Housing Prices in Shelby, MT
How much do homes in Shelby, MT cost?
Median List Price
$199,000
$108/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Shelby has increased by 43.2% since last year.
Summary: The median home list price in Shelby was $199,000 in March 2024, up 43.2% from the previous year, and the median price per square foot was $108.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.5K | $75K | -16.2% |
| 2 Bedrooms | $93.5K | $89.9K | -3.9% |
| 3 Bedrooms | $146K | $190K | +30.1% |
| 4 Bedrooms | $151K | $239.8K | +58.8% |
| 5+ Bedrooms | $269.5K | $295K | +9.5% |
Summary: Shelby housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 30.1%, 4 bedroom homes increased by 58.8%, and 5+ bedroom homes increased by 9.5%.
Housing Supply in Shelby, MT
How many homes are available in Shelby, MT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Summary: The Shelby real estate market had 15 homes for sale in March 2024, a 15.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Shelby housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Days on Market for Shelby, MT
How long does it take to sell a home in Shelby, MT?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 178 Days | 114 Days | -35.9% |
Summary: Homes in Shelby had an average listing age of 114 days in Mar 2024, down by 35.9% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.