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Is Shelley, ID 83274 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Shelley is a buyer’s market. With about 8.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$185▼ −2.5% vs. last year

The Shelley housing market right now

In the three months ending August 31, 2026, 0% of homes in Shelley, ID 83274 sold above their list price, the typical home went under contract in 50 days and there were 8.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 31 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (47 days then) and the median sale price rose 20% to $579,749. Overall, Shelley is about as competitive as it was a year ago.

Within Bingham County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Run the numbers for 83274

Prefilled for 83274Can I win this house?Multiple-offer likelihood for a listing Prefilled for 83274Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Aberdeen 83210Buyer’s market $184 /sq ftAtomic City 83215 — /sq ftBlackfoot 83221Seller’s market $176 /sq ftFirth 83236Balanced $189 /sq ft Browse all markets →

Towns like Shelley nearby

Find towns like Shelley in other states →
Blackfoot, ID83221 · 18 miles away86% similarcheaper homes ($98K less) · larger Rigby, ID83442 · 23 miles away84% similarpricier homes ($70K more) · larger Idaho Falls, ID83404 · 8 miles away82% similarlarger Idaho Falls, ID83401 · 16 miles away82% similarlarger

Where Shelley is

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Questions about Shelley real estate

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

A buyer’s market: there were 8.8 months of supply in Shelley, ID 83274 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Shelley?

The typical home went under contract in 50 days in the latest three months.

Do homes in Shelley sell over asking?

0% of homes sold above their original list price.

What are property taxes in Shelley?

About 0.50% of a home’s value a year in Bingham County, or roughly $2,000 on a $400,000 home.

What is the median home price in Shelley?

The median sale price was $579,749 in the three months ending August 31, 2026, about $185 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology