Shellsburg, IA—52332
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Shellsburg, IA
As of Oct '25, the median home price in Shellsburg, IA is $296,000, with a year-over-year change of 7.6%. This indicates that home prices in Shellsburg, IA are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $296,000 | 7.6% |
| Single Family | $298,000 | 8.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $191,000 | 10.4% |
3 Bed | $258,000 | 9.3% |
4 Bed | $359,000 | 7.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Shellsburg, IA
Shellsburg, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Shellsburg, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Shellsburg, IA is 42. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $253,000 | -18.0% |
Listing Count | 6 | 0.0% |
| Listings as % of Homes | 0.9% | 0.0% |
Days on Market | 42 | -6.0% |
Demographics — Shellsburg, IA
As of the latest ACS Survey released in 2023, Shellsburg, IA has a population of 1,640, which has decreased by -20.6% over the past 5 years. Shellsburg, IA is a moderately popular place for families, as children make up 17.0% of the population. The area has a poorly educated workforce, with 15.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,640 | -20.6% |
% Under 18 | 17.0% | -31.5% |
% Seniors | 17.8% | -3.8% |
% WFH | 14.9% | 396.7% |
% w/ College Degree | 15.1% | -23.4% |
As of the latest ACS Survey released in 2023, Shellsburg, IA is a predominantly white area, with 95.7% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Shellsburg, IA is hispanic, making up 2.4% of the population. Foreign-born residents account for 0.7% of the population in Shellsburg, IA, and this percentage has increased by 600.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.7% | -2.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.4% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.7% | 600.0% |
Mortgage and Risk — Shellsburg, IA
According to HUD data as of 2023, there were 88 mortgage originations in Shellsburg, IA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Shellsburg, IA. Investor activity is low, as 3.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 88 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Shellsburg, IA
Shellsburg, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,540 |
Affordability — Shellsburg, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $296,000 |
| Median Household Income | $90,800 |