Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Shellsburg

Learn about the people, housing, costs and businesses in Shellsburg, Iowa

Median Home$315,500
Median Rent$637/month
Population937
Leading IndustriesRetail · Transportation29% retail
Home Value Growth⬆⬆⬆+24.9% over 2 years
Young Adults27% of residentsnear the national average
Homeowners86% of occupied units
NotableHigh Incomes$95k/year · top 21% nationally
NotableVeteran Community9% of residents · top 22% nationally
Shellsburg
IA

Frequently Asked Questions

What are today's mortgage rates in Shellsburg?

As of today, the 30-year fixed mortgage rate for Shellsburg is approximately 6.858% (6.893% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Shellsburg
What is the median home price in Shellsburg?

The median home value in Shellsburg is $316k. The median monthly rent is $637. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shellsburg?

Home values in Shellsburg have increased 24.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Shellsburg?

Based on a typical all-in ownership cost of $1,217/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shellsburg is $95k/year.

Calculate your buying power
What industries drive the economy in Shellsburg?

The largest employment sectors in Shellsburg are retail (29%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.