Shelby Township, MI—48316
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$399,000
3.9% YoY Growth
Household Income
$101,000
21.8% YoY Growth
Days on Market
38
2.0% Longer YoY
Home Price Forecast
1.9%
Median Rent
$1,850
7.3% YoY Growth
1-Bed Rent
$1,050
N/A
2-Bed Rent
$1,820
8.8% YoY Growth
3-Bed Rent
$2,070
14.7% YoY Growth
Home Price Trends — Shelby Township, MI
As of Nov '25, the median home price in Shelby Township, MI is $399,000, with a year-over-year change of 3.9%. This indicates that home prices in Shelby Township, MI are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $399,000 | 3.9% |
| Single Family | $425,000 | 2.9% |
| Condos | $283,000 | 3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |