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SHELBYVILLE, MI 49344

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

Market Analysis

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

The SHELBYVILLE, MI real estate market (49344) currently shows 14 active listings, with 6 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 34 days on market compared to 24 days last year.

The median listing price has risen 58.8% year-over-year, from $376,000 to $596,975.

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 Context

Market Context

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

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

Market Overview

Active Listings
14
vs 14 last year
Pending
6
43% pending ratio
Median Price
$596,975
⇧ 58.8% vs $376,000 last year
Average Price
$589,819
⇧ 37.8% vs $428,015 last year
Days on Market
34
⇧ 41.7% vs 24 days last year

Price Per Square Foot

Median $/sqft
$438
⇧ 70.4% vs $257/sqft last year
Median Home Size
1,393 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 34 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $596,975 (+58.8% YoY)
  • Average: $589,819 (+37.8% 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 20.4 miles — 411 listings ($197,598,132 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49344Shelbyville, MI 493440.0 mi2$596,000$298,000$298,000
49348Wayland, MI 493486.5 mi23$10,936,799$372,450$475,513
49080Plainwell, MI 490809.1 mi37$16,084,418$402,250$434,714
49046Delton, MI 4904611.0 mi21$9,901,353$349,900$471,493
49323Dorr, MI 4932313.6 mi9$6,402,942$569,900$711,438
49010Allegan, MI 4901014.9 mi45$22,759,065$356,250$505,757
49058Hastings, MI 4905815.4 mi46$14,876,492$283,650$323,402
49315Byron Center, MI 4931516.2 mi75$44,039,025$542,370$587,187
49302Alto, MI 4930218.7 mi23$20,612,853$678,675$896,211
49050Dowling, MI 4905019.0 mi6$3,415,200$569,200$569,200
49508Grand Rapids, MI 4950819.6 mi55$18,353,610$357,400$333,702
49512Grand Rapids, MI 4951220.2 mi56$20,418,104$348,652$364,609
49055Gobles, MI 4905520.4 mi13$9,202,271$364,950$707,867

Frequently Asked Questions

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

As of June 2026, there are 14 active listings in SHELBYVILLE, MI (zip code 49344), compared to 14 the prior year.

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

The median listing price in SHELBYVILLE, MI 49344 is $596,975 as of June 2026, a 58.8% increase from $376,000 the prior year.

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

Homes in SHELBYVILLE, MI 49344 spend an average of 34 days on the market before going under contract, compared to 24 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 June 2026, SHELBYVILLE, MI 49344 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 34 days on market compared to 24 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 $11,940 compared to a typical 5% commission on the median listing price of $596,975. 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.