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Shelby Town Center (Town Center) Stony Lake

SHELBY, MI 49455

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

Neighborhoods in ZIP 49455

Shelby Town Center (Town Center) · Stony Lake

Market Analysis

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

The SHELBY, MI real estate market (49455) currently shows 28 active listings, with 13 pending sales. Homes are averaging 173 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 173 days on market compared to 152 days last year.

The median listing price has fallen 1.9% year-over-year, from $224,000 to $219,750.

Whether you are buying or selling in SHELBY, 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: 5,149  ·  Density: 23.4/mi²  ·  Median household income: $57,857

Typical home value: $130,902  ·  Homeownership: 80.3%

Market Overview

Active Listings
28
⇧ 21.7% vs 23 last year
Pending
13
46% pending ratio
Median Price
$219,750
⇩ 1.9% vs $224,000 last year
Average Price
$256,534
⇩ 15.1% vs $302,059 last year
Days on Market
173
⇧ 13.8% vs 152 days last year

Price Per Square Foot

Median $/sqft
$163
⇧ 5.2% vs $155/sqft last year
Median Home Size
1,329 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 28 this year vs 23 last year
  • Days on market: 173 now vs 152 last year

Median & Average Pricing

Year over Year
  • Median: $219,750 (-1.9% YoY)
  • Average: $256,534 (-15.1% 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 31.1 miles — 491 listings ($183,077,901 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49455Shelby, MI 494550.0 mi25$6,308,375$214,000$252,335
49436Mears, MI 494366.8 mi18$15,499,044$367,475$861,058
49420Hart, MI 494208.7 mi20$5,770,560$234,750$288,528
49449Pentwater, MI 4944913.1 mi12$6,721,380$412,000$560,115
49459Walkerville, MI 4945915.6 mi7$2,995,755$266,200$427,965
49425Holton, MI 4942517.8 mi5$1,674,500$334,900$334,900
49445Muskegon, MI 4944522.1 mi60$23,421,780$304,425$390,363
49412Fremont, MI 4941223.2 mi29$10,456,936$311,000$360,584
49431Ludington, MI 4943125.1 mi47$19,933,875$363,000$424,125
49309Bitely, MI 4930926.5 mi9$2,906,757$340,000$322,973
49402Branch, MI 4940228.4 mi5$2,744,875$611,750$548,975
49441Muskegon, MI 4944129.6 mi143$64,904,268$312,450$453,876
49444Muskegon, MI 4944431.1 mi111$19,739,796$126,225$177,836

Frequently Asked Questions

How many homes are for sale in SHELBY, MI 49455?

As of March 2026, there are 28 active listings in SHELBY, MI (zip code 49455), compared to 23 the prior year.

What is the median home price in SHELBY, MI 49455?

The median listing price in SHELBY, MI 49455 is $219,750 as of March 2026, a 1.9% decrease from $224,000 the prior year.

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

Homes in SHELBY, MI 49455 spend an average of 173 days on the market before going under contract, compared to 152 days the prior year.

Is it a seller's or buyer's market in SHELBY, MI 49455?

Based on current inventory and days-on-market data as of March 2026, SHELBY, MI 49455 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 173 days on market compared to 152 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SHELBY, MI 49455 save an estimated $4,395 compared to a typical 5% commission on the median listing price of $219,750. 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.