Welcome to our 46176 real estate data hub, tailored for investors in Shelbyville, IN. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 46176 in Shelbyville, IN. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SHELBY COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Shelbyville, IN real estate investing. Uncover the wealth of information available, and position yourself for success in the Shelbyville property market.
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Location Overview
- Zip Code: 46176
- City: Shelbyville
- State: IN
- Metro Area: Indianapolis-Carmel-Anderson, IN
- County Name: SHELBY COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $195,358
- Average Home Price (Single Family Homes): $193,644
- Average Monthly Rental Price (All Types): $1,563
- Price-to-Rent Ratio: 10
- Zillow Projected % appreciation from 4/2023-4/2024: 2.6%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $950
- Average 3 Bedroom Section 8 Rental Rates: $1,250
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.14
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.02
- Number of Units Offered in Section 8 in the County: 146
- Number of Occupied Units in Section 8 in the County: 144
- Percentage of Section 8 Units Occupied in the County: 98.69999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 169.11
- Total % Appreciation since 2000 (Government Data): 75.45
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.15%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.66%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 43.75%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 64.37%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 119.49%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%