Homes for Sale Under 350K in Shelby, AL

1,240 Homes for Sale

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Shelby, AL Housing Market Overview

Shelby is a balanced market, giving buyers and sellers room to negotiate. With 3.4 months of supply and homes averaging 49 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

49

Inventory

1,240

Aug 2021Apr 2024Jun 2026

Median Home Price

$59,450Down 86.49%

In Jun 2026 · YoY

Aug 2021Apr 2024Jun 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
1,240 Up 142.86%
Newly Listed Homes
4 Down 0.00%
Months of Supply
3.4 Up 45.71%

Housing Demand

Homes Sold
10 Up 66.67%
Sale-to-List Ratio
98.1% Up 7.60%
Homes Sold Above List
0% Down 0.00%

30-yr fixed rate 6.23% · Data as of Jun 2026 · Source: Houzeo Research.

View Full Shelby Market Report
No. of Homes
Prices
Days on Market
Homes for Sale Birmingham
3,727
$293,450
50
Homes for Sale Montgomery
1,536
$200,000
64
Homes for Sale Fairhope
515
$560,000
58
Homes for Sale Huntsville
20
$362,500
71
  • mls-img
    Based on information from the Greater Alabama MLS through Sep 26, 2026, 2:00 AM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Greater Alabama MLS, Inc. All rights reserved.
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Shelby, AL Housing Marketlink qauare
Homes Available icon

1,240

Homes Available

Median List Price icon

$ 59,450

Median List Price

Avg on Market icon

49 Days

Avg on Market

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