Shelby, NY Housing Market & Real Estate

Leaning buyer's+15.2% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Shelby, NY is $181,250, up 15.2% year-over-year. Homes sell in an average of 84 days with 10 active listings. The market is currently a leaning buyer's.

$181,250median sale price

Homes sold

2

Last 12 weeks

Days on market

84

Average pace

Active listings

10

5.0 months supply

Sale-to-list

98.7%

Below asking

Shelby, NY market data

Current housing market statistics for Shelby, NY
MetricValue
Median sale price$181,250
Median list price$109,450
Year-over-year price change+15.2%
Average days on market84 days
Active inventory10 listings
Months of supply5.0 months
Sale-to-list price ratio98.7%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Shelby housing market is currently classified as a leaning buyer's with a median sale price of $181,250. Prices have risen 15.2% compared to last year, with homes spending an average of 84 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Shelby

There are currently 10 homes listed for sale in Shelby, New York. The median listing price is $109K.

Active listings

10

Homes on market

Median list price

$109K

Avg. days on market

84

Days until sale

New this week

6

Newly listed

Price drops:10.0%of listings
Sale-to-list:98.7%

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Frequently asked questions

What is the average home price in Shelby?

The median home sale price in Shelby is $181,250, up 15.2% from last year.

How long do homes stay on market in Shelby?

Homes typically spend 84 days on market before going under contract.

Is Shelby a buyer's or seller's market?

With 5.0 months of supply, Shelby is currently a leaning buyer's.

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