The story of this market
The typical home in ZIP 44875 sells for about $172,000, or $103 per square foot.
Prices are up +7.8% from a year ago, so sellers still have some momentum. Homes take about 13 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $779 a month.
ZIP 44875 — Shelby
The Shelby housing market is experiencing strong demand with a 7.8% year-over-year price increase and a rapid 13-day median time on market. Low inventory levels and consistent interest from local buyers are driving competitive conditions, despite the modest overall price point.
This ZIP is well-suited for family buyers seeking affordable housing and local investors looking for steady rental yields in a stable, small-town environment.
Median prices moved up 7.8% year over year.
Homes spend a median of 13 days on market with 1.6 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 95.54% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.9% · poverty 12.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 44875, Ohio
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Shelby maintains a stable industrial base with local manufacturing and service sector employment, though development momentum is moderate.
Property taxes are assessed by Richland County; rates are determined by local millage for schools, municipal services, and county operations.
Residents primarily commute via local state routes to employment hubs in Mansfield or toward the broader North Central Ohio region.
The area features local parks and community green spaces within Shelby, with access to regional outdoor recreation in Richland County.
The rental market shows strong demand with a 3.59% annual rent growth and low vacancy pressure, attracting interest from local investors.
The local economy is anchored by manufacturing and regional service industries, with proximity to Mansfield providing additional employment opportunities.
Transportation is primarily car-dependent, utilizing state routes for regional connectivity.
Parcels are subject to local school district and county-level tax levies.
Data retrieved from census.gov and local market aggregators.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Richland Carrousel Park4.712.9 mi
- Altitude Trampoline Park4.310 mi
- Galion Splash Park4.613.2 mi
- Mid-Ohio Sports Car Course4.615.2 mi
- Der Dutchman4.519.3 mi
- Deer Ridge Golf Club & Black Dog Tavern4.519.2 mi
- Attica Raceway Park4.815.6 mi
- Golden Corral Buffet & Grill410.5 mi
- The Ohio State Reformatory4.712.2 mi
- Westmeister Farms - By Private Appointment4.94 mi
- Cinemark Ontario Towne Center4.49.2 mi
- Ohio Bird Sanctuary4.812.4 mi
- Buckeye Imagination Museum4.712.8 mi
- The Ohio State Reformatory4.712.2 mi
- Kingwood Center Gardens4.811.9 mi
- Buckeye Imagination Museum4.712.8 mi
- Biblewalk4.712.4 mi
- Mansfield Art Center4.713 mi
- Kingwood Center Gardens4.811.9 mi
- Ohio Bird Sanctuary4.812.4 mi
- Ontario Marshall Park4.69.9 mi
- North Lake Park4.112 mi
- Lowe-Volk Nature Center @ Crawford Park District4.810 mi
- Charles Mill Marina4.718.4 mi
- Clearfork Marina & Campground4.513.8 mi
- Valley View Golf Course4.310.7 mi
- Shelby Crossing Golf Course and Event Center4.55.1 mi
- Woody Ridge Golf Course4.43.8 mi
- Oak Tree4.38.6 mi
- Twin Lakes4.112.9 mi
- Meijer4.29.1 mi
- Planktown Country Market - Shiloh, OH4.85.8 mi
- The Ontario Center3.810.3 mi
- Apple Hill Orchards4.612.8 mi
- Gabe's4.210.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central community green space for local recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.