Shelbyville, MI Real Estate Market Summary – September 8, 2026
In Shelbyville, MI, the overall market saw 5 homes sold in the last 30 days, with an average living area of about 1,798 square feet. The median sale price was $530,000, and homes spent an average of 15 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 5 |
| Sold Per Day | 1 every 6.00 days |
| Average SQFT | 1798 |
| Median Sales Price | $530,000 |
| Average Sales Price | $514,900 |
| Average Price Per SQFT | $333 |
| Average Days on Market | 15 |
| Average Year Built | 1952 |
Shelbyville, MI Single Family Home Analysis
Within the single-family segment, 4 homes were sold, boasting a median living area of 1,746 square feet. The median sale price for single-family homes was $511,000, with an average market time of 16 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 4 |
| Sold Per Day | 1 every 7.50 days |
| Average SQFT | 1798 |
| Median Sales Price | $511,000 |
| Average Sales Price | $511,125 |
| Average Price Per SQFT | $333 |
| Average Days on Market | 17 |
| Average Year Built | 1947 |
Shelbyville, MI Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- Listings pace at 1 every 6 days for the overall market.
- Average days on market for sold homes was 15 days.
- Median sale price is $530,000 overall, and $511,000 for single-family homes.
- There have been no condo or townhome transactions in the last 30 days.
Conclusion
Overall, Shelbyville’s market reflects a steady pace in home transactions. With a range of prices and sizes, buyers have options to consider.