The story of this market
The typical home in ZIP 49344 sells for about $375,000, or $145 per square foot.
Homes take about 4 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,188 a month.
ZIP 49344 — Shelbyville
The housing market in ZIP 49344 is characterized by low inventory and limited sales activity. Current data indicates a median sale price of $247,700 with a very short median time on market, suggesting a tight supply-demand balance for available properties.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 4 days on market with 3.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 9.6% — a stable, low-distress profile.
ZCTA 49344, Allegan County MI
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Data retrieved from ZCTA-level census profiles and local market reports.
Key-figure check: median price diverges 33.9% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $247,700 (33.9% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $247,700 (-33.9% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.