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MT area data

Shelby, MT

Shelby, MT.

Population: 3,525 (Census ACS)

Home values & appreciation

Median home value
$184,174
1-year appreciation
+1.1%
3-year appreciation
+15.3%
5-year appreciation
+44.1%
10-year appreciation
+55.3%
All-time peak (2026-07)
$184,174
House Price Index
724.8 (-1.8% YoY)

Market activity

New listings (monthly)
6

Affordability

Cost of living index (Average)
95.5 (100 = US avg)
Electricity rate (state-level)
13.0¢/kWh
Natural gas rate (state-level)
$9.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
5
Elementary schools
3
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
coldWave

Climate (30-year normals)

Annual precipitation
14.8 in
Annual snowfall
61.6 in

Amenities

Nearest airport
Shelby Airport (SBX) (8 mi)
Nearest major airport
Cut Bank International Airport (CTB) (30 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
+57 tax filers

Housing stock

Median year housing built
1,964
Median annual property tax
$1,995
Households with broadband internet
56.1%

Employment & development

Total county employment
1,326
Average weekly wage
$989
Top industries (by employment)
Health Care, Accommodation & Food, Mining

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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents