Market Overview
Home Prices in Shelley, ID
The median home value in Shelley, ID is $444,620 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Shelley are priced8% above average. Shelley is part of the Blackfoot, ID metro area.
Over the past five years, Shelley home values have risen by approximately24.0%, reflecting strong long-term appreciation in this market.
Price History
Shelley Home Price Trend
City Comparison
Shelley vs. National Median
At $444,620, homes in Shelley cost 8% above the national median of $410,000. Buyers in Shelley should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Shelley?
20% Down Payment
$88,924
on $444,620
Monthly P&I
$2,319/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,945/mo
incl. taxes & insurance
Income Needed
$117,800
gross annual (30% rule)
10% Down Option
$44,462
+ PMI applies
Loan Amount (20% dn)
$355,696
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Shelley, ID?
The median home value in Shelley is $444,620 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Shelley?
Over the past year, home values in Shelley have increased by 2.6%. Over five years, prices have risen approximately 24.0%.
How much do I need to earn to buy a home in Shelley?
To comfortably afford the median home price of $444,620 with a 20% down payment ($88,924) at today's rates (6.8%), you'd need a gross annual income of approximately $117,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Shelley compare to the national average home price?
The national median home value is approximately $410,000. At $444,620, homes in Shelley are 8% above the national average.
What metro area is Shelley part of?
Shelley is part of the Blackfoot, ID metropolitan area. Home prices and market conditions can vary across the broader metro region.