Homes for Sale Under 500K in Shelby, OH

66 Homes for Sale

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Shelby, OH Housing Market Overview

Shelby's housing market currently favors buyers. This gives buyers the upper hand in negotiations. With a 3-month supply of homes and an average of 70 days on the market, buyers have plenty of time to choose and significant bargaining power.

Status

Buyer's Market

Days on Market

70

Inventory

66

Aug 2021Mar 2024Mar 2026

Median Home Price

$200,000Up 0.36%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
66 Up 0.40%
Newly Listed Homes
12 Up 0.09%
Months of Supply
3 Up 0.90%

Housing Demand

Homes Sold
7 Down 0.00%
Sale-to-List Ratio
93.1% Down 7.88%
Homes Sold Above List
42.9% Down 0.00%

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

View Full Shelby Market Report
  • mls-img
    Based on information from the Columbus Association of REALTORS (alternatively, from Multiple Listing Service of the Columbus Association of Realtors, Inc.) through Sep 5, 2026, 10:45 PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of property information; such should be independently verified. Columbus Association of REALTORS expressly disclaims any liability in connection therewith. 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. © 2025 Copyright Columbus Association of REALTORS. All rights reserved.
  • mls-img
    Based on information from the Board/Association of REALTORS® (alternatively, from the Service) through Sep 5, 2026, 10:45 PM. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than Houzeo are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). 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. Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed.
    Houzeo participates in MLS Now IDX program, allowing us to display other IDXP’s’ listings on our website. However, Houzeo does not display the entire MLS Now IDX database on this website. The listings of some real estate brokerage firms have been excluded. The photos may be altered, edited, enhanced or virtually staged. © 2025 Multiple Listing Service, Inc. All Rights Reserved
  • mls-img
    Based on information from the Multiple Listing Service of Greater Cincinnati (alternatively the REALTOR Alliance of Greater Cincinnati) through Sep 5, 2026, 10:45 PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS. The listings of some real estate brokerage firms have been excluded. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2024, MLS of Greater Cincinnati, Inc. All rights reserved
  • mls-img
    Based on information from Dayton Realtors® MLS through Sep 5, 2026, 10:45 PM. 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. The data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 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. © 2025 Dayton Area Board of Realtors®, Inc. All rights reserved.

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Shelby, OH Housing Marketlink qauare
Homes Available icon

66

Homes Available

Median List Price icon

$ 200,000

Median List Price

Avg on Market icon

70 Days

Avg on Market

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