Shelby MT Multi-family Properties For Sale
The median home value in Shelby, MT is $167,900. This is lower than the county median home value of $178,800. The national median home value is $338,100. The average price of homes sold in Shelby, MT is $167,900. Approximately 44.38% of Shelby homes are owned, compared to 33.66% rented, while 21.96% are vacant. Shelby real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Shelby real estate agent to arrange a tour today!
Learn More About Shelby Real EstateStatistics & facts
3,139
Population
$167K
Medium Home Value
1,180
# of Households
21.96%
Housing Vacancy
31.12%
Future Job Growth
1.40%
Unemployment Rate
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Greenville Multiple Listing Service, Inc. All rights reserved.
Population
Shelby has a population of approximately 3,139 and experiences a population change rate of -2.39%. The population density is 542.9 / sq mi.
Household
The median household income for Shelby is $47,389, with 1,180 households and an average household size of 2.18.
Cost of Living
The cost of living index in Shelby is 86.1%.
Home Value
The median value of a home in Shelby is $167,900 with an appreciation rate of 20.3%. 44.4% of housing in the city is owned while 33.7% is rented.
Employment
The unemployment rate in Shelby is 1.40%, and recent job growth is at 1.26%. Future job growth is projected at 31.12%.
Taxes
The sales tax rate in Shelby is 0.00%, while the income tax rate is 6.75%.
Education
School expenditures in Shelby are $16,294, and the school ratio is 12:1.
Weather
The average high temperature in July is 82 degrees, with an average low temperature in January of 8.1 degrees. The average rainfall is approximately 11.6 inches per year, with 28.3 inches of snow per year.
Education near Shelby MT
| Metric | City | County |
|---|---|---|
| High School Graduates | 89.86 | 89.46 |
| College Degree - 2 year | 3.33 | 5.72 |
| College Degree - 4 year | 26.26 | 26.15 |
| Graduate Degree | 7.28 | 6.33 |
| Expenditures per Student | $16,294 | $16,294 |
| Students per Teacher | 12.00 | 12.00 |
Elementary Schools near Shelby MT
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Big Sky School | PK - 08 | 16 | 15.2 | 59427 |
| Cam Rose School | PK - 08 | 14 | 14 | 59474 |
| Galata School | PK - 08 | 4 | 4 | 59444 |
| Glacier Elementary School | PK - 08 | 15 | 15 | 59427 |
| Glendale School | PK - 08 | 15 | 14.3 | 59427 |
| H C Davis Elementary | PK - 03 | 258 | 14.3 | 59427 |
| Hidden Lake Elementary School | PK - 08 | 4 | 4 | 59427 |
| Horizon Elementary | PK - 08 | 13 | 13 | 59427 |
| Kingsbury Colony Attn Center | PK - 08 | 13 | 13 | 59486 |
| Liberty Elementary School | PK - 08 | 15 | 15 | 59444 |
| Meadowlark School | PK - 02 | 124 | 16.1 | 59425 |
| Miami School | PK - 08 | 14 | 7 | 59425 |
| Midway Colony | PK - 08 | 16 | 8 | 59425 |
| Mountain View Elementary School | PK - 08 | 21 | 21 | 59427 |
| Prairie View School | 03 - 05 | 130 | 17.6 | 59425 |
| Riverview Elementary | PK - 08 | 5 | null | 59444 |
| Shelby Elementary School | PK - 06 | 233 | 13.1 | 59474 |
| Valier School | PK - 06 | 81 | 11.8 | 59486 |
| Zenith Elementary | PK - 08 | 14 | 14 | 59427 |
Middle Schools near Shelby MT
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Anna Jeffries Elementary | 04 - 05 | 118 | 12.9 | 59427 |
| Cut Bank Middle School | 06 - 08 | 140 | 12 | 59427 |
| Shelby 7-8 | 07 - 08 | 65 | 9.2 | 59474 |
| Utterback 6 School | 06 - 06 | 40 | 12.1 | 59425 |
| Utterback 7-8 | 07 - 08 | 59 | 8.3 | 59425 |
| Valier 7-8 | 07 - 08 | 27 | 12 | 59486 |
High Schools near Shelby MT
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Conrad High School | 09 - 12 | 176 | 11.8 | 59425 |
| Cut Bank High School | 09 - 12 | 182 | 9.7 | 59427 |
| Shelby High School | 09 - 12 | 149 | 10.8 | 59474 |
| Valier High School | 09 - 12 | 59 | 10.6 | 59486 |
