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Shelby Township Market Report

$383,735

AVERAGE PRICE OF 671 HOMES

$332,333

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,255,000

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$462,781

AVERAGE PRICE OF 160 NEWLY BUILT HOMES

$409,008

AVERAGE PRICE OF 35 HOMES WITH A POOL

$378,209

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $383,735
Avg Bedrooms 3.39 beds
Avg Bathrooms 2.77 baths

Average Price by Bedrooms

1 bedroom $55,733
2 bedrooms $202,445
3 bedrooms $325,333
4 bedrooms $471,867
5 bedrooms $538,700
Shelby Township Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 655 663 703 817 848
Average Price $380,992 $371,494 $369,947 $395,280 $364,198
Avg Price Change +2.56% +0.42% -6.85% +8.53% -1.94%
Median Price $369,018 $350,227 $347,014 $333,684 $331,136
Med Price Change +5.37% +0.93% +3.99% +0.77% -4.38%
Avg Bedrooms 3.38 beds 3.33 beds 3.35 beds 3.54 beds 3.35 beds
Avg Bathrooms 2.75 baths 2.72 baths 2.72 baths 2.76 baths 2.73 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Eisenhower 2 $509,900 78 days
Eisenhower High School 16 $577,343 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 671 $383,735 87 days
Distressed Homes 6 $332,333 83 days
Multi-Million Dollar Homes 6 $1,255,000 140 days
Newly Built Homes 160 $462,781 136 days
Homes with a Pool 35 $409,008 72 days
Reduced Price Homes 19 $378,209 73 days
REALTEAM Real Estate
48915 Hayes Rd.
Shelby Township, MI 48315
586-580-8092

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