Home Value Trail

Shelby, NC home price history and building permits

Cleveland CountyShelby-Kings Mountain, NCNorth Carolina

  • Price trail: Cleveland County
  • FHFA annual index 1979 to 2025
  • Developmental index
  • Permits through

The annual files of FHFA have no index for a city. The line on this page is the index of Cleveland County, the county of Shelby. The FHFA annual house price index for Cleveland County increased by 113.3% from 2015 to 2025. Building permits in Shelby authorized 296 housing units in the 12 months to August 2026.

2015

The annual files of FHFA have no index for a city. These figures are for the index of Cleveland County, the county of Shelby.

+113.3%

From 2015 to 2025, the FHFA annual all-transactions index for Cleveland County increased by 113.3%.

From 2015 to 2025, the average change in each year is +7.9%, compounded.

Same span at each level: 2015 to 2025
AreaChangeBar
Cleveland County+113.3%
Shelby-Kings Mountain, NC+113.3%
North Carolina+106.6%
United States+85.0%
Cleveland County FHFA annual all-transactions index, 100 in 1979
  • Cleveland County
  • United States, set to the same start
  • Recession (NBER dates)
  • Your span

This is the price trail of Cleveland County, not of Shelby. The annual files of FHFA have no index for a city.

Index values for each year
FHFA annual all-transactions index for Cleveland County, 1979 to 2025
YearIndexChange from the year before
2025528.03+2.7%
2024514.01+5.6%
2023486.92+9.6%
2022444.26+21.9%
2021364.51+15.1%
2020316.76+4.3%
2019303.73+8.7%
2018279.51+6.2%
2017263.14+5.2%
2016250.18+1.1%
2015247.53+5.8%
2014233.97−2.5%
2013239.88−0.9%
2012242.18−3.7%
2011251.44−0.5%
2010252.79−4.3%
2009264.09−2.8%
2008271.72+1.6%
2007267.35+4.0%
2006257.13+3.8%
2005247.76+3.1%
2004240.38+1.7%
2003236.28+1.8%
2002232.05+2.7%
2001225.99+4.7%
2000215.76+4.4%
1999206.72+1.6%
1998203.37+5.5%
1997192.75+5.0%
1996183.56+5.3%
1995174.32+4.3%
1994167.08+5.1%
1993158.96+2.4%
1992155.16+0.6%
1991154.29+1.6%
1990151.90+4.1%
1989145.98+2.4%
1988142.62+4.9%
1987135.94+7.9%
1986125.96+11.2%
1985113.27+28.8%
198487.94−29.1%
1983123.96+40.6%
198288.16−25.0%
1981117.61+12.2%
1980104.84+4.8%
1979100.00n/a

Each figure is the change of the FHFA annual all-transactions index, from the year that you pick to 2025. It is a change for the area. It is not the change in the value of your home, and it does not use the price that you paid.

The average for each year is a compounded annual change. The guide to values explains more.

When using the FHFA House Price Calculator, please note that it does not project the actual value of any particular house.

FHFA, about its own House Price Calculator: Federal Housing Finance Agency, House Price Index Datasets, HPI Calculator, copied on . The calculator of FHFA uses quarterly figures. For the states and the 100 largest metro areas it uses the purchase-only index. Its figures can differ from the figures here.

Since the last FHFA release

No recorded FHFA release changed a figure of Cleveland County. The record of releases starts with the next FHFA release. FHFA releases recorded by this site

Same span, every level

Change in the FHFA annual index to 2025: Cleveland County and the areas above it
Area1 year2024 to 20255 years2020 to 202510 years2015 to 202520 years2005 to 2025Since 20002000 to 2025Each yearaverage of 10 years
Cleveland County+2.7%+66.7%+113.3%+113.1%+144.7%+7.9%
Shelby-Kings Mountain, NC+2.7%+66.7%+113.3%+113.1%+144.7%+7.9%
North Carolina+2.5%+60.4%+106.6%+117.3%+159.5%+7.5%
United States+2.8%+47.0%+85.0%+79.1%+158.3%+6.3%

The annual files of FHFA have no index for Shelby. The first row is the index of Cleveland County.

Building permits in Shelby

In the 12 months to August 2026, building permits in Shelby authorized 296 housing units. That is 12.7 units for each 1,000 residents. In the 12 months before, permits authorized 310 units.

Housing units authorized by month, latest 24 months
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each month
Housing units authorized by building permits in Shelby, by month
MonthAll units1 unit2 or more units
Aug 2026281216
Jul 2026281414
Jun 2026311417
May 2026281315
Apr 2026331518
Mar 202621147
Feb 202620137
Jan 202625250
Dec 202519118
Nov 2025201010
Oct 202520137
Sep 2025231310
Aug 202518135
Jul 2025251510
Jun 202511110
May 2025261610
Apr 2025251510
Mar 2025321319
Feb 2025311219
Jan 2025351124
Dec 2024321121
Nov 2024271017
Oct 202420200
Sep 2024281117
Housing units authorized in the 12 months to August 2026, by size of building
FigureShelbyCleveland CountyNorth CarolinaUnited States
All units29655187,8531,418,086
In buildings with 1 unit167 (56%)383 (70%)61,266 (70%)888,241 (63%)
In buildings with 2 units16181,29234,814
In buildings with 3 or 4 units214132117,298
In buildings with 5 or more units92 (31%)109 (20%)24,974 (28%)477,733 (34%)
Units for each 1,000 residents12.75.37.84.1
Change from the 12 months before−4.5%−2.8%+2.0%−0.1%
Housing units authorized by year, 1995 to 2025
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each year
Housing units authorized by building permits in Shelby, by year
YearAll units1 unit2 or more units
2025285153132
202427818098
2023442142300
202293894
202154522
202027270
2019990
2018880
2017880
201611110
2015990
2014990
201322202
2012352015
2011521042
2010880
2009990
200820200
200733330
200633312
200515240112
2004864244
2003805525
200225048202
2001796514
2000726012
1999652639
199819951148
1997623725
1996463214
199546460

A permit authorizes construction. It does not show that the work started or that it is complete. For a place that does not report each month, the Census Bureau imputes the monthly figures.

Agency pages

  • Building Permits SurveyUS Census BureauThe survey of housing units that building permits authorize.
  • FHFA House Price IndexFederal Housing Finance AgencyThe index page of FHFA: data, tools and the release dates.
  • FHFA HPI CalculatorFederal Housing Finance AgencyThe calculator of FHFA. It works by quarter, for a state or a metro area.

Each link loaded on .

Cite this page

Home Value Trail. Shelby, NC home price history and building permits. https://homevaluetrail.com/city/nc/shelby/. Source: US Census Bureau, Building Permits Survey; Federal Housing Finance Agency, annual house price index for Cleveland County. FHFA release of .

Where the figures come from

Building permits
US Census Bureau, Building Permits Survey, place files through August 2026, permit office 532000. County, state and national figures from the county and state files.
Price trail
FHFA annual house price index for Cleveland County, 1979 to 2025. Release of March 31, 2026.
County of the place
The county code of the Building Permits Survey row, and the Census Bureau 2020 place by county file.
Residents
US Census Bureau, population estimates for 2025.

All files are works of the US government, in the public domain. To report an error, see Corrections.

Questions

What kinds of buildings have permits in Shelby?
In the 12 months to August 2026, 167 units are in buildings with one unit. 37 units are in buildings with two to four units. 92 units are in buildings with five or more units.
How does the count compare with the 12 months before?
Permits authorized 310 housing units in the 12 months before. Permits authorized 296 housing units in the 12 months to August 2026. The count decreased by 4.5% between the two periods.
How many units is that for each 1,000 residents?
Shelby has 12.7 units for each 1,000 residents. Cleveland County has 5.3 units for each 1,000 residents. North Carolina has 7.8 units for each 1,000 residents.
How many units have permits from 1995?
Permits in Shelby authorized 2,582 housing units from 1995 to 2025. The year with the most units is 2023, with 442.