Housing Prices in Shelby, AL

How much do homes in Shelby, AL cost?

Median List Price

$489,900

$279/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

+$20,000(+4.3%)

Key Takeaway

The list price of homes in Shelby has increased by 4.3% since October.

Summary: The median home list price in Shelby was $489,900 in November 2024, up 4.3% from the previous month, and the median price per square foot was $279.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $349K-
N/A
3 $449.9K$469.9K
+4.4%
4 $527.5K-
N/A
5+ $712K$712K
0.0%

Summary: Shelby housing prices by bedroom type for November 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 increased by 4.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Shelby
+4.3%
Sylacauga
-2.4%
Weogufka-Marble Valley
-23.0%

Housing Supply in Shelby, AL

How many homes are available in Shelby, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
107-30.0%

Summary: The Shelby real estate market had 7 homes for sale in November 2024, a 30.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 76
-14.3%
4 10
-100.0%
5+ 11
0.0%

Summary: The Shelby housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 100%, 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

Oct 2024Nov 2024CHANGE
45 Days64 Days+40.7%

Summary: Homes in Shelby had an average listing age of 64 days in Nov 2024, up by 40.7% compared to the previous month.

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

Report Updated 17 Days Ago

Newest Listings in Shelby, AL

Nearby Markets to Shelby, AL

What housing markets are near Shelby, AL?