Shelby, NC

Buyer's market+16.7% YoY

Housing market overview · Updated weekly

$279,000median sale price

Homes sold

17

Last 12 weeks

Days on market

101

Average pace

Active listings

173

10.2 months supply

Sale-to-list

97.3%

Below asking

The Shelby housing market is currently classified as a buyer's market with a median sale price of $279,000. Prices have risen 16.7% compared to last year, with homes spending an average of 101 days on market, indicating 10.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Shelby

There are currently 173 homes listed for sale in Shelby, North Carolina. The median listing price is $285K.

Active listings

173

Homes on market

Median list price

$285K

Avg. days on market

101

Days until sale

New this week

46

Newly listed

Price drops:28.3%of listings
Sale-to-list:97.3%

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Frequently asked questions

What is the average home price in Shelby?

The median home sale price in Shelby is $279,000, up 16.7% from last year.

How long do homes stay on market in Shelby?

Homes typically spend 101 days on market before going under contract.

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

With 10.2 months of supply, Shelby is currently a buyer's market.

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