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Shelby Township Market Report

$370,853

AVERAGE PRICE OF 650 HOMES

$416,233

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,255,000

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$427,904

AVERAGE PRICE OF 173 NEWLY BUILT HOMES

$422,696

AVERAGE PRICE OF 36 HOMES WITH A POOL

$305,145

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $370,853
Avg Bedrooms 3.35 beds
Avg Bathrooms 2.72 baths

Average Price by Bedrooms

2 bedrooms $198,242
3 bedrooms $333,432
4 bedrooms $457,579
5 bedrooms $522,134
Shelby Township Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 703 817 848 865 871
Average Price $369,947 $395,280 $364,198 $371,280 $369,776
Avg Price Change -6.85% +8.53% -1.94% +0.41% +1.11%
Median Price $347,014 $333,684 $331,136 $345,637 $346,116
Med Price Change +3.99% +0.77% -4.38% -0.14% -0.03%
Avg Bedrooms 3.35 beds 3.54 beds 3.35 beds 3.38 beds 3.38 beds
Avg Bathrooms 2.72 baths 2.76 baths 2.73 baths 2.74 baths 2.73 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Eisenhower 1 $499,900 47 days
Eisenhower High School 12 $582,741 65 days
Ford High School 1 $399,900 35 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 650 $370,853 98 days
Distressed Homes 6 $416,233 107 days
Multi-Million Dollar Homes 6 $1,255,000 93 days
Newly Built Homes 173 $427,904 159 days
Homes with a Pool 36 $422,696 74 days
Reduced Price Homes 22 $305,145 84 days
REALTEAM Real Estate
48915 Hayes Rd.
Shelby Township, MI 48315
586-580-8092

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