April 2024

Shelby Housing Market Report Shelby County, Alabama

Report Updated 3 Days Ago

Housing Prices in Shelby, AL

How much do homes in Shelby, AL cost?

Median List Price

$457,450

$228/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

+$7,550(+1.7%)

Key Takeaway

The list price of homes in Shelby has increased by 1.7% since March.

Summary: The median home list price in Shelby was $457,450 in April 2024, up 1.7% from the previous month, and the median price per square foot was $228.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$311.9K	$311.9K	0.0%
3 Bedrooms	$457.4K	$449.9K	-1.7%
4 Bedrooms	$630K	$690K	+9.5%
5+ Bedrooms	-	$1.2M	N/A

Summary: Shelby housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

CITY	Mar 2024	Apr 2024	CHANGE
Shelby	$449.9K	$457.4K	+1.7%
Sylacauga	$228K	$228.5K	0.2%
Weogufka-Marble Valley	$469.9K	$464.9K	-1.1%

Housing Supply in Shelby, AL

How many homes are available in Shelby, AL?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
5	8	+60.0%

Summary: The Shelby real estate market had 8 homes for sale in April 2024, a 60.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	2	2	0.0%
3 Bedrooms	2	3	+50.0%
4 Bedrooms	1	2	+100.0%
5+ Bedrooms	0	1	+100.0%

Summary: The Shelby housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Days on Market for Shelby, AL

How long does it take to sell a home in Shelby, AL?

Average Listing Age

Mar 2024	Apr 2024	CHANGE
102 Days	83 Days	-18.7%

Summary: Homes in Shelby had an average listing age of 83 days in Apr 2024, down by 18.7% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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Newest Listings in Shelby, AL

What homes are available in Shelby, AL?

See More Listings

Virtual Tour

$67,000

Land

0.76 Acres

Ridge Dr Unit 1, Shelby AL, 35143

Lea Corley

Listing Office:

eXp Realty, LLC Central

4 bedrooms, 3 full baths, 2 partial house for sale

Backup Offers

Virtual Tour

$750,000

$8,906 Closing Credit

3 Full, 2 Partial

2,820 SqFt

56 Panarama Pt, Shelby AL, 35143

Stephanie Millard

Listing Office:

eXp Realty, LLC Central

Virtual Tour

$319,000

$3,788 Closing Credit

1,229 SqFt

271 Ridge Rd, Shelby AL, 35143

Brian Thomas

Listing Office:

RE/MAX Advantage South

6 bedrooms, 4 full baths, 1 partial house for sale

Virtual Tour

$1,200,000

$10,000 Closing Credit

4 Full, 1 Partial

5,575 SqFt

216 Mulberry Ln, Shelby AL, 35143

Darlene Rice

Listing Office:

EXIT Royal Realty

Virtual Tour

$449,900

$5,343 Closing Credit

1,606 SqFt

412 Tangled Way, Shelby AL, 35143

Zoe Langner

Listing Office:

Keller Williams Realty Vestavia

Virtual Tour

$375,000

Land

4.86 Acres

S River Rd Long Legal, Unit Long Legal, Shelby AL, 35143

Shirley Satterwhite

Listing Office:

RealtySouth-Inverness Office

$404,900

$4,808 Closing Credit

1,800 SqFt

156 Wallace Dr, Shelby AL, 35143

Holly Deavers

Listing Office:

EXIT Royal Realty

Virtual Tour

$115,000

Land

0.30 Acres

53 S River Dr Unit 31, Shelby AL, 35143

Mike Phillips

Listing Office:

RE/MAX Advantage South

Backup Offers

Virtual Tour

$224,500

Land

31.00 Acres

915 N River Dr Unit 0, Shelby AL, 35143

Brian Thomas

Listing Office:

RE/MAX Advantage South

Backup Offers

Virtual Tour

$630,000

$7,481 Closing Credit

3,051 SqFt

19031 River Dr, Shelby AL, 35143

Kendra Satterwhite Smith

Listing Office:

RealtySouth-Inverness Office

Backup Offers

Virtual Tour

$219,000

$2,601 Closing Credit

1,425 SqFt

95 3rd Ave, Shelby AL, 35143

Brian Thomas

Listing Office:

RE/MAX Advantage South

$70,000

Land

7.40 Acres

River Dr # 6, Shelby AL, 35143

Joey Brown

Listing Office:

ARC Realty - Hoover

Nearby Markets to Shelby, AL

What housing markets are near Shelby, AL?

MLS Disclaimers and Copyright

Based on information from Greater Alabama MLS for the period 03/01/2024 - 05/01/2024

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 7:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.