Shelby County, AL Home Values & Market Trends

The median home price in Shelby County, AL is $337,496.57. There were 3,535 home sales in Shelby County, AL over the past 12 months. The median residential Shelby County, AL home value for transactions over the previous year is $297,982.042. The number of current listings in Shelby County, AL is 477, and the percentage of properties for sale is 477.00%. The county has 49 foreclosures, 20 bank owned properties, 29 headed for auction, and 477 properties for sale.

Shelby County, AL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Birmingham

$ 170,203

$ 128/sqft

Montevallo

$ 260,000

$ 154/sqft

Pelham

$ 329,900

$ 171/sqft

Columbiana

$ 434,699

$ 155/sqft

Alabaster

$ 307,080

$ 160/sqft

Vincent

$ 528,750

$ 268/sqft

Calera

$ 247,900

$ 163/sqft

Shelby

$ 465,500

$ 270/sqft

Helena

$ 347,836

$ 183/sqft

Harpersville

$ 238,346

$ 124/sqft

Chelsea

$ 379,601

$ 183/sqft

Vandiver

$ --

$ --

Sterrett

$ 299,999

$ 177/sqft

Saginaw

$ --

$ --

Wilsonville

$ 534,993

$ 186/sqft

Housing Market Summary for Shelby County, AL

Apr 2023March 2024Change
Median Listing Price$343.1K$315K-8.18%
Median Sold Price$307.7K$315K2.37%
Homes For Sale4284443.74%
Homes Sold1,7031,699-0.23%
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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%.

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Browse Homes in Shelby County, AL

Shelby County, AL home values range from $21,556 to $10,318,929. Vincent is the priciest city with a median listing home price of $560,000, and Birmingham is most affordable with average house prices of around $185,000.

Foreclosure
There are 15 cities within Shelby County, AL; within these cities, the median estimated home value for homes in foreclosure ranges from $807,021 in Birmingham to the lowest value of $26,415 in Birmingham. Foreclosure homes account for 0.00% of properties in Shelby County, AL with Birmingham containing 181 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Shelby County, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 15 cities within Shelby County, AL; of those cities, 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 County, AL ranges from the highest value of $488,211 in Helena to the lowest value of $29,208 in Birmingham. Bank owned homes and properties account for 0.03% of properties in Shelby County, AL. There are 15 cities within Shelby County, AL; Birmingham containing 58 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Birmingham has 123 auction properties, the highest number of properties going to auction in a single city in the state of Shelby County, AL. Auction homes and other auction properties account for 0.04% of all properties in Shelby County, AL. There are 15 cities within Shelby County, AL; of those cities, the median estimated home value for homes going to auction ranges from $467,973 in Chelsea to the lowest value of $26,415 in Chelsea.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.63% of residential properties in Shelby County, AL with Birmingham containing 697 homes for sale, the highest number of listed properties in a single city. There are 15 cities within Shelby County, AL; homes for sale in those cities, have a range of median values from $955,842 in Shelby to the lowest value of $16,939 in Birmingham.
    Sold Homes
    The median value for recently sold homes ranges from $1,909,755 in Columbiana to the lowest price of $14,228 in Columbiana. There are 15 cities within Shelby County, AL. Birmingham has 2775 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.36% of properties in Shelby County, AL.

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      Guide for Shelby County, AL

      Market Reports
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
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      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.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      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 […]

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?