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Shelby Montana DowntownPhoto: I, the copyright holder of this work, hereby publish it under the following license: · CC BY-SA 3.0
Housing in Shelby

34 homes sold in Shelby in the last year, at a typical $175K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Shelby homes are listed.

Homes sold
34
October 2025 to September 2026
Typical sale price
$175K
median, weighted by sales
Price per square foot
$113
Montana $286
Paid vs. asking
105%
0% sold over asking
For sale now
26
September 2026 · 2 sold that month
What sold · last 12 months

Houses are 0% of Shelby’s sales, at a typical — (year to May 2026)

34 homes sold in the year to September 2026.

12 years of sales

More homes sell than most years, at 1.6 times the 2016 price

34 sales in the last year, against 47 in 2021 and a low of 0 in 2015. The typical sale went from $110K in 2016 to $175K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2014: 1 sold, typical $34K’142015: 0 sold, typical —2016: 6 sold, typical $110K’162017: 5 sold, typical $119K2018: 7 sold, typical $105K’182019: 13 sold, typical $146K2020: 44 sold, typical $95K’202021: 47 sold, typical $134K2022: 32 sold, typical $118K’222023: 24 sold, typical $151K2024: 21 sold, typical $207K’242025: 28 sold, typical $198KLast 12 months: 34 sold, typical $175KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 12 years of sales

Bidding wars in Shelby are back to pre-pandemic levels, and more homes are for sale

We read every month of Shelby’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 34 sales.

If you’re buying in Shelby

  • Shop in May. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
  • Expect to bid over asking. Buyers paid 105% of the list price on average; 0% paid over.
  • You’ll usually have time. Only 16% of homes go under contract within two weeks; the typical one takes 158 days.
Best time to buy

Summer brings the homes; winter brings the bidding wars

August has the most new listings (about 3 a month), but January is the most competitive: 0% of January sales close over asking. May and June offer nearly as much choice with fewer homes bid up (0%). January has the least competition (0%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.857%13%20%Sweet spotJan: 2 new listings a month, 0% sold over asking, 135 days to sellJFeb: 2 new listings a month, 0% sold over asking, 132 days to sellFMar: 2 new listings a month, 0% sold over asking, 159 days to sellMApr: 2 new listings a month, 0% sold over asking, 134 days to sellAMay: 3 new listings a month, 0% sold over asking, 169 days to sellMJun: 3 new listings a month, 0% sold over asking, 140 days to sellJJul: 3 new listings a month, 0% sold over asking, 133 days to sellJAug: 3 new listings a month, 0% sold over asking, 128 days to sellASep: 3 new listings a month, 0% sold over asking, 118 days to sellSOct: 3 new listings a month, 0% sold over asking, 116 days to sellONov: 2 new listings a month, 0% sold over asking, 119 days to sellNDec: 2 new listings a month, 0% sold over asking, 99 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Montana as a whole

Shelby now2017–192021 peakMT now
Sold over askingShare of sales that closed above the list price0%0%0%0%
Gone within two weeksShare of homes under contract within 14 days16%0%0%30%
Price paid vs. askingAverage sale price ÷ list price105%——93.6%
Days to sellMedian days from listing to contract15814712991
Supply

21 homes for sale on a typical day

That’s 13.4 times the 2014 low (2), 59% more than in 2017–19 and well under 2020’s 27.

2014: 2 for sale’142015: 3 for sale2016: 6 for sale2017: 9 for sale’172018: 10 for sale2019: 21 for sale2020: 27 for sale’202021: 16 for sale2022: 13 for sale2023: 11 for sale’232024: 9 for sale2025: 15 for saleLast 12 months: 21 for saleNow

Source: Redfin Data Center, city figures, January 2014 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Shelby home costs about $1,039 a month

Mortgage
Property tax
Insurance
Rent

Price: Shelby’s typical sale, last 12 months. Property tax at Shelby’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Shelby is affordable on local pay is on Cost of living.

Before you buy in Shelby

Six things worth knowing

3

New listings in August

The month with the most choice. January has the fewest, about 2.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $175K home, about $1,520 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Shelby, from test results, graduation and how much students grow.

Schools in Shelby
14 min

Typical commute

The average one-way trip to work for people who live in Shelby.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Cut Bank sells for less a square foot

The busier markets within 25 miles of Shelby, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Shelby34$175K$1130%158
Cut Bank30$182K$1040%109
Conrad25$228K$1340%116

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Shelby, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Shelby. People who follow the town see it, and so do people comparing Shelby with their own town. No commission, no listing fee.

Questions about buying a home in Shelby

What do homes sell for in Shelby, MT?

34 homes sold in the year to September 2026 at a typical $175K, $113 a square foot.

Is Shelby a buyer’s or seller’s market?

A buyer’s market: 26 homes were for sale in September 2026 and 2 sold, about 9.6 months of supply. Buyers paid 105% of asking on average.

When is the best time to buy in Shelby?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Shelby?

About 0.9% of a home’s value a year. On a $175K home that’s near $1,520.

Where can I see homes for sale in Shelby?

Zillow, Redfin, Realtor.com and Homes.com all carry Shelby’s MLS listings; the search links above open each one filtered to Shelby.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).