Houses for sale in Shepton Mallet, Somerset
There are 108 results for Shepton Mallet, Somerset. Property prices in Shepton Mallet range from £132k to £665k with an average price of £277k.
Properties for sale in Shepton Mallet, Somerset
3 Bedrooms
2 Bathrooms
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Property market in Shepton Mallet
What's for sale
113 homes · share, count and typical priceHow many bedrooms
share, count and typical pricePrice bands
113 homesHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes for sale | 75% | 19% |
| Typical asking price | £283k | £145k |
| Average bedrooms | 3.1 | 1.5 |
| Typical time to sell | 3 months | 10 weeks |
| Typical sold price | £274k | £145k |
| Gross rental yield | 5.3% | 7.3% |
Asking prices over time
typical asking price of the homes first listed each quarter · −5.5% since 2024 Q4Prices in and around Shepton Mallet
typical asking price, cheapest first- Cannard's Grave £155k
- Shepton Mallet £270k
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 113 homes for sale on Houses now, 286 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 Aug 2026 (Crown copyright). Schools: Ofsted. Updated November 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 £270,000. This is based on the 113 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 £284,000. So the extra bedroom adds about £74,000. 1-bedroom homes start at around £130,000, and 4-bedroom homes are about £392,000.
What price range should I expect in Shepton Mallet?
Most homes in Shepton Mallet are priced between £113,000 and £658,000, 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 108 homes for sale in Shepton Mallet on Houses right now, plus 14 already under offer. 23 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, 3.7% lower than the year before (£270,000). By size, 1-bedroom homes are down 25% and 2-bedroom homes are up 10%.
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 27% go within the first month, and a quarter take longer than about 6 months. Flats go faster, in about 10 weeks against about 3 months for houses.
What do homes actually sell for in Shepton Mallet?
In the year to August 2026, 149 homes sold in Shepton Mallet at a typical price of £257,000, according to HM Land Registry. Houses sold for about £274,000 and flats for about £145,000. Asking prices today are a little higher, at £270,000, as sellers usually ask above what homes finally sell for.
What rental yield can I get in Shepton Mallet?
About 7.3% gross for flats and 5.3% for houses. That compares typical rents with what flats and houses actually sold for in Shepton Mallet over the last year. 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 £145,000, and detached houses the most expensive, at about £378,000.
Where are the cheapest places to buy near Shepton Mallet?
Of the areas around Shepton Mallet, Cannard's Grave is the cheapest, with a typical asking price of £155,000. Shepton Mallet itself is £270,000.
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.