Area data
Shelby township, MI — ZIP 48316
Population: 28,784 (Census ACS)
Home values & appreciation
- Median home value
- $425,027
- 1-year appreciation
- +2.7%
- 3-year appreciation
- +10.9%
- 5-year appreciation
- +24.3%
- 10-year appreciation
- +68.6%
- All-time peak (2026-07)
- $425,027
- House Price Index
- 387.5 (+5.5% YoY)
Market activity
- Median sale price
- $565,000
- Median list price
- $474,000
- Median days on market
- 17 days
- Sale-to-list ratio
- 100.7%
- Active listings
- 31
- 1-year forecast
- +1.1%
- Days to pending
- 30 days
- New listings (monthly)
- 50
Rents
- Typical rent
- $1,774/mo
- 1BR fair-market rent
- $1,260/mo
- 3BR fair-market rent
- $1,940/mo
Affordability
- Cost of living index (Below Average)
- 92.0 (100 = US avg)
- Electricity rate (state-level)
- 20.0¢/kWh
- Natural gas rate (state-level)
- $10.90/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 8
- Elementary schools
- 5
- Middle schools
- 2
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively High
- Top hazards
- coldWave, iceStorm, strongWind, tornado, inlandFlooding
- FEMA flood zone
- A02
- Flood risk level
- High
Climate (30-year normals)
- Annual precipitation
- 35.7 in
Air quality
- Air quality rating
- Moderate
- Median AQI (annual)
- 51
- Days with Good air quality
- 182
- Days with Unhealthy air quality
- 4
Walkability & transit
- Walkability index
- 5.8 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- River Raisin National Battlefield Park (56 mi)
- Nearest airport
- Kunstman Airport (7 mi)
- Nearest major airport
- Selfridge Air National Guard Base Airport (MTC) (12 mi)
- Hospitals nearby (~15 mi)
- 16
- Avg hospital rating
- 2.5 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Migration
- Net migration
- -769 tax filers
Housing stock
- Median year housing built
- 1,993
- Median annual property tax
- $3,949
- Mean commute to work
- 22 min
- Households with broadband internet
- 85.0%
Employment & development
- Total county employment
- 305,468
- Average weekly wage
- $1,314
- Top industries (by employment)
- Health Care, Professional Services, Accommodation & Food
- Annual residential building permits (county)
- 1,080
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →