Housing Prices in Shelby, AL

How much do homes in Shelby, AL cost?

Median List Price

$449,900

$279/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$77,100(-14.6%)

Key Takeaway

The list price of homes in Shelby has decreased by 14.6% since September.

Summary: The median home list price in Shelby was $449,900 in October 2024, down 14.6% from the previous month, and the median price per square foot was $279.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $349K$349K
0.0%
3 $463K$432.4K
-6.6%
4 $527.5K$527.5K
0.0%
5+ $762K$762K
0.0%

Summary: Shelby housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Weogufka-Marble Valley
+44.7%
Sylacauga
-5.8%
Shelby
-14.6%

Housing Supply in Shelby, AL

How many homes are available in Shelby, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
59+80.0%

Summary: The Shelby real estate market had 9 homes for sale in October 2024, a 80.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 26
+200.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Shelby housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Shelby, AL

How long does it take to sell a home in Shelby, AL?

Average Listing Age

Sep 2024Oct 2024CHANGE
58 Days43 Days-24.8%

Summary: Homes in Shelby had an average listing age of 43 days in Oct 2024, down by 24.8% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Shelby, AL

Nearby Markets to Shelby, AL

What housing markets are near Shelby, AL?