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SHELBYVILLE, MI 49344

Real Estate Market Report  ·  Allegan County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
5
⇩ 61.5% vs 13 last year
Pending
2
40% pending ratio
Median Price
$294,900
⇩ 6.4% vs $315,000 last year
Average Price
$293,700
⇩ 13.6% vs $340,065 last year
Days on Market
101
⇧ 77.2% vs 57 days last year

Market Context

Population: 3,896  ·  Density: 48.5/mi²  ·  Median household income: $79,779

Typical home value: $264,262  ·  Homeownership: 88.4%

Market Analysis

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

The SHELBYVILLE, MI real estate market (49344) currently shows 5 active listings, with 2 pending sales. Homes are averaging 101 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 101 days on market compared to 57 days last year.

The median listing price has fallen 6.4% year-over-year, from $315,000 to $294,900.

Whether you are buying or selling in SHELBYVILLE, MI, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 13 last year
  • Days on market: 101 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $294,900 (-6.4% YoY)
  • Average: $293,700 (-13.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.2 miles — 478 listings ($211,550,567 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49344Shelbyville, MI 493440.0 mi5$1,468,500$294,900$293,700
49348Wayland, MI 493486.5 mi25$12,231,425$399,950$489,257
49080Plainwell, MI 490809.1 mi36$14,880,636$364,450$413,351
49046Delton, MI 4904611.0 mi19$9,292,539$349,900$489,081
49323Dorr, MI 4932313.6 mi6$4,762,680$599,999$793,780
49010Allegan, MI 4901014.9 mi43$21,288,225$357,500$495,075
49058Hastings, MI 4905815.4 mi44$14,546,708$297,500$330,607
49315Byron Center, MI 4931516.2 mi75$43,666,500$539,015$582,220
49004Kalamazoo, MI 4900416.9 mi40$11,016,920$239,950$275,423
49325Freeport, MI 4932518.8 mi4$1,420,000$355,000$355,000
49548Grand Rapids, MI 4954819.4 mi45$11,301,750$249,900$251,150
49007Kalamazoo, MI 4900720.0 mi28$5,264,560$159,900$188,020
49009Kalamazoo, MI 4900920.2 mi108$60,410,124$499,000$559,353

Frequently Asked Questions

How many homes are for sale in SHELBYVILLE, MI 49344?

As of January 2026, there are 5 active listings in SHELBYVILLE, MI (zip code 49344), compared to 13 the prior year.

What is the median home price in SHELBYVILLE, MI 49344?

The median listing price in SHELBYVILLE, MI 49344 is $294,900 as of January 2026, a 6.4% decrease from $315,000 the prior year.

How long do homes stay on the market in SHELBYVILLE, MI?

Homes in SHELBYVILLE, MI 49344 spend an average of 101 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in SHELBYVILLE, MI 49344?

Based on current inventory and days-on-market data as of January 2026, SHELBYVILLE, MI 49344 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 101 days on market compared to 57 days last year.

How much can I save on real estate commission in SHELBYVILLE, MI?

With SELL123.com's maximum 3% commission, sellers in SHELBYVILLE, MI 49344 save an estimated $5,898 compared to a typical 5% commission on the median listing price of $294,900. 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.