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Shelby County

County • 18,034 Households

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Insights

New listings

Momentum just flipped downward

Shifted from +2%/wk to -36%/wk

Inventory

Recent 3-week avg up 14% YOY

+ 13 average daily available listings

Days on market

Recent weeks up 61% vs 6-week trend

+ 11 days

Inventory

Recent weeks up 12% vs 6-week trend

+ 12 average daily available listings

Pending contracts

Recent 3-week avg down 41% YOY

Fell by 8 pending sales

New listings
$150K-$249K

$150K-$249K range up 25% YOY

+ 50 listings

Price per square foot
$500K-$749K

$500K-$749K range down 18% YOY

Fell by $39 per square foot

Pending sales
$150K-$249K

$150K-$249K range up 15% YOY

+ 31 pending sales

Closed sales
$250K-$349K

$250K-$349K range up 26% YOY

+ 38 sales

Weekly sale price

Recent 3-week avg down 9% YOY

Fell by $23,300


Monthly Indicators

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Closed Sales

52 May 2026
+21% MoM

Median Sale Price

245,000 May 2026
-8% MoM

May 2026: New Listings 70 → • Months of Inventory 2.3

Leading Indicators

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New Pending Sales

12 3-Wk. Avg.
Downward Trend

Percent of Original Asking Price

96.4% 3-Wk. Avg.
Flat Trend

Week of Jun. 01, 2026: Listing Price $258,950 → • Days on Market 34


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