Data as of September 2026. Source: Realtor.com.
The SHELBY, MS real estate market (38774) currently shows 2 active listings. Homes are averaging 108 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 108 days on market compared to 39 days last year.
The median listing price has fallen 81.5% year-over-year, from $102,500 to $19,000.
Population: 1,809 · Density: 11.1/mi² · Median household income: $28,235
Typical home value: $82,635 · Homeownership: 57.4%
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38774 | Shelby, MS 38774 | 0.0 mi | 1 | $78,000 | $78,000 | $78,000 |
| 38759 | Merigold, MS 38759 | 9.9 mi | 5 | $1,414,900 | $225,000 | $282,980 |
| 38732 | Cleveland, MS 38732 | 14.7 mi | 49 | $11,077,822 | $179,500 | $226,078 |
| 38614 | Clarksdale, MS 38614 | 16.2 mi | 42 | $7,382,256 | $148,750 | $175,768 |
| 38730 | Boyle, MS 38730 | 19.3 mi | 5 | $1,442,395 | $375,000 | $288,479 |
| 38771 | Ruleville, MS 38771 | 21.0 mi | 8 | $910,920 | $108,250 | $113,865 |
| 38773 | Shaw, MS 38773 | 25.0 mi | 4 | $1,805,000 | $451,250 | $451,250 |
| 38725 | Benoit, MS 38725 | 28.1 mi | 2 | $268,000 | $134,000 | $134,000 |
| 38772 | Scott, MS 38772 | 33.4 mi | 1 | $270,000 | $270,000 | $270,000 |
| 38952 | Schlater, MS 38952 | 33.9 mi | 2 | $40,000 | $20,000 | $20,000 |
| 72140 | Saint Charles, AR 72140 | 35.1 mi | 1 | $135,500 | $135,500 | $135,500 |
| 38921 | Charleston, MS 38921 | 35.8 mi | 5 | $707,250 | $141,450 | $141,450 |
| 72042 | De Witt, AR 72042 | 37.7 mi | 39 | $5,645,796 | $121,400 | $144,764 |
As of September 2026, there are 2 active listings in SHELBY, MS (zip code 38774), compared to 2 the prior year.
The median listing price in SHELBY, MS 38774 is $19,000 as of September 2026, a 81.5% decrease from $102,500 the prior year.
Homes in SHELBY, MS 38774 spend an average of 108 days on the market before going under contract, compared to 39 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SHELBY, MS 38774 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 108 days on market compared to 39 days last year.
With SELL123.com's maximum 3% commission, sellers in SHELBY, MS 38774 save an estimated $380 compared to a typical 5% commission on the median listing price of $19,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.