Data as of April 2026. Source: Realtor.com.
The SHELBY, MS real estate market (38774) currently shows 3 active listings, with 1 pending sales. Homes are averaging 9 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 9 days on market compared to 19 days last year.
The median listing price has fallen 87.5% year-over-year, from $339,000 to $42,224.
Whether you are buying or selling in SHELBY, MS, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 1,809 · Density: 11.1/mi² · Median household income: $28,235
Typical home value: $82,635 · Homeownership: 57.4%
| 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 April 2026, there are 3 active listings in SHELBY, MS (zip code 38774), compared to 1 the prior year.
The median listing price in SHELBY, MS 38774 is $42,224 as of April 2026, a 87.5% decrease from $339,000 the prior year.
Homes in SHELBY, MS 38774 spend an average of 9 days on the market before going under contract, compared to 19 days the prior year.
Based on current inventory and days-on-market data as of April 2026, SHELBY, MS 38774 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 9 days on market compared to 19 days last year.
With SELL123.com's maximum 3% commission, sellers in SHELBY, MS 38774 save an estimated $844 compared to a typical 5% commission on the median listing price of $42,224. 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.