Shelby currently has 15 single family homes for sale with an average list price of $630,207, 1 condo for sale with a list price of $471,900, and 2 lots for sale with an average list price of $107,500. The average annual property tax for Shelby is $4,223.
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 October rose in volume by 14.3% when compared to last year, while the median sale price decreased by 15.6% from $425,000 to $358,500. House sales stayed the same, while the median sale price decreased by 20% from $425,000 to $340,000. Condo sales stayed the same, while the median sale price stayed the same.
85
|
56
|
46
|
42
|
2020 | 2021 | 2022 | 2023 |
# of sales per year |
$304,000
|
$320,700
|
$350,000
|
$385,000
|
2020 | 2021 | 2022 | 2023 |
median sale price per year |