Shelby, NC Home Values & Market Trends
Real estate market trends reflect that there have been 931 transactions over the past year in Shelby. The median value for residential home transactions that occurred over the previous year is $213,316.5. The number of current listings in Shelby is 111, and the percentage of properties for sale in the city is 111.00%. Shelby, NC currently has 33 properties in foreclosure, 4 bank owned properties, 11 properties headed for auction, and 111 properties for sale.
Shelby, NC Real Estate Market Overview
Housing Market Summary for Shelby, NC
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $235K | $200.5K | -14.68% |
Median Sold Price | $190.9K | $200.5K | 5.03% |
Homes For Sale | 95 | 118 | 24.21% |
Homes Sold | 595 | 455 | -23.53% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Shelby, NC
Browse Homes in Shelby, NC
Shelby home values range from $21,233 to $40,982,630. The median estimated value of a home in Shelby is $213,316.5. The median list price of a home is 245,000, and the total count of properties in the city is 19,428.
- Pre-ForeclosurePre-foreclosure homes account for 0.09% of all residential properties in Shelby, NC with 28150 containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Shelby, NC; of those zips, the estimated home value for pre-foreclosure homes ranges from $296,567 in 28152 to the lowest home value of $90,609 in 28150.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Shelby, NC ranges from the highest value of $396,700 in 28150 to the lowest value of $102,657 in 28152. Bank owned homes and properties account for 0.02% of properties in Shelby, NC. There are 2 zips within Shelby, NC; 28150 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions28150 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Shelby, NC. Auction homes and other auction properties account for 0.06% of all properties in Shelby, NC. There are 2 zips within Shelby, NC; of those zips, the median estimated home value for homes going to auction ranges from $431,273 in 28152 to the lowest value of $57,326 in 28152.
Compare Nearby Cities
More Real Estate Resources for Shelby, NC
Guide for Shelby, NC
North Carolina Foreclosure Laws
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