Shelby Charter Township Market Report
$546,570
AVERAGE PRICE OF 217 HOMES$549,008
AVERAGE PRICE OF 216 DISTRESSED HOMES$1,294,419
AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES$842,121
AVERAGE PRICE OF 71 NEWLY BUILT HOMES$364,550
AVERAGE PRICE OF 10 HOMES WITH A POOL$467,940
AVERAGE PRICE OF 5 REDUCED PRICE HOMESAverage Home
| Average Price | $546,570 |
| Avg Bedrooms | 2.91 beds |
| Avg Bathrooms | 2.63 baths |
Average Price by Bedrooms
| 1 bedroom | $259,000 |
| 2 bedrooms | $293,369 |
| 3 bedrooms | $479,619 |
| 4 bedrooms | $809,264 |
| 5 bedrooms | $404,725 |
Shelby Charter Township Home Price Trends
| 12/2024 | 11/2024 | 10/2024 | 9/2024 | 8/2024 | |
|---|---|---|---|---|---|
| Total Listings | 257 | 290 | 305 | 295 | 292 |
| Average Price | $570,200 | $555,737 | $534,837 | $535,478 | $554,874 |
| Avg Price Change | +2.60% | +3.91% | -0.12% | -3.62% | -4.51% |
| Median Price | $514,450 | $505,170 | $482,663 | $465,943 | $499,150 |
| Med Price Change | +1.84% | +4.66% | +3.59% | -7.13% | +1.43% |
| Avg Bedrooms | 3.04 beds | 3.06 beds | 3.07 beds | 3.01 beds | 3.02 beds |
| Avg Bathrooms | 2.79 baths | 2.83 baths | 2.8 baths | 2.73 baths | 2.81 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 217 | $546,570 | 106 days |
| Distressed Homes | 216 | $549,008 | 107 days |
| Multi-Million Dollar Homes | 16 | $1,294,419 | 187 days |
| Newly Built Homes | 71 | $842,121 | 167 days |
| Homes with a Pool | 10 | $364,550 | 84 days |
| Reduced Price Homes | 5 | $467,940 | 97 days |
