Houses for sale in Shepton Mallet, Somerset

There are 119 results for Shepton Mallet, Somerset. Property prices in Shepton Mallet range from £120k to £650k with an average price of £277k.


Properties for sale in Shepton Mallet, Somerset

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Property market in Shepton Mallet

Average asking price £275k typical £265k
Most prices £110k – £648k leaving out the extremes
Homes for sale 119 15 more under offer
New to the market 26 in the last 30 days
Typical time to sell 3 months last 12 months
Asking prices, year on year −4.8% homes newly listed
Typical sold price £263k 158 sales in 12 months
Gross rental yield 3.9% typical rent vs sold price

What's for sale

120 homes · share, count and typical price
Terraced houses 34.2% 41 · £240k
Flats and apartments 18.3% 22 · £147k
Semi-detached houses 16.7% 20 · £283k
Detached houses 15.8% 19 · £380k
Bungalows 8.3% 10 · £368k
Other homes 6.7% 8 · £272k

How many bedrooms

share, count and typical price
1 bedroom 10.0% 12 · £120k
2 bedrooms 30.0% 36 · £210k
3 bedrooms 44.2% 53 · £280k
4 bedrooms 10.8% 13 · £400k
5+ bedrooms 5.0% 6 · £640k

Price bands

120 homes
Under £190k 20.0% 24
£190k – £240k 20.0% 24
£240k – £280k 20.8% 25
£280k – £330k 20.0% 24
£330k and over 19.2% 23

Houses and flats compared

HousesFlats
Share of homes for sale75%18%
Typical asking price£277k£147k
Average bedrooms3.11.5
Typical time to sell3 months11 weeks
Typical sold price£275k£148k

Asking prices over time

typical asking price of the homes first listed each quarter · −5.5% since 2024 Q4 Median asking price per quarter in Shepton Mallet 2024 Q4: £275k (64 new listings) £275k 2024 Q4 2025 Q1: £260k (81 new listings) £260k 2025 Q1 2025 Q2: £280k (97 new listings) £280k 2025 Q2 2025 Q3: £260k (71 new listings) £260k 2025 Q3 2025 Q4: £260k (49 new listings) £260k 2025 Q4 2026 Q1: £280k (73 new listings) £280k 2026 Q1 2026 Q2: £247k (92 new listings) £247k 2026 Q2 2026 Q3: £260k (91 new listings) £260k 2026 Q3

Schools in Shepton Mallet

3 primary · 1 secondary · 100% rated good or outstanding
  • Whitstone secondary · Good
  • St Paul's Church of England VC Junior School primary · Good
  • Shepton Mallet Community Infants' School & Nursery primary · Good
  • Bowlish Infant School primary · Good

Based on 120 homes for sale on Houses now, 281 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.

Frequently asked questions about buying in Shepton Mallet

What is the average house price in Shepton Mallet?

The average home for sale in Shepton Mallet is priced at £275,000. A typical home, the one in the middle of the range, is £265,000. This is based on the 120 homes for sale on Houses right now.

How much does a 2 or 3 bedroom home cost in Shepton Mallet?

A typical 2-bedroom home in Shepton Mallet costs £210,000 and a 3-bedroom home £280,000. So the extra bedroom adds about £70,000. 1-bedroom homes start at around £120,000, and 4-bedroom homes are about £400,000.

What price range should I expect in Shepton Mallet?

Most homes in Shepton Mallet are priced between £110,000 and £648,000, leaving out the very cheapest and most expensive. One in five costs less than £190,000, and one in five £330,000 or more.

How many homes are for sale in Shepton Mallet?

There are 119 homes for sale in Shepton Mallet on Houses right now, plus 15 already under offer. 26 new listings came onto the market in the last 30 days.

Are house prices going up in Shepton Mallet?

No, they are falling. Homes put up for sale in Shepton Mallet over the last 12 months were advertised at a typical £260,000, 4.8% lower than the year before (£273,000). By size, 1-bedroom homes are down 27%, 2-bedroom homes are up 10% and 3-bedroom homes are down 4%.

How long does it take to sell a home in Shepton Mallet?

Homes usually sell or come off the market within about 3 months. About 28% go within the first month, and a quarter take longer than about 6 months. Flats go faster, in about 11 weeks against about 3 months for houses.

What do homes actually sell for in Shepton Mallet?

In the year to July 2026, 158 homes sold in Shepton Mallet at a typical price of £263,000, according to HM Land Registry. Houses sold for about £275,000 and flats for about £148,000.

What rental yield can I get in Shepton Mallet?

Around 3.9% gross. That compares a typical rent of £850 a month with a typical sold price of £263,000. Running costs, voids and mortgage interest are not taken off.

What type of homes are for sale in Shepton Mallet?

Terraced houses are the most common, about a third of homes for sale in Shepton Mallet. Flats and apartments come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £147,000, and detached houses the most expensive, at about £380,000.

Are homes in Shepton Mallet freehold or leasehold?

About three quarters of homes for sale in Shepton Mallet are freehold and the rest leasehold, which is mostly flats.

What are the schools like in Shepton Mallet?

There are 3 primary and 1 secondary schools in Shepton Mallet. 100% of those inspected by Ofsted were rated good or outstanding.