Shelby currently has 18 single family homes for sale with an average list price of $537,044.44, 1 townhouse for sale with a list price of $900,000, 1 condo for sale with a list price of $425,000, and 1 lot for sale with a list price of $1,590,000. The average annual property tax for Shelby is $4,247.89.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Shelby, i.e. what's hot and what's not.
See What's Hot & What's Not in ShelbyShelby home sales for the month of November decreased in volume by 60% when compared to last year, while the median sale price decreased by 30.6% from $435,000 to $302,000. House sales decreased by 50%, while the median sale price decreased by 29.8% from $430,000 to $302,000.
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59
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50
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47
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45
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
|
$320,000
|
$350,000
|
$382,000
|
$399,900
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.