Comprehensive market data and analysis• Updated Dec 2025
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 3 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | 1 | 1 | 2 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 8 |
Acreage buckets
The median price for land in Shelbyville, Michigan is currently $42K per acre. For a typical parcel, the median sale price is $159K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $108K while premium lots reached $455K.
Shelbyville, Michigan is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Shelbyville, Michigan currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
There are currently 2 active listings in Shelbyville, Michigan. The median asking price is $1.4M.
The 3-month absorption rate in Shelbyville, Michigan is 16.7%. The 12-month rate is 33.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Shelbyville, Michigan typically sells within 554 days of listing. The median time on market is 85 days. Properties are moving slowly in the current balanced market.
Over the past 12 months, Shelbyville, Michigan saw 8 properties sold, totaling $1.9M in sales volume. In just the last 3 months, 1 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
