Buildocrat US Land Value Book

Land and home values in Shelby County, Iowa

Shelby County (rural) covers 591 square miles and 4 census tracts. Residential land is about $3.05 per sq ft at the county median, from $1.91 in its most rural tracts to $3.28 in its most valuable. The typical home is worth about $198,000 and a 2-bedroom rents for about $915 a month, as of October 12, 2026.

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County values

Land: residential$3.05per sq ft
Land: residential$132,684per acre
Land: quarter-acre lot$33,17110,890 sq ft
Land: farmland$10,700per acre
Home: typical (median)$198,000value
Home: entry-level$116,000lower quartile
Home: upper-end$305,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$810per month
Rent: 2-bedroom$915per month
Rent: 3-bedroom$1,250per month
Rent: 4-bedroom$1,320per month
Gross yield, 2-bed5.5%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Rural2$3.28$218,000$865
Farmland2$1.91$197,000$915

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Highest-value places

PlaceTypeLand $/sq ftTypical home
KirkmanTown$2.81$140,000
Westridge Mobile Home ParkSubdivision$2.81$190,000
JacksonvilleCommunity$2.69$181,000
HarlanTown$2.67$180,000
CorleyCommunity$2.51$186,000
PortsmouthTown$2.49$147,000
TennantTown$2.46$248,000
EarlingTown$2.42$147,000

Questions people ask

How much is land worth in Shelby County, IA?

Residential land in Shelby County, IA is about $3.05 per square foot, or $132,684 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $33,171. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Shelby County, IA?

The typical (median) home in Shelby County, IA is worth about $198,000, with entry-level homes around $116,000 and upper-end homes around $305,000, as of October 2026.

How much is rent in Shelby County, IA?

A 2-bedroom rents for about $915 a month in Shelby County, IA, a 1-bedroom about $810 and a 3-bedroom about $1,250 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Shelby County, IA?

Farmland averages about $10,700 an acre in Shelby County, IA (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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