Question 1

Are house prices dropping in Shelbyville?

Accepted Answer

The house prices in Shelbyville are indeed dropping at the moment. There has been a decrease in price of $27,316.37. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

Question 2

What is the housing market like in Shelbyville at this time?

Accepted Answer

The housing market and house prices in Shelbyville are going down. The average house price is $292,495.00 and the average price per square feet is $145.34 per square foot. At the moment, there are 604 homes listed - 82 active, 44 pending, and 478 sold in Shelbyville.

Question 3

What is the most popular place to buy a house in Shelbyville?

Accepted Answer

The most popular place to buy a home in Shelbyville is 7308 - Shelby - Addison. 7308 - Shelby - Addison has the most properties listed and appears to have the highest demand.

Question 4

What is the amount of property taxes you have to pay for a house in Shelbyville?

Accepted Answer

The average amount of property taxes you would have to pay for a home in Shelbyville is $1,379.06. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

Question 5

How fast are houses listed in Shelbyville being sold?

Accepted Answer

Properties in Shelbyville stay on the market for an average of 98 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

Question 6

How often are houses listed for sale in Shelbyville?

Accepted Answer

The last home listed in Shelbyville was 2132 minutes ago.

Question 7

Can you visit houses in Shelbyville?

Accepted Answer

Currently, there are 1 open houses available for viewing in Shelbyville.

Question 8

What is the most expensive house in Shelbyville?

Accepted Answer

The cost of the most expensive home in Shelbyville is $900,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

Question 9

What is the cheapest house in Shelbyville?

Accepted Answer

The cost of the cheapest home in Shelbyville is $99,500.00. Buying a cheaper home can keep payments low and leave room for customization.

Question 10

How old are the homes in Shelbyville?

Accepted Answer

The oldest home in Shelbyville was built in 1870, and the newest in 2626.

Question 11

How big are the homes in Shelbyville?

Accepted Answer

The average property size in Shelbyville is 2266.29 sq.ft., the largest being 5488 sq.ft., and the smallest being 864 sq.ft.

Frequently Asked Questions