Shelby Public Schools
Surrounded by nature
Median $200K
Why people love it here
Lake life
- Stony Lake within walking distance
$200K median
- 5 sales in last 12mo
Mortgage Calculator
Median home price in Shelby Public Schools
Estimated Monthly Payment
$1,358/mo
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access
5 homes sold in Shelby Public Schools this year. Thinking of selling?
See what your home is worthNearest Park
Otto Nature Preserve
8.3 mi
Parks Nearby
0
within 1 mile
Nearest Lake
Stony Lake
0.0 mi
Crime in Shelby Public Schools is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Oceana County.
Oceana County crime & safety stats →To buy a median-priced Shelby Public Schools home (around $200,000) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $35k/year in household income to qualify — an estimated monthly payment of $1,324 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,324/mo | $35,305 |
| 10% (+PMI) | $1,524/mo | $40,652 |
| 5% (+PMI) | $1,591/mo | $42,436 |
Estimates use a 6.43% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not an APR or a commitment to lend — your actual rate and payment will vary.
Land for sale
Listings
34 parcels
Active / pending
Typical Land Value
$14K/acre
Median asking
Median Price
$130K
Per listing
Who actually lends in Shelby Public Schools, and how homes here are financed — from 2024 federal mortgage records.
Loans to buy a home
Most active lenders
Homeowners refinancing an existing mortgage
Most active lenders
Source: 2024 HMDA (CFPB/FFIEC). Neighborhood figures are area-weighted estimates from census-tract data; loan amounts are rounded and all-cash purchases are excluded.
Frequently asked about Shelby Public Schools
- What do homes cost in Shelby Public Schools?
- The median home value in Shelby Public Schools is about $200,000. Individual prices vary by street, size, and condition.
- How active is the Shelby Public Schools housing market?
- there are 23 homes for sale in Shelby Public Schools right now, and 5 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
Top contributors in Shelby Public Schools
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