Shelby Twp Market Report
$539,091
AVERAGE PRICE OF 264 HOMES$289,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,183,292
AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES$765,695
AVERAGE PRICE OF 101 NEWLY BUILT HOMES$309,077
AVERAGE PRICE OF 9 HOMES WITH A POOL$402,724
AVERAGE PRICE OF 12 REDUCED PRICE HOMESAverage Home
| Average Price | $539,091 |
| Avg Bedrooms | 3.38 beds |
| Avg Bathrooms | 2.4 baths |
Average Price by Bedrooms
| 2 bedrooms | $303,834 |
| 3 bedrooms | $432,850 |
| 4 bedrooms | $700,136 |
| 5 bedrooms | $666,978 |
Shelby Twp Home Price Trends
| 8/2023 | 7/2023 | 6/2023 | 5/2023 | 4/2023 | |
|---|---|---|---|---|---|
| Total Listings | 282 | 273 | 263 | 251 | 229 |
| Average Price | $554,530 | $547,958 | $552,673 | $552,221 | $556,325 |
| Avg Price Change | +1.20% | -0.86% | +0.08% | -0.74% | +3.46% |
| Median Price | $524,372 | $527,266 | $537,506 | $525,704 | $551,407 |
| Med Price Change | -0.55% | -1.94% | +2.24% | -4.89% | +0.26% |
| Avg Bedrooms | 3.4 beds | 3.4 beds | 3.36 beds | 3.37 beds | 3.39 beds |
| Avg Bathrooms | 2.47 baths | 2.43 baths | 2.42 baths | 2.39 baths | 2.38 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 264 | $539,091 | 116 days |
| Distressed Homes | 1 | $289,000 | 161 days |
| Multi-Million Dollar Homes | 13 | $1,183,292 | 193 days |
| Newly Built Homes | 101 | $765,695 | 204 days |
| Homes with a Pool | 9 | $309,077 | 49 days |
| Reduced Price Homes | 12 | $402,724 | 34 days |
