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SHELBY, MT 59474

Real Estate Market Report  ·  Toole County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
21
⇧ 162.5% vs 8 last year
Pending
1
5% pending ratio
Median Price
$199,999
⇩ 10.8% vs $224,250 last year
Average Price
$217,665
⇩ 11.8% vs $246,750 last year
Days on Market
131
⇧ 95.5% vs 67 days last year

Market Context

Population: 3,331  ·  Density: 2.3/mi²  ·  Median household income: $51,531

Typical home value: $164,328  ·  Homeownership: 66.0%

Market Analysis

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

The SHELBY, MT real estate market (59474) currently shows 21 active listings, with 1 pending sales. Homes are averaging 131 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 131 days on market compared to 67 days last year.

The median listing price has fallen 10.8% year-over-year, from $224,250 to $199,999.

Whether you are buying or selling in SHELBY, MT, 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: 21 this year vs 8 last year
  • Days on market: 131 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $199,999 (-10.8% YoY)
  • Average: $217,665 (-11.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 78.3 miles — 192 listings ($89,138,138 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
59474Shelby, MT 594740.0 mi21$4,570,965$199,999$217,665
59461Lothair, MT 5946122.8 mi1$325,000$325,000$325,000
59425Conrad, MT 5942525.6 mi16$4,686,832$299,900$292,927
59522Chester, MT 5952232.3 mi5$784,500$169,000$156,900
59416Brady, MT 5941634.9 mi1$256,000$256,000$256,000
59531Joplin, MT 5953144.6 mi1$140,000$140,000$140,000
59540Rudyard, MT 5954051.8 mi2$224,900$112,450$112,450
59422Choteau, MT 5942260.3 mi14$5,964,784$320,000$426,056
59404Great Falls, MT 5940464.3 mi113$64,709,676$490,000$572,652
59436Fairfield, MT 5943666.2 mi7$4,213,531$595,000$601,933
59414Black Eagle, MT 5941472.2 mi3$1,087,200$362,400$362,400
59483Sun River, MT 5948373.3 mi3$885,000$295,000$295,000
59450Highwood, MT 5945078.3 mi5$1,289,750$298,850$257,950

Frequently Asked Questions

How many homes are for sale in SHELBY, MT 59474?

As of January 2026, there are 21 active listings in SHELBY, MT (zip code 59474), compared to 8 the prior year.

What is the median home price in SHELBY, MT 59474?

The median listing price in SHELBY, MT 59474 is $199,999 as of January 2026, a 10.8% decrease from $224,250 the prior year.

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

Homes in SHELBY, MT 59474 spend an average of 131 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in SHELBY, MT 59474?

Based on current inventory and days-on-market data as of January 2026, SHELBY, MT 59474 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 131 days on market compared to 67 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SHELBY, MT 59474 save an estimated $4,000 compared to a typical 5% commission on the median listing price of $199,999. 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.