Housing in Shelby, NC
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$274,140
Median List Price
$257,500
Price Per Sq Ft
$159
Days on Market
113
Active Inventory
148
Months of Supply
6.7
Buyer's market
Zillow Home Value
$201,615
ZHVI — January 2026
Zillow Rent Index
$1,178
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
13.6%
Off Market in 2 Weeks
36.8%
Sale-to-List Ratio
96.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
22
New Listings
38
Pending Sales
19
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$159
Median List $/SF
$173
Shelby vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Shelby is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$185,400
Median Rent
$899
Total Housing Units
10,804
Vacancy Rate
15.1%
Owner Occupied
59.1%
Renter Occupied
40.9%
Median Property Tax
$1,613
per year
Monthly Cost (w/ Mortgage)
$924
Housing Types
The current median sale price in Shelby, NC is $274,140 according to Redfin data. Homes spend a median of 113 days on the market. 13.6% of homes sold above asking price. The market has 6.7 months of supply. The median price per square foot is $159. Zillow's observed rent index is $1,178/month. About 59.1% of housing units are owner-occupied. The median year homes were built is 1970. There are 10,804 total housing units.