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SHELBY, OH 44875

Real Estate Market Report  ·  Richland County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SHELBY, OH real estate market (44875) currently shows 37 active listings, with 19 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 50 days on market compared to 48 days last year.

The median listing price has risen 32.8% year-over-year, from $177,000 to $235,000.

Whether you are buying or selling in SHELBY, OH, 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.

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Market Context

Market Context

Population: 13,835  ·  Density: 65.5/mi²  ·  Median household income: $62,327

Typical home value: $137,754  ·  Homeownership: 73.8%

Market Overview

Active Listings
37
⇧ 2.8% vs 36 last year
Pending
19
51% pending ratio
Median Price
$235,000
⇧ 32.8% vs $177,000 last year
Average Price
$238,173
⇧ 4.6% vs $227,607 last year
Days on Market
50
⇧ 4.2% vs 48 days last year

Price Per Square Foot

Median $/sqft
$128
⇧ 2.4% vs $125/sqft last year
Median Home Size
1,610 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 36 last year
  • Days on market: 50 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $235,000 (+32.8% YoY)
  • Average: $238,173 (+4.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.7 miles — 263 listings ($74,260,917 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
44875Shelby, OH 448750.0 mi35$9,529,310$245,700$272,266
44865Plymouth, OH 448657.5 mi6$1,696,350$243,450$282,725
44878Shiloh, OH 448788.1 mi6$759,858$94,900$126,643
44903Mansfield, OH 449039.9 mi70$20,681,710$214,550$295,453
44854New Washington, OH 4485411.7 mi4$748,400$187,100$187,100
44837Greenwich, OH 4483712.5 mi12$2,423,004$219,950$201,917
44890Willard, OH 4489013.9 mi21$5,367,264$209,675$255,584
44904Mansfield, OH 4490415.4 mi36$12,896,388$317,400$358,233
44874Savannah, OH 4487415.8 mi1$260,000$260,000$260,000
44805Ashland, OH 4480517.2 mi56$14,948,472$225,999$266,937
44843Lucas, OH 4484318.6 mi4$614,768$160,775$153,692
44818Bloomville, OH 4481819.8 mi1$244,900$244,900$244,900
44813Bellville, OH 4481320.7 mi11$4,090,493$336,950$371,863

Frequently Asked Questions

How many homes are for sale in SHELBY, OH 44875?

As of March 2026, there are 37 active listings in SHELBY, OH (zip code 44875), compared to 36 the prior year.

What is the median home price in SHELBY, OH 44875?

The median listing price in SHELBY, OH 44875 is $235,000 as of March 2026, a 32.8% increase from $177,000 the prior year.

How long do homes stay on the market in SHELBY, OH?

Homes in SHELBY, OH 44875 spend an average of 50 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in SHELBY, OH 44875?

Based on current inventory and days-on-market data as of March 2026, SHELBY, OH 44875 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 50 days on market compared to 48 days last year.

How much can I save on real estate commission in SHELBY, OH?

With SELL123.com's maximum 3% commission, sellers in SHELBY, OH 44875 save an estimated $4,700 compared to a typical 5% commission on the median listing price of $235,000. 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.