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Shelby County Housing

 
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As of 2010-2014, median price of a house in Shelby County is $131,700, which is lower than the state average of $139,900 and is lower than the national average of $175,700. The Shelby County median house value has grown by 42.84% since 2000. The growth rate for the price of a house in Shelby County is lower than the state average rate of 50.43% and is lower than the national average rate of 46.91%. The median year that a house in Shelby County was built is 1975, which is older than the median year for a house built in the state which is 1981 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 200,407 Owner Occupied Houses in Shelby County, #24
Shelby County
131,700 USD
Tennessee
139,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #40
Shelby County
42.84%
Tennessee
50.43%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Shelby CountyTennesseeU.S.
Total Housing Units400,572, see rank, 100%2,839,142132,741,033
Occupied Housing Units345,475, 86.25%, see rank87.61%87.55%
Owner Occupied200,407, 50.03%, see rank58.82%56.34%
Renter Occupied145,068, 36.22%, see rank28.79%31.21%
Vacant Housing Units55,097, 13.75%, see rank12.39%12.45%
For Rent19,746, 4.93%, see rank2.61%2.34%
For Sale Only4,749, 1.19%, see rank1.32%1.20%
Rented or Sold, Not Occupied3,863, 0.96%, see rank1.07%0.92%
For Seasonal, Recreational, or Occasional Use1,845, 0.46%, see rank2.44%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant24,894, 6.21%, see rank4.93%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #86
Shelby CountyTennesseeU.S.
197519811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Shelby County%TennesseeU.S.
Owner-Occupied Units200,407100%1,669,95374,787,460
With a Mortgage142,44471.08%, see rank61.60%65.58%
Without a Mortgage57,96328.92%, see rank38.40%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Shelby County
1,389 USD
Tennessee
1,197 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsShelby County%TennesseeU.S.
$299 or Less1780.12%, see rank0.28%0.20%
$300 to $4991,3960.98%, see rank2.56%1.59%
$500 to $6996,2874.41%, see rank8.39%5.01%
$700 to $99924,11016.93%, see rank23.06%14.32%
$1,000 to $1,49949,28234.60%, see rank34.56%27.90%
$1,500 to $1,99929,93721.02%, see rank16.87%20.35%
$2,000 to $2,99922,52115.81%, see rank10.45%19.52%
$3,000 or More8,7336.13%, see rank3.83%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Shelby County
23.90% of the Total Income
Tennessee
22.70% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Shelby County%TennesseeU.S.
10% or Less7,3435.16%, see rank6.05%5.86%
10% to 20%45,66632.06%, see rank34.78%31.95%
20% to 30%39,92228.03%, see rank28.01%27.64%
30% to 40%18,96813.32%, see rank12.76%13.74%
40% or More29,38720.63%, see rank17.77%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Shelby County
486 USD
Tennessee
359 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsShelby County%TennesseeU.S.
$199 or Less2,4244.18%, see rank10.63%7.76%
$200 to $2997,04012.15%, see rank23.38%14.70%
$300 to $49921,05436.32%, see rank42.62%34.63%
$500 to $69913,94224.05%, see rank15.15%21.16%
$700 or More13,50323.30%, see rank8.22%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Shelby County
12.50% of the Total Income
Tennessee
11.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Shelby County%TennesseeU.S.
10% or Less22,42938.70%, see rank45.34%40.19%
10% to 20%18,49331.90%, see rank31.24%31.47%
20% to 30%7,05612.17%, see rank10.84%12.24%
30% to 40%3,4065.88%, see rank4.71%5.64%
40% or More5,4959.48%, see rank6.65%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Shelby CountyTennesseeU.S.
Total Housing Units400,572, 100%2,839,142132,741,033
1-unit, Detached268,920, 67.13%, see rank68.74%61.65%
1-unit, Attached16,301, 4.07%, see rank3.11%5.82%
2 Units9,545, 2.38%, see rank3.00%3.75%
3 or 4 Units20,275, 5.06%, see rank3.14%4.43%
5 to 9 Units35,656, 8.90%, see rank4.62%4.78%
10 or More Units45,440, 11.34%, see rank7.73%13.08%
Mobile Home, Boat, RV, Van, etc.4,435, 1.11%, see rank9.67%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Shelby CountyTennesseeU.S.
Total Housing Units400,572, 100%2,839,142132,741,033
1 Room4,573, 1.14%, see rank1.08%1.95%
2 Rooms4,142, 1.03%, see rank1.43%2.48%
3 Rooms33,016, 8.24%, see rank6.75%9.13%
4 Rooms68,541, 17.11%, see rank16.35%16.60%
5 Rooms80,328, 20.05%, see rank22.36%20.41%
6 Rooms74,512, 18.60%, see rank19.26%18.06%
7 Rooms52,120, 13.01%, see rank13.02%12.27%
8 Rooms34,826, 8.69%, see rank8.63%8.48%
9 Rooms or More48,514, 12.11%, see rank11.12%10.60%
Median Rooms5.60, see rank5.605.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Shelby CountyTennesseeU.S.
Total Housing Units400,572, 100%2,839,142132,741,033
No Bedroom4,930, 1.23%, see rank1.18%2.17%
1 Bedroom41,481, 10.36%, see rank7.78%11.16%
2 Bedrooms101,877, 25.43%, see rank26.67%26.69%
3 Bedrooms165,136, 41.23%, see rank46.66%39.70%
4 Bedrooms67,947, 16.96%, see rank14.27%16.05%
5 or More Bedrooms19,201, 4.79%, see rank3.44%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Shelby CountyTennesseeU.S.
Total Housing Units345,475, 100%2,487,349116,211,092
Utility Gas197,771, 57.25%, see rank33.15%48.85%
Bottled, Tank, or LP Gas3,168, 0.92%, see rank4.33%4.86%
Electricity142,768, 41.33%, see rank59.47%36.68%
Fuel Oil, Kerosene, etc.282, 0.08%, see rank0.47%5.86%
Coal or Coke30, 0.01%, see rank0.04%0.12%
Wood573, 0.17%, see rank2.14%2.12%
Solar Energy18, 0.01%, see rank0.02%0.05%
Other Fuel207, 0.06%, see rank0.11%0.47%
No Fuel Used658, 0.19%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalShelby CountyTennesseeU.S.
Occupied Units Paying Rent139,025, 100%747,96239,201,928
$199 or Less1,335, 0.96%, see rank2.40%1.50%
$200 to $2992,863, 2.06%, see rank4.03%3.18%
$300 to $4997,759, 5.58%, see rank10.84%7.37%
$500 to $69926,013, 18.71%, see rank24.36%16.01%
$700 to $99954,463, 39.17%, see rank35.12%29.17%
$1,000 to $1,49937,470, 26.95%, see rank18.39%26.88%
$1,500 to $1,9996,694, 4.81%, see rank3.36%9.79%
$2,000 or More2,428, 1.75%, see rank1.49%6.10%
Median$861, see rank$757$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Shelby CountyTennesseeU.S.
Occupied Housing Units345,475, 100%2,487,349116,211,092
No Vehicles Available32,456, 9.39%, see rank6.39%9.12%
1 Vehicles Available134,472, 38.92%, see rank32.88%33.80%
2 Vehicles Available122,679, 35.51%, see rank38.26%37.48%
3 or More Vehicles Available55,868, 16.17%, see rank22.47%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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