Shelby Charter Township Market Report
$546,085
AVERAGE PRICE OF 290 HOMES$547,235
AVERAGE PRICE OF 284 DISTRESSED HOMES$1,540,423
AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES$805,626
AVERAGE PRICE OF 87 NEWLY BUILT HOMES$474,640
AVERAGE PRICE OF 22 HOMES WITH A POOL$539,943
AVERAGE PRICE OF 16 REDUCED PRICE HOMESAverage Home
| Average Price | $546,085 |
| Avg Bedrooms | 3.02 beds |
| Avg Bathrooms | 2.75 baths |
Average Price by Bedrooms
| 1 bedroom | $259,900 |
| 2 bedrooms | $317,942 |
| 3 bedrooms | $449,002 |
| 4 bedrooms | $730,426 |
| 5 bedrooms | $490,780 |
Shelby Charter Township Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 292 | 288 | 277 | 273 | n/a |
| Average Price | $554,874 | $579,913 | $613,692 | $602,937 | n/a |
| Avg Price Change | -4.51% | -5.82% | +1.78% | n/a | n/a |
| Median Price | $499,150 | $492,099 | $510,666 | $499,999 | n/a |
| Med Price Change | +1.43% | -3.77% | +2.13% | n/a | n/a |
| Avg Bedrooms | 3.02 beds | 3.05 beds | 3.12 beds | 3.07 beds | n/a |
| Avg Bathrooms | 2.81 baths | 2.84 baths | 2.83 baths | 2.79 baths | n/a |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 290 | $546,085 | 59 days |
| Distressed Homes | 284 | $547,235 | 60 days |
| Multi-Million Dollar Homes | 13 | $1,540,423 | 114 days |
| Newly Built Homes | 87 | $805,626 | 91 days |
| Homes with a Pool | 22 | $474,640 | 40 days |
| Reduced Price Homes | 16 | $539,943 | 38 days |
