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Home values, rents and more in Shelby, IA

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$238,000
Metro: $306,000 · U.S.: $366,000
Home values, past year
+1.8%
Metro: +2.7% · U.S.: +1.2%
Population
752
ACS 2020–24
Median household income
$63,654
Metro: $84,829 · U.S.: $80,734
ZIP codes around Shelby, IA, shaded by typical home valueShelby
  • Under $240k
  • $240k–$250k
  • $250k+
  • No data
ZIP codes around Shelby, IA, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Shelby is outlined.

How Shelby compares

The typical home in Shelby, IA is worth about $238,000, according to the Zillow Home Value Index for September 2026. Home values in Shelby are 22% below the typical value in the Omaha metro area ($306,000) and 35% below the U.S. typical value ($366,000).

Over the past year, home values in Shelby rose 1.8%, compared with +2.7% in the Omaha metro area and +1.2% nationally.

The median household income is $63,654, against $84,829 in the Omaha metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 752 people live in Shelby (American Community Survey 2020–24).

Shelby has the 18th-lowest typical home value of the 70 cities in the Omaha metro area and the 273rd-highest of 770 in Iowa with Zillow figures.

Part of: Pottawattamie County, IA · Omaha metro area · Iowa

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Shelby, IA

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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