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City / Town Overview

Shelby, MI

Aggregate real estate market report across all ZIPs in scope
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Shelby, MI real estate market currently shows 27 active listings, with 9 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 31 days on market compared to 103 days last year.

The median listing price has fallen 1.2% year-over-year, from $245,475 to $242,450.

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Market Context

Market Context

Population: 5,149  ·  Density: 23.4/mi²  ·  Median household income: $57,857

Typical home value: $130,902  ·  Homeownership: 80.3%

Included Areas

Shelby: 49455

Area Map

Market Overview

Active Listings
27
⇩ 30.8% vs 39 last year
Pending
9
33% pending ratio
Median Price
$242,450
⇩ 1.2% vs $245,475 last year
Average Price
$291,310
⇩ 20.3% vs $365,688 last year
Days on Market
31
⇩ 69.9% vs 103 days last year

Price Per Square Foot

Median $/sqft
$157
⇩ 2.5% vs $161/sqft last year
Median Home Size
1,397 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %