$2,345 Closing Credit*
$197,500
3 Beds
•1 Full Bath
Gay Smith, Listing Office: Gay Smith/Associates
Is Shelby County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Shelby County has remained a Seller's Market.
Key Takeaway
Shelby County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shelby County, OH
How much do homes in Shelby County, OH cost?
Median Sold Price
$190,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,000(-9.5%)
Key Takeaway
Homes in Shelby County have sold for 9.5% less than they did a year ago.
Summary: The median home sold price in Shelby County was $190,000 in October 2024, down 9.5% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | - | N/A |
| 2 Bedrooms | $134.9K | $152K | +12.7% |
| 3 Bedrooms | $192.5K | $187K | -2.9% |
| 4 Bedrooms | $275.5K | $233.2K | -15.3% |
| 5+ Bedrooms | $400K | $222K | -44.5% |
Summary: Shelby County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.7%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes decreased by 44.5%.
Median Sold Price Compared To Nearby Counties
| Darke County | $164.4K | $178K | +8.3% |
| Miami County | $231.4K | $238.5K | +3.1% |
| Logan County | $237K | $240K | +1.3% |
| Shelby County | $210K | $190K | -9.5% |
Housing Supply in Shelby County, OH
How many homes are available in Shelby County, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 42 | -2.3% |
Summary: The Shelby County real estate market had 42 homes for sale in October 2024, a 2.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Shelby County 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 decreased by 20%, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 9 | -35.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Shelby County, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Shelby County in October 2024, down by 35.7% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Shelby County, OH
We’re sorry, we don't have information for this market at the moment
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved