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Shelby County

County • 18,034 Households

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Insights

Inventory

Recent trend +20% vs +9% last year

+ 15 average daily available listings

Trend up vs last year • Week of Aug. 24, 2026

Months of inventory

Up 28% YOY

+ 1 months

YOY up • August 2026

New listings

Up 48% YOY vs down 8% statewide

+ 6 listings

• Week of Aug. 24, 2026

Percent of asking price
$0-$149K

$0-$149K range down 6% YOY, lags other ranges

Fell by 5.1 pts

Price band down • August 2026

Price per square foot
$0-$149K

$0-$149K range up 14% YOY, outpaces other ranges

+ $11 per square foot

Price band up • August 2026

Pending sales
$150K-$249K

$150K-$249K range up 16% YOY

+ 38 pending sales

Price band up • August 2026

Inventory

Highest point in over 3 years

+ 13 available listings

• August 2026

New listings
$150K-$249K

$150K-$249K range up 26% YOY

+ 55 listings

Price band up • August 2026

Monthly Indicators

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Closed Sales

46 August 2026
• -2% MoM

Median Sale Price

$262,500 August 2026
• +8% MoM

August 2026: New Listings 73 ▼ • Months of Inventory 3.2 ▲

Leading Indicators

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New Pending Sales

17 3-Wk. Avg.
• Upward Trend

Percent of Original Asking Price

94.8% 3-Wk. Avg.
• Flat Trend

Week of Aug. 24, 2026: Listing Price $250,000 → • Days on Market 10 ▼

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