Shelby currently has 9 single family homes for sale with an average list price of $687,511.11, 2 condos for sale with an average list price of $474,950, and 3 lots for sale with an average list price of $603,333.33. The average annual property tax for Shelby is $4,201.81.
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 March rose in volume by 100% when compared to last year, while the median sale price rose by 19% from $365,000 to $434,450. House sales rose by 100%, while the median sale price rose by 19% from $365,000 to $434,450.
59
|
50
|
47
|
46
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$320,000
|
$350,000
|
$382,000
|
$395,950
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |