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Sarah Mitchell

CNESRESABR

Compass Real Estate · Shelton, WA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Shelton, WA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Shelton, WA Housing Market & Real Estate

Leaning buyer's-11.9% YoY

Housing market overview · Updated monthly ·

$365,500median sale price

How is the Shelton, WA housing market right now?

The median home sale price in Shelton, WA is $365,500, down 11.9% year-over-year. Homes sell in an average of 77 days with 34 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Leaning buyer's4.3 months of supply77 avg. days on market

Shelton, WA is currently a leaning buyer's, based on 4.3 months of supply and homes selling in about 77 days. How we determine this →

Homes sold

8

Last 12 weeks

Days on market

77

Average pace

Active listings

34

4.3 months supply

Sale-to-list

99.3%

Below asking

What does the Shelton housing market data show?

Current housing market statistics for Shelton, WA
MetricValue
Median sale price$365,500
Median list price$395,000
Year-over-year price change-11.9%
Average days on market77 days
Active inventory34 listings
Months of supply4.3 months
Sale-to-list price ratio99.3%
Median price per sq ft$246/sq ft
Homes sold (latest month)8
New listings (latest month)16
Listings with a price cut32.4%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Shelton by property type?

How the Shelton, WA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Shelton, WA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$365,500$246/sq ft877 days
Condo / Co-op$297,500$254/sq ft254 days
Townhouse$450,000$522/sq ft128 days

Source: Redfin · Updated monthly

The Shelton housing market is currently classified as a leaning buyer's with a median sale price of $365,500. Prices have fallen 11.9% compared to last year, with homes spending an average of 77 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.1x provides context for how home values compare to local earning capacity.

Homes for sale in Shelton

There are currently 34 homes listed for sale in Shelton, Washington. The median listing price is $395K.

Active listings

34

Homes on market

Median list price

$395K

Avg. days on market

77

Days until sale

New this week

16

Newly listed

Price drops:32.4%of listings
Sale-to-list:99.3%

Who lives in Shelton?

Population

10,619

Median income

$60,589/yr

Median age

31.6 years

Owner-occupied

52.9%

College grads

18.8%

Avg commute

27.1 min

Source: U.S. Census Bureau ACS

What are homes worth in Shelton?

Zillow home value

$428,810

Zillow rent index

$1,553/mo

Price-to-rent ratio

23.0x

Price-to-income

7.1x

Source: Zillow Research

What is it like to live in Shelton?

Shelton is a community of approximately 11K residents with a median age of 31.6 years.The median household income is $60,589, which represents a working-class community with solid middle-income opportunities. 18.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 52.9%, showing a blend of owner and renter-occupied properties. The average commute time is 27.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Shelton offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Shelton?

15 schools tracked · 5,816 students

The largest public schools serving Shelton, WA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Shelton High School

Grades 9-12 · 1,493 students

Public

Mountain View Elementary

Grades PK-4 · 647 students

Public

Olympic Middle School

Grades 5-6 · 595 students

Public

Oakland Bay Junior High School

Grades 7-8 · 550 students

Public

Bordeaux Elementary School

Grades K-4 · 514 students

Public

Pioneer Elementary School

Grades PK-5 · 492 students

Public

Evergreen Elementary School

Grades PK-4 · 438 students

Public

Hood Canal Elementary School

Grades PK-8 · 334 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Shelton, WA?

Want a head-to-head view? Compare Shelton side-by-side with any other U.S. city using our market-comparison tool.

Is Shelton a good real estate investment market?

For investors evaluating Shelton, the price-to-rent ratio of 23.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 11.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Shelton's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Shelton's median home price.

Frequently asked questions

What is the average home price in Shelton?

The median home sale price in Shelton is $365,500, down 11.9% from last year.

How long do homes stay on market in Shelton?

Homes typically spend 77 days on market before going under contract.

What is the median income in Shelton?

The median household income is $60,589 per year.

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

With 4.3 months of supply, Shelton is currently a leaning buyer's.

What is the Zillow home value estimate for Shelton?

The Zillow Home Value Index (ZHVI) for Shelton is $428,810, representing the typical home value in the area.

What is the median condo price in Shelton?

The median condo/co-op sale price in Shelton, WA is $297,500, compared to $365,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Shelton?

The median single-family home price in Shelton, WA is $365,500 (about $246 per square foot).

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