Shelby, AL Home Values & Market Trends

Real estate market trends reflect that there have been 55 transactions over the past year in Shelby. The median value for residential home transactions that occurred over the previous year is $364,307.54. The number of current listings in Shelby is 5, and the percentage of properties for sale in the city is 5.00%. Shelby, AL currently has 1 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 5 properties for sale.

Shelby, AL Real Estate Market Overview

ZipMedian Est. Value
35143

$ 442,615

$ 293/sqft

Housing Market Summary for Shelby, AL

Apr 2023March 2024Change
Median Listing Price$429.9K$339K-21.14%
Median Sold Price$403K$339K-15.88%
Homes For Sale75-28.57%
Homes Sold273218.52%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Shelby, AL

Shelby home values range from $25,080 to $3,235,607. The median estimated value of a home in Shelby is $364,307.54. The median list price of a home is 464,900, and the total count of properties in the city is 1,398.

Foreclosure
There is 1 zips within Shelby, AL; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in 35143 to the lowest value of $0 in 35143. Foreclosure homes account for 0.00% of properties in Shelby, AL with 35143 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Shelby, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Shelby, AL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Shelby, AL ranges from the highest value of $0 in 35143 to the lowest value of $0 in 35143. Bank owned homes and properties account for 0.07% of properties in Shelby, AL. There is 1 zips within Shelby, AL; 35143 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Shelby, AL. Auction homes and other auction properties account for 0% of all properties in Shelby, AL. There is 1 zips within Shelby, AL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.36% of residential properties in Shelby, AL with 35143 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Shelby, AL; homes for sale in that zips, have a range of median values from $955,842 in 35143 to the lowest value of $342,050 in 35143.
    Sold Homes
    The median value for recently sold homes ranges from $800,000 in 35143 to the lowest price of $58,476 in 35143. There is 1 zips within Shelby, AL. 35143 has 26 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.86% of properties in Shelby, AL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Shelby, AL
      $
      $

      Guide for Shelby, AL

      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes Shelby, AL

      No data to show