Shelby Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Shelby averaged
6.46%
for the week of 2025-04-03, compared to the national average of
6.64% for the same period.
The average rate for the prior week (2025-03-27) was
6.87% and
one month ago for the week of 2025-02-27, the
average rate was 6.68%.
Shelby's average rate one year ago was 6.61%.
For refis of the same type during the week of 2025-04-03, the average rate
was 7.39%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-04-03 | 6.64% |
| Shelby 30 Year Fixed Rate | 2025-04-03 | 6.46% |
| Shelby 30 Year Fixed Rate Refi | 2025-04-03 | 7.39% |
| Shelby 15 Year Fixed Rate | 2025-04-03 | 5.62% |
| Shelby 15 Year Fixed Rate Refi | 2025-04-03 | 6.42% |
| Shelby 30 Year FHA | 2025-04-03 | 6.37% |
| Shelby 30 Year FHA Refi | 2025-04-03 | 6.46% |
| Shelby 30 Year USDA | 2025-04-03 | 6.32% |
| Shelby 30 Year USDA Refi | 2025-04-03 | 6.32% |
| Shelby 30 Year VA | 2025-04-03 | 6.27% |
| Shelby 30 Year VA Refi | 2025-04-03 | 6.16% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Shelby, NC.
Shelby Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Shelby, NC market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Shelby Average Closing Costs & Other Stats
Shelby, NC's 114 lenders originated 2,098
loans during 2024. The total origination value was $417,630,000, with an average loan value of
$199,061.
Shelby's average closing costs are $5,316.
The top Shelby lender as defined by loan originations is STATE EMPLOYEES', with
115 loans originated. Their average total fees are
$4,141, which is $2,165
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Shelby lenders (with over 10 loans originated) are
HomeTrust Bank ($3,677), The Fidelity Bank ($3,699), STATE EMPLOYEES' ($4,141), Truist ($4,397) and Truliant Federal Credit Union ($4,552).
The lowest rate Shelby lenders (with over 10 loans originated) are
STATE EMPLOYEES' (6.29%), LOANDEPOT.COM, LLC (6.51%), HomeTrust Bank (6.53%), ON Q FINANCIAL, INC. (6.65%) and UNITED WHOLESALE MORTGAGE, LLC (6.66%).
Shelby, NC Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| STATE EMPLOYEES' | $39,075,000 | $47,420,000 | 21.4% | 11.4% |
| QUICKEN LOANS, LLC | $21,015,000 | $27,820,000 | 32.4% | 6.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $9,995,000 | $22,195,000 | 122.1% | 5.3% |
| Regions Bank | $870,000 | $20,030,000 | 2,202.3% | 4.8% |
| LOANDEPOT.COM, LLC | $5,330,000 | $15,150,000 | 184.2% | 3.6% |
| MOVEMENT MORTGAGE, LLC | $17,655,000 | $14,935,000 | -15.4% | 3.6% |
| Truliant Federal Credit Union | $9,065,000 | $11,835,000 | 30.6% | 2.8% |
| Truist | $9,260,000 | $10,710,000 | 15.7% | 2.6% |
| Mortgage Research Center, LLC | $6,410,000 | $10,225,000 | 59.5% | 2.4% |
| UNION HOME MORTGAGE CORP. | $1,490,000 | $9,790,000 | 557.0% | 2.3% |
| ON Q FINANCIAL, INC. | $12,575,000 | $8,565,000 | -31.9% | 2.1% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $11,790,000 | $8,495,000 | -27.9% | 2.0% |
| The Fidelity Bank | $10,410,000 | $7,440,000 | -28.5% | 1.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $7,955,000 | $7,360,000 | -7.5% | 1.8% |
| AgFirst Farm Credit Bank | $5,540,000 | $7,275,000 | 31.3% | 1.7% |
| GUARANTEED RATE, INC. | $605,000 | $7,175,000 | 1,086.0% | 1.7% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $7,670,000 | $6,385,000 | -16.8% | 1.5% |
| HomeTrust Bank | $6,260,000 | $5,510,000 | -12.0% | 1.3% |
| FREEDOM MORTGAGE CORPORATION | $875,000 | $5,265,000 | 501.7% | 1.3% |
| AMERICAN FINANCIAL RESOURCES, INC. | $640,000 | $5,030,000 | 685.9% | 1.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,570,000 | $5,030,000 | 40.9% | 1.2% |
| GUILD MORTGAGE COMPANY | $1,335,000 | $3,915,000 | 193.3% | 0.9% |
| SHARONVIEW FEDERAL CREDIT UNION | $3,740,000 | n/a | 0.9% | |
| Bank OZK | $1,560,000 | $3,605,000 | 131.1% | 0.9% |
| INSPIRE HOME LOANS INC. | $1,020,000 | $3,410,000 | 234.3% | 0.8% |
| GREYSTONE SERVICING COMPANY LLC | $3,370,000 | n/a | 0.8% | |
| PENNYMAC LOAN SERVICES, LLC | $2,510,000 | $3,145,000 | 25.3% | 0.8% |
| DHI MORTGAGE COMPANY, LTD. | $3,105,000 | n/a | 0.7% | |
| Fifth Third Bank | $3,305,000 | $2,935,000 | -11.2% | 0.7% |
| First National Bank of Pennsylvania | $1,700,000 | $2,890,000 | 70.0% | 0.7% |
| MID AMERICA MORTGAGE, INC. | $1,020,000 | $2,795,000 | 174.0% | 0.7% |
| American Security Mortgage Corp. | $5,800,000 | $2,745,000 | -52.7% | 0.7% |
| CARDINAL FINANCIAL | $2,285,000 | $2,600,000 | 13.8% | 0.6% |
| VILLAGE CAPITAL MORTGAGE | $520,000 | $2,490,000 | 378.8% | 0.6% |
| Bank of America | $1,620,000 | $2,410,000 | 48.8% | 0.6% |
| BROKER SOLUTIONS, INC. | $1,895,000 | $2,315,000 | 22.2% | 0.6% |
| South State Bank | $1,355,000 | $2,285,000 | 68.6% | 0.5% |
| CMG MORTGAGE, INC. | $480,000 | $2,260,000 | 370.8% | 0.5% |
| Alcova Mortgage LLC | $950,000 | $2,250,000 | 136.8% | 0.5% |
| 1ST SIGNATURE LENDING, LLC | $1,070,000 | $2,145,000 | 100.5% | 0.5% |
| CHARLOTTE METRO FEDERAL CREDIT UNION | $2,375,000 | $2,130,000 | -10.3% | 0.5% |
| SUMMIT FUNDING, INC. | $2,040,000 | n/a | 0.5% | |
| ZILLOW HOME LOANS, LLC | $830,000 | $2,035,000 | 145.2% | 0.5% |
| NEW DAY FINANCIAL, LLC | $1,180,000 | $2,000,000 | 69.5% | 0.5% |
| United Bank | $305,000 | $1,990,000 | 552.5% | 0.5% |
| NEWREZ LLC | $1,460,000 | $1,955,000 | 33.9% | 0.5% |
| RELIANCE FIRST CAPITAL, LLC | $885,000 | $1,900,000 | 114.7% | 0.5% |
| First Federal Savings Bank of Lincolnton | $2,525,000 | $1,885,000 | -25.3% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $4,530,000 | $1,860,000 | -58.9% | 0.4% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $6,750,000 | $1,820,000 | -73.0% | 0.4% |
| LENDINGHOME FUNDING CORPORATION | $1,935,000 | $1,795,000 | -7.2% | 0.4% |
| U.S. Bank | $295,000 | $1,760,000 | 496.6% | 0.4% |
| Plains Commerce Bank | $1,095,000 | $1,700,000 | 55.3% | 0.4% |
| First-Citizens Bank & Trust Company | $1,790,000 | $1,660,000 | -7.3% | 0.4% |
| 21ST MORTGAGE CORPORATION | $395,000 | $1,560,000 | 294.9% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $1,600,000 | $1,525,000 | -4.7% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $985,000 | $1,455,000 | 47.7% | 0.3% |
| T2 FINANCIAL LLC | $440,000 | $1,405,000 | 219.3% | 0.3% |
| Integrity Home Mortgage Corp | $155,000 | $1,390,000 | 796.8% | 0.3% |
| Flagstar Bank, FSB | $830,000 | $1,305,000 | 57.2% | 0.3% |
| PNC Bank | $1,665,000 | $1,270,000 | -23.7% | 0.3% |
| CLEARPATH LENDING | $335,000 | $1,180,000 | 252.2% | 0.3% |
| C & F Mortgage Corporation | $1,205,000 | $1,135,000 | -5.8% | 0.3% |
| Wells Fargo Bank | $725,000 | $1,130,000 | 55.9% | 0.3% |
| PLANET HOME LENDING, LLC | $860,000 | $1,055,000 | 22.7% | 0.3% |
| The Loan Store, Inc. | $105,000 | $1,055,000 | 904.8% | 0.3% |
| Uwharrie Bank | $675,000 | $1,025,000 | 51.9% | 0.2% |
| LENDINGONE, LLC | $685,000 | $965,000 | 40.9% | 0.2% |
| Carrington Mortgage Services, LLC | $725,000 | $955,000 | 31.7% | 0.2% |
| SOUTHWEST STAGE FUNDING, LLC | $890,000 | $950,000 | 6.7% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $705,000 | $930,000 | 31.9% | 0.2% |
| American Mortgage & Equity Consultants, Inc. | $925,000 | n/a | 0.2% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,150,000 | $865,000 | -24.8% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $275,000 | $845,000 | 207.3% | 0.2% |
| Mortgage Assurance Inc. | $835,000 | n/a | 0.2% | |
| ROYAL UNITED MORTGAGE LLC | $415,000 | $810,000 | 95.2% | 0.2% |
| JPMorgan Chase Bank | $955,000 | $800,000 | -16.2% | 0.2% |
| PHH Mortgage Corporation | $795,000 | n/a | 0.2% | |
| Equity Prime Mortgage LLC | $680,000 | $785,000 | 15.4% | 0.2% |
| OCMBC, INC. | $250,000 | $770,000 | 208.0% | 0.2% |
| SeaTrust Mortgage Company | $1,215,000 | $765,000 | -37.0% | 0.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $745,000 | n/a | 0.2% | |
| The Federal Savings Bank | $835,000 | $735,000 | -12.0% | 0.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,445,000 | $725,000 | -70.3% | 0.2% |
| USAA Federal Savings Bank | $1,345,000 | $725,000 | -46.1% | 0.2% |
| Blue Ridge Bank | $2,360,000 | $715,000 | -69.7% | 0.2% |
| First Community Bank | $700,000 | n/a | 0.2% | |
| FOUNDERS FEDERAL CREDIT UNION | $1,710,000 | $690,000 | -59.6% | 0.2% |
| East Coast Capital Corp. | $665,000 | n/a | 0.2% | |
| First Federal Bank | $1,960,000 | $665,000 | -66.1% | 0.2% |
| Atlantic Coast Mortgage, LLC | $1,240,000 | $660,000 | -46.8% | 0.2% |
| Ixonia Bank | $660,000 | n/a | 0.2% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $165,000 | $640,000 | 287.9% | 0.2% |
| Ameris Bank | $720,000 | $620,000 | -13.9% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $605,000 | n/a | 0.1% | |
| United Community Bank | $500,000 | $600,000 | 20.0% | 0.1% |
| BANKSOUTH MORTGAGE COMPANY, LLC | $590,000 | n/a | 0.1% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $590,000 | n/a | 0.1% | |
| GoPrime Mortgage, Inc. | $1,685,000 | $580,000 | -65.6% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $805,000 | $575,000 | -28.6% | 0.1% |
| LATINO COMMUNITY CREDIT UNION | $1,050,000 | $545,000 | -48.1% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $265,000 | $540,000 | 103.8% | 0.1% |
| Lakeview Community Capital, LLC | $165,000 | $530,000 | 221.2% | 0.1% |
| THE MORTGAGE FIRM, INC. | $525,000 | n/a | 0.1% | |
| Discover Bank | $455,000 | $520,000 | 14.3% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $225,000 | $510,000 | 126.7% | 0.1% |
| Enterprise Bank of South Carolina | $505,000 | n/a | 0.1% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $495,000 | n/a | 0.1% | |
| ALLIED MORTGAGE GROUP, INC. | $315,000 | $490,000 | 55.6% | 0.1% |
| Figure Lending LLC | $370,000 | $470,000 | 27.0% | 0.1% |
| MILEND, INC. | $440,000 | $470,000 | 6.8% | 0.1% |
| BETTER MORTGAGE CORPORATION | $500,000 | $460,000 | -8.0% | 0.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $595,000 | $450,000 | -24.4% | 0.1% |
| EQUITY RESOURCES, INC. | $445,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $130,000 | $435,000 | 234.6% | 0.1% |
| American Airlines Federal Credit Union | $125,000 | $425,000 | 240.0% | 0.1% |
| LIMA ONE CAPITAL, LLC | $1,195,000 | $425,000 | -64.4% | 0.1% |
| AgSouth Farm Credit, ACA | $420,000 | n/a | 0.1% | |
| ENVOY MORTGAGE, LTD | $420,000 | n/a | 0.1% | |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $550,000 | $420,000 | -23.6% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $400,000 | n/a | 0.1% | |
| ALLIANT CREDIT UNION | $390,000 | n/a | 0.1% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $375,000 | n/a | 0.1% | |
| Coastal Community Bank | $375,000 | n/a | 0.1% | |
| FBC MORTGAGE, LLC | $895,000 | $375,000 | -58.1% | 0.1% |
| Centennial Bank | $365,000 | n/a | 0.1% | |
| FORT FINANCIAL Federal Credit Union | $140,000 | $365,000 | 160.7% | 0.1% |
| Leader Bank | $355,000 | n/a | 0.1% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $340,000 | n/a | 0.1% | |
| Charles Schwab Bank, SSB | $335,000 | n/a | 0.1% | |
| DEEPHAVEN MORTGAGE LLC | $330,000 | n/a | 0.1% | |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $710,000 | $330,000 | -53.5% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $225,000 | $330,000 | 46.7% | 0.1% |
| AmeriHome Mortgage Company, LLC | $325,000 | n/a | 0.1% | |
| CONTOUR MORTGAGE CORPORATION | $325,000 | n/a | 0.1% | |
| MEMBER FIRST MORTGAGE, LLC | $325,000 | n/a | 0.1% | |
| Renasant Bank | $325,000 | n/a | 0.1% | |
| VERITAS FUNDING, LLC | $325,000 | n/a | 0.1% | |
| Credence Funding Corporation | $315,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $1,055,000 | $315,000 | -70.1% | 0.1% |
| UNITED | $310,000 | n/a | 0.1% | |
| TJC Mortgage, Inc. | $465,000 | $300,000 | -35.5% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $235,000 | $295,000 | 25.5% | 0.1% |
| PREMIER LENDING, INC. | $440,000 | $290,000 | -34.1% | 0.1% |
| Magnolia Bank | $305,000 | $285,000 | -6.6% | 0.1% |
| COASTAL Federal Credit Union | $705,000 | $280,000 | -60.3% | 0.1% |
| Loan Simple, Inc. | $275,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $190,000 | $270,000 | 42.1% | 0.1% |
| Commerce Home Mortgage, Inc. | $265,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $185,000 | $265,000 | 43.2% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $445,000 | $260,000 | -41.6% | 0.1% |
| BAY EQUITY LLC | $255,000 | n/a | 0.1% | |
| Pacific Lending LLC | $255,000 | n/a | 0.1% | |
| RADIUS FINANCIAL GROUP INC. | $245,000 | n/a | 0.1% | |
| M&T Bank | $240,000 | n/a | 0.1% | |
| INTERCOASTAL MORTGAGE COMPANY | $235,000 | n/a | 0.1% | |
| POLARIS HOME FUNDING CORP. | $175,000 | $235,000 | 34.3% | 0.1% |
| Texana Bank | $235,000 | n/a | 0.1% | |
| Belmont Savings Bank, SSB | $225,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL NETWORK, INC. | $1,440,000 | $220,000 | -84.7% | 0.1% |
| Bank of Springfield | $215,000 | n/a | 0.1% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $195,000 | $215,000 | 10.3% | 0.1% |
| Citizens Bank | $1,105,000 | $210,000 | -81.0% | 0.1% |
| FOUNDATION MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| NJ LENDERS CORP. | $205,000 | n/a | 0.0% | |
| CityWorth Mortgage LLC | $195,000 | n/a | 0.0% | |
| First Bank | $630,000 | $195,000 | -69.0% | 0.0% |
| Pinnacle Bank | $300,000 | $195,000 | -35.0% | 0.0% |
| Citadel Servicing Corporation | $185,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $895,000 | $185,000 | -79.3% | 0.0% |
| Prosperity Home Mortgage, LLC | $540,000 | $180,000 | -66.7% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $175,000 | n/a | 0.0% | |
| NFM, INC. | $510,000 | $165,000 | -67.6% | 0.0% |
| A&D Mortgage LLC | $145,000 | n/a | 0.0% | |
| Gate City Bank | $145,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $210,000 | $145,000 | -31.0% | 0.0% |
| First National Bank of America | $135,000 | n/a | 0.0% | |
| Northpointe Bank | $1,150,000 | $135,000 | -88.3% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $125,000 | n/a | 0.0% | |
| blueharbor bank | $125,000 | n/a | 0.0% | |
| CAROLINA FOOTHILLS | $125,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $325,000 | $125,000 | -61.5% | 0.0% |
| JMAC LENDING, INC. | $125,000 | n/a | 0.0% | |
| RF Renovo Management Company, LLC | $145,000 | $125,000 | -13.8% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $135,000 | $105,000 | -22.2% | 0.0% |
| First Bank | $630,000 | $105,000 | -83.3% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $105,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $195,000 | $95,000 | -51.3% | 0.0% |
| MidFirst Bank | $95,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $90,000 | $90,000 | 0.0% | 0.0% |
| Summit Credit Union | $85,000 | n/a | 0.0% | |
| Citibank | $75,000 | n/a | 0.0% | |
| Peoples Bank | $280,000 | $45,000 | -83.9% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $75,000 | $35,000 | -53.3% | 0.0% |
Shelby's top lender by overall market share is STATE EMPLOYEES', with 11.4% market share. In second place, with 6.7%, is QUICKEN LOANS, LLC, having originated $27,820,000 in loans. In third place, with 5.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $22,195,000 in loans. In fourth place, with 4.8%, is Regions Bank, having originated $20,030,000 in loans. In fifth place, with 3.6%, is LOANDEPOT.COM, LLC, having originated $15,150,000 in loans.
Shelby Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Shelby (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $144,833 (3.7%) | $198,654 (6.8%) | 0.00 | 253 |
| 2018-02-01 | $164,493 (19.2%) | $211,679 (12.6%) | 0.00 | 251 |
| 2018-03-01 | $167,990 (20.7%) | $214,356 (10.9%) | 0.00 | 238 |
| 2018-04-01 | $181,450 (30.5%) | $223,110 (11.2%) | 0.00 | 233 |
| 2018-05-01 | $177,743 (27.0%) | $231,663 (11.9%) | 0.00 | 267 |
| 2018-06-01 | $174,900 (21.7%) | $230,602 (12.5%) | 0.00 | 273 |
| 2018-07-01 | $179,445 (30.7%) | $237,077 (21.1%) | 0.00 | 280 |
| 2018-08-01 | $173,845 (24.9%) | $237,475 (18.3%) | 0.00 | 270 |
| 2018-09-01 | $171,495 (27.0%) | $235,594 (20.8%) | 0.00 | 263 |
| 2018-10-01 | $168,120 (20.1%) | $233,015 (18.5%) | 0.00 | 254 |
| 2018-11-01 | $177,618 (27.1%) | $242,167 (22.1%) | 0.00 | 234 |
| 2018-12-01 | $175,000 (25.0%) | $242,468 (24.0%) | 0.00 | 216 |
| 2019-01-01 | $184,743 (27.6%) | $253,404 (27.6%) | 0.00 | 205 |
| 2019-02-01 | $192,450 (17.0%) | $255,558 (20.7%) | 0.00 | 200 |
| 2019-03-01 | $198,521 (18.2%) | $259,290 (21.0%) | 0.00 | 181 |
| 2019-04-01 | $187,200 (3.2%) | $248,959 (11.6%) | 0.00 | 177 |
| 2019-05-01 | $216,425 (21.8%) | $265,394 (14.6%) | 0.00 | 174 |
| 2019-06-01 | $212,000 (21.2%) | $277,492 (20.3%) | 0.00 | 175 |
| 2019-07-01 | $209,900 (17.0%) | $283,403 (19.5%) | 0.00 | 176 |
| 2019-08-01 | $202,436 (16.5%) | $279,145 (17.6%) | 0.00 | 177 |
| 2019-09-01 | $191,166 (11.5%) | $266,709 (13.2%) | 0.00 | 185 |
| 2019-10-01 | $182,400 (8.5%) | $257,300 (10.4%) | 0.00 | 194 |
| 2019-11-01 | $189,900 (6.9%) | $258,333 (6.7%) | 0.00 | 183 |
| 2019-12-01 | $189,900 (8.5%) | $257,281 (6.1%) | 0.00 | 171 |
| 2020-01-01 | $186,400 (0.9%) | $249,254 (-1.6%) | 0.00 | 163 |
| 2020-02-01 | $189,799 (-1.4%) | $257,931 (0.9%) | 0.00 | 156 |
| 2020-03-01 | $214,950 (8.3%) | $268,145 (3.4%) | 0.00 | 146 |
| 2020-04-01 | $220,675 (17.9%) | $268,026 (7.7%) | 0.00 | 125 |
| 2020-05-01 | $222,900 (3.0%) | $272,321 (2.6%) | 0.00 | 131 |
| 2020-06-01 | $220,150 (3.8%) | $260,284 (-6.2%) | 0.00 | 108 |
| 2020-07-01 | $223,650 (6.6%) | $286,893 (1.2%) | 0.00 | 90 |
| 2020-08-01 | $219,900 (8.6%) | $283,423 (1.5%) | 0.00 | 78 |
| 2020-09-01 | $224,400 (17.4%) | $319,136 (19.7%) | 0.00 | 83 |
| 2020-10-01 | $230,000 (26.1%) | $314,148 (22.1%) | 0.00 | 88 |
| 2020-11-01 | $207,250 (9.1%) | $280,946 (8.8%) | 0.00 | 89 |
| 2020-12-01 | $188,750 (-0.6%) | $249,565 (-3.0%) | 0.00 | 92 |
| 2021-01-01 | $200,000 (7.3%) | $258,627 (3.8%) | 0.00 | 91 |
| 2021-02-01 | $214,975 (13.3%) | $262,002 (1.6%) | 0.00 | 88 |
| 2021-03-01 | $239,425 (11.4%) | $281,237 (4.9%) | 0.00 | 67 |
| 2021-04-01 | $228,450 (3.5%) | $277,407 (3.5%) | 0.00 | 65 |
| 2021-05-01 | $212,100 (-4.9%) | $336,963 (23.7%) | 0.00 | 56 |
| 2021-06-01 | $240,425 (9.2%) | $333,107 (28.0%) | 0.00 | 60 |
| 2021-07-01 | $230,000 (2.8%) | $320,415 (11.7%) | 0.00 | 77 |
| 2021-08-01 | $237,475 (8.0%) | $348,107 (22.8%) | 0.00 | 105 |
| 2021-09-01 | $228,250 (1.7%) | $362,082 (13.5%) | 0.00 | 111 |
| 2021-10-01 | $259,900 (13.0%) | $372,876 (18.7%) | 0.00 | 118 |
| 2021-11-01 | $247,750 (19.5%) | $386,701 (37.6%) | 0.00 | 146 |
| 2021-12-01 | $247,450 (31.1%) | $408,650 (63.7%) | 0.00 | 129 |
| 2022-01-01 | $247,500 (23.8%) | $442,000 (70.9%) | 0.00 | 104 |
| 2022-02-01 | $249,950 (16.3%) | $417,496 (59.4%) | 0.00 | 81 |
| 2022-03-01 | $282,472 (18.0%) | $436,254 (55.1%) | 0.00 | 69 |
| 2022-04-01 | $265,000 (16.0%) | $418,792 (51.0%) | 0.00 | 68 |
| 2022-05-01 | $259,450 (22.3%) | $386,172 (14.6%) | 0.00 | 90 |
| 2022-06-01 | $245,000 (1.9%) | $379,831 (14.0%) | 0.00 | 126 |
| 2022-07-01 | $227,450 (-1.1%) | $364,107 (13.6%) | 0.00 | 164 |
| 2022-08-01 | $245,000 (3.2%) | $362,163 (4.0%) | 0.00 | 178 |
| 2022-09-01 | $238,175 (4.4%) | $339,450 (-6.3%) | 0.00 | 205 |
| 2022-10-01 | $240,000 (-7.7%) | $325,942 (-12.6%) | 0.00 | 224 |
| 2022-11-01 | $250,000 (0.9%) | $338,683 (-12.4%) | 0.00 | 212 |
| 2022-12-01 | $245,900 (-0.6%) | $343,789 (-15.9%) | 0.00 | 200 |
| 2023-01-01 | $266,000 (7.5%) | $350,508 (-20.7%) | 0.00 | 169 |
| 2023-02-01 | $264,973 (6.0%) | $355,206 (-14.9%) | 0.00 | 158 |
| 2023-03-01 | $285,000 (0.9%) | $383,483 (-12.1%) | 0.00 | 151 |
| 2023-04-01 | $285,000 (7.6%) | $374,370 (-10.6%) | 0.00 | 156 |
| 2023-05-01 | $278,500 (7.3%) | $381,350 (-1.3%) | 0.00 | 153 |
| 2023-06-01 | $272,400 (11.2%) | $381,807 (0.5%) | 0.00 | 179 |
| 2023-07-01 | $269,250 (18.4%) | $350,660 (-3.7%) | 0.00 | 178 |
| 2023-08-01 | $279,400 (14.0%) | $362,212 (0.0%) | 0.00 | 182 |
| 2023-09-01 | $279,400 (17.3%) | $367,476 (8.3%) | 0.00 | 198 |
| 2023-10-01 | $280,150 (16.7%) | $370,796 (13.8%) | 0.00 | 209 |
| 2023-11-01 | $290,500 (16.2%) | $373,343 (10.2%) | 0.00 | 217 |
| 2023-12-01 | $289,900 (17.9%) | $373,975 (8.8%) | 0.00 | 226 |
| 2024-01-01 | $289,949 (9.0%) | $370,172 (5.6%) | 0.00 | 234 |
| 2024-02-01 | $288,075 (8.7%) | $361,099 (1.7%) | 0.00 | 231 |
| 2024-03-01 | $285,000 (0.0%) | $350,916 (-8.5%) | 0.00 | 221 |
| 2024-04-01 | $296,450 (4.0%) | $342,834 (-8.4%) | 0.00 | 227 |
| 2024-05-01 | $299,200 (7.4%) | $348,807 (-8.5%) | 0.00 | 231 |
| 2024-06-01 | $313,400 (15.1%) | $355,650 (-6.9%) | 0.00 | 240 |
| 2024-07-01 | $316,072 (17.4%) | $365,983 (4.4%) | 0.00 | 255 |
| 2024-08-01 | $305,900 (9.5%) | $377,100 (4.1%) | 0.00 | 278 |
| 2024-09-01 | $299,498 (7.2%) | $377,776 (2.8%) | 0.00 | 290 |
| 2024-10-01 | $296,175 (5.7%) | $360,353 (-2.8%) | 0.00 | 288 |
| 2024-11-01 | $295,000 (1.6%) | $360,349 (-3.5%) | 0.00 | 308 |
| 2024-12-01 | $296,950 (2.4%) | $360,613 (-3.6%) | 0.00 | 317 |
| 2025-01-01 | $298,450 (2.9%) | $358,381 (-3.2%) | 0.00 | 299 |
| 2025-02-01 | $300,000 (4.1%) | $362,029 (0.3%) | 0.00 | 291 |
| 2025-03-01 | $311,900 (9.4%) | $375,240 (6.9%) | 0.00 | 293 |
Shelby's median listing price for 2025-03-01 was $311,900, a difference of
$26,900
(9.4%) versus the prior year and
$11,900 versus the prior month.
Shelby's median listing price comes in at 0% of the national average.
Shelby's average listing price for 2025-03-01 was $375,240, a difference of $24,324 (6.9%) versus the prior year and $13,211 versus the prior month.
For the 2025-03-01 period, Shelby had 293 MLS listings, a difference of 2 listings (1%) versus the prior month and 72 listings (33%) versus the prior year.
Shelby's median listing price comes in at 0% of the national average.
Shelby's average listing price for 2025-03-01 was $375,240, a difference of $24,324 (6.9%) versus the prior year and $13,211 versus the prior month.
For the 2025-03-01 period, Shelby had 293 MLS listings, a difference of 2 listings (1%) versus the prior month and 72 listings (33%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Shelby (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,805 sqft |
| 2018-02-01 | 0 days | 1,849 sqft |
| 2018-03-01 | 0 days | 1,837 sqft |
| 2018-04-01 | 0 days | 1,893 sqft |
| 2018-05-01 | 0 days | 1,956 sqft |
| 2018-06-01 | 0 days | 1,893 sqft |
| 2018-07-01 | 0 days | 1,948 sqft |
| 2018-08-01 | 0 days | 1,942 sqft |
| 2018-09-01 | 0 days | 1,888 sqft |
| 2018-10-01 | 0 days | 1,836 sqft |
| 2018-11-01 | 0 days | 1,894 sqft |
| 2018-12-01 | 0 days | 1,883 sqft |
| 2019-01-01 | 0 days | 2,010 sqft |
| 2019-02-01 | 0 days | 2,032 sqft |
| 2019-03-01 | 0 days | 2,050 sqft |
| 2019-04-01 | 0 days | 1,964 sqft |
| 2019-05-01 | 0 days | 2,122 sqft |
| 2019-06-01 | 0 days | 1,972 sqft |
| 2019-07-01 | 0 days | 1,939 sqft |
| 2019-08-01 | 0 days | 1,924 sqft |
| 2019-09-01 | 0 days | 1,843 sqft |
| 2019-10-01 | 0 days | 1,799 sqft |
| 2019-11-01 | 0 days | 1,850 sqft |
| 2019-12-01 | 0 days | 1,954 sqft |
| 2020-01-01 | 0 days | 1,811 sqft |
| 2020-02-01 | 0 days | 1,840 sqft |
| 2020-03-01 | 0 days | 1,816 sqft |
| 2020-04-01 | 0 days | 1,846 sqft |
| 2020-05-01 | 0 days | 1,870 sqft |
| 2020-06-01 | 0 days | 1,893 sqft |
| 2020-07-01 | 0 days | 1,866 sqft |
| 2020-08-01 | 0 days | 1,828 sqft |
| 2020-09-01 | 0 days | 1,812 sqft |
| 2020-10-01 | 0 days | 1,782 sqft |
| 2020-11-01 | 0 days | 1,664 sqft |
| 2020-12-01 | 0 days | 1,570 sqft |
| 2021-01-01 | 0 days | 1,587 sqft |
| 2021-02-01 | 0 days | 1,541 sqft |
| 2021-03-01 | 0 days | 1,598 sqft |
| 2021-04-01 | 0 days | 1,654 sqft |
| 2021-05-01 | 0 days | 1,624 sqft |
| 2021-06-01 | 0 days | 1,757 sqft |
| 2021-07-01 | 0 days | 1,744 sqft |
| 2021-08-01 | 0 days | 1,670 sqft |
| 2021-09-01 | 0 days | 1,699 sqft |
| 2021-10-01 | 0 days | 1,800 sqft |
| 2021-11-01 | 0 days | 1,673 sqft |
| 2021-12-01 | 0 days | 1,804 sqft |
| 2022-01-01 | 0 days | 1,827 sqft |
| 2022-02-01 | 0 days | 1,759 sqft |
| 2022-03-01 | 0 days | 1,805 sqft |
| 2022-04-01 | 0 days | 1,747 sqft |
| 2022-05-01 | 0 days | 1,666 sqft |
| 2022-06-01 | 0 days | 1,530 sqft |
| 2022-07-01 | 0 days | 1,498 sqft |
| 2022-08-01 | 0 days | 1,534 sqft |
| 2022-09-01 | 0 days | 1,558 sqft |
| 2022-10-01 | 0 days | 1,549 sqft |
| 2022-11-01 | 0 days | 1,602 sqft |
| 2022-12-01 | 0 days | 1,604 sqft |
| 2023-01-01 | 0 days | 1,626 sqft |
| 2023-02-01 | 0 days | 1,598 sqft |
| 2023-03-01 | 0 days | 1,634 sqft |
| 2023-04-01 | 0 days | 1,575 sqft |
| 2023-05-01 | 0 days | 1,567 sqft |
| 2023-06-01 | 0 days | 1,556 sqft |
| 2023-07-01 | 0 days | 1,579 sqft |
| 2023-08-01 | 0 days | 1,648 sqft |
| 2023-09-01 | 0 days | 1,660 sqft |
| 2023-10-01 | 0 days | 1,668 sqft |
| 2023-11-01 | 0 days | 1,679 sqft |
| 2023-12-01 | 0 days | 1,679 sqft |
| 2024-01-01 | 0 days | 1,686 sqft |
| 2024-02-01 | 0 days | 1,679 sqft |
| 2024-03-01 | 0 days | 1,679 sqft |
| 2024-04-01 | 0 days | 1,765 sqft |
| 2024-05-01 | 0 days | 1,787 sqft |
| 2024-06-01 | 0 days | 1,800 sqft |
| 2024-07-01 | 0 days | 1,806 sqft |
| 2024-08-01 | 0 days | 1,780 sqft |
| 2024-09-01 | 0 days | 1,762 sqft |
| 2024-10-01 | 0 days | 1,687 sqft |
| 2024-11-01 | 0 days | 1,687 sqft |
| 2024-12-01 | 0 days | 1,689 sqft |
| 2025-01-01 | 0 days | 1,676 sqft |
| 2025-02-01 | 0 days | 1,679 sqft |
| 2025-03-01 | 0 days | 1,710 sqft |
Shelby's median listing age (time on market) for 2025-03-01 was 0 days.
Shelby's median square footage for active listings during the 2025-03-01 period was 1,710 sqft. One year prior, the average listing was 1,679 sqft.
Shelby's median square footage for active listings during the 2025-03-01 period was 1,710 sqft. One year prior, the average listing was 1,679 sqft.
Shelby, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,042 | $261,990,000 | $251,430 |
| Cash Out Refi | 311 | $55,465,000 | $178,344 |
| Refi | 287 | $61,615,000 | $214,686 |
| Other | 231 | $20,805,000 | $90,065 |
| Home Improvement | 227 | $17,755,000 | $78,216 |
Shelby's most frequently cited loan purpose was Home Purchase, with 1,042 originations. The 2nd most popular reason was Cash Out Refi, with 311 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 751 | $175,705,000 | $233,961 |
| 7-8% | 498 | $86,950,000 | $174,598 |
| Over 8% | 428 | $46,900,000 | $109,579 |
| 5-6% | 327 | $94,925,000 | $290,291 |
| <2.5% | 37 | $445,000 | $12,027 |
| 4-5% | 34 | $8,890,000 | $261,471 |
| 3-4% | 4 | $990,000 | $247,500 |
During 2024, Shelby's most frequently originated rate bucket was 6-7%, with 751 originations.
Loan Sizing (Shelby, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 766 | $204,860,000 | $267,441 |
| $100k-200k | 645 | $96,845,000 | $150,147 |
| $100,000 or less | 568 | $30,070,000 | $52,940 |
| $400k-600k | 95 | $44,575,000 | $469,211 |
| $600k-1000k | 16 | $11,950,000 | $746,875 |
| $Over $1MM | 8 | $29,330,000 | $3,666,250 |
Shelby's loan sizing saw the bucket of loans from $200k-400k with 766 originations, totaling $204,860,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 843 | $219,225,000 | $260,053 |
| 60-80% | 356 | $102,410,000 | $287,669 |
| 20-40% | 309 | $28,065,000 | $90,825 |
| Under 20% | 295 | $11,565,000 | $39,203 |
| 40-60% | 209 | $35,255,000 | $168,684 |
| Over 100% | 44 | $11,200,000 | $254,545 |
Shelby's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 843 originations, totaling $219,225,000 in origination value.