The story of this market
The typical home in ZIP 49455 sells for about $234,876, or $160 per square foot.
Prices are down 8.5% from a year ago, which gives buyers more room to negotiate. Homes take about 100 days to sell, which is slow.
ZIP 49455 — Shelby
The 49455 housing market is currently characterized by a neutral sentiment with a median home price of approximately $234,876. Market activity shows a moderate pace with 114 active listings and a year-over-year price decline of 8.5%. The area remains an affordable option for local buyers, though rental data is limited.
This ZIP code is well-suited for families and individuals seeking a rural or small-town lifestyle, offering affordable housing options compared to larger urban centers.
Median prices moved down 8.5% year over year.
Homes spend a median of 100 days on market with 0.3 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 11.2% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 49455, Oceana County MI
The area is primarily served by the Shelby Public Schools district, which provides standard public education for the local community.
The region is subject to typical Midwestern weather patterns, including significant annual snowfall and seasonal storm risks.
The local economy is anchored by agricultural and small-town commercial activity, with limited large-scale industrial development reported.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Residents typically rely on personal vehicles for commuting, with access to local roads connecting to regional highways.
The area features access to local parks, outdoor recreational spaces, and proximity to natural attractions within Oceana County.
The rental market is limited in depth, with a mix of long-term residential rentals and seasonal housing options.
The economy is primarily driven by agriculture, local retail, and small-scale service industries.
Transportation is primarily highway-based with no major public transit infrastructure.
Development is largely focused on residential infill and small-scale commercial projects.
Oceana County manages property assessments through a centralized appraisal process.
Parcels are subject to local school district taxes and county-wide service levies.
Property insurance premiums are influenced by regional weather risks, including winter storm exposure.
Data retrieved from data.census.gov for ZCTA 49455.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
The central hub for local commerce and community services.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.