Houses For Sale in Shelby, MI

Sold By Stevo
Shelby, MI 49455
Market Overview
Market Balance
Balanced
Buyer's
Seller's
Shelby is currently a
Buyer's Market

In a buyer’s market, there is an overabundance of homes for sale compared to the demand. Buyers have the advantage because sellers will be motivated to negotiate price and terns in order to sell their property.

Area Demographics
Demographic Icon
Total Population
2220
Demographic Icon
Population Density
1,307
/sq mi.
Demographic Icon
Median YEARLY income
$20,815
Demographic Icon
MEDIAN AGE
32
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COLLEGE EDUCATED
17%
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Owner/renter divide
56% / 44%
Listing Stats
Average List Price
+6.2%
Since last Year
2016 2016 2016.5 2016.5 2017 2017 2017.5 2017.5 2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 0 0 200,000 200,000
Number of New Homes on Market
+300.0%
Since last Year
2016 2016 2016.5 2016.5 2017 2017 2017.5 2017.5 2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 0.0 0.0
Average Sale Price
+50.2%
Since last Year
2016 2016 2016.5 2016.5 2017 2017 2017.5 2017.5 2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 0 0 200,000 200,000
Number of Sold Homes
+100.0%
Since last Year
2016 2016 2016.5 2016.5 2017 2017 2017.5 2017.5 2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 0.0 0.0
Distribution of Listing Price
$0 - $149K $0 - $149K $150K - $299K $150K - $299K $300K - $499K $300K - $499K $500K - $749K $500K - $749K $750K - $999K $750K - $999K $1M+ $1M+ 0.0 0.0
Schools