Comprehensive market data and analysis• Updated Dec 2025
18.3 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 3 | 17 | 42 |
| 1-2 acres | - | 1 | 8 | 22 |
| 2-5 acres | 2 | 3 | 5 | 10 |
| 5-10 acres | - | 1 | 4 | 8 |
| 10-20 acres | - | 1 | 2 | 5 |
| 20-50 acres | - | 2 | 2 | 9 |
| 50-100 acres | - | - | 1 | 3 |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 11 | 39 | 99 |
Acreage buckets
The median price for land in Shelby, North Carolina is currently $32K per acre. For a typical parcel, the median sale price is $42K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $339K.
Shelby, North Carolina is currently a strong buyer's market with 18.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 159.6% year-over-year.
Shelby, North Carolina currently has 18.3 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Shelby, North Carolina saw 99 properties sold, totaling $12.2M in sales volume. In just the last 3 months, 11 properties changed hands.
The median land price in Shelby, North Carolina stands at $42K. This translates to roughly $32K per acre for the typical parcel size. The average price is $123K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Shelby, North Carolina is 5.5% (3-month basis), indicating slow demand. With appreciating values (+159.6% YoY), the market shows growth potential. The top-performing broker in this market is RE/MAX Select.
Land in Shelby, North Carolina typically sells within 146 days of listing. The median time on market is 64 days. Properties are moving slowly in the current strong buyer's market.
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.
