Shelbyville, IN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Shelbyville, IN is $231,000, up 7.6% year-over-year. Homes sell in an average of 74 days with 59 active listings. The market is currently a balanced market.
$231,000median sale price
Is Shelbyville a buyer's or seller's market?
Shelbyville, IN is currently a balanced market, based on 2.4 months of supply and homes selling in about 74 days. How we determine this →
Homes sold
25
Last 12 weeks
Days on market
74
Average pace
Active listings
59
2.4 months supply
Sale-to-list
96.5%
Below asking
Shelbyville, IN market data
| Metric | Value |
|---|---|
| Median sale price | $231,000 |
| Median list price | $212,500 |
| Year-over-year price change | +7.6% |
| Average days on market | 74 days |
| Active inventory | 59 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 96.5% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Shelbyville housing market is currently classified as a balanced market with a median sale price of $231,000. Prices have risen 7.6% compared to last year, with homes spending an average of 74 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Shelbyville
There are currently 59 homes listed for sale in Shelbyville, Indiana. The median listing price is $213K.
Active listings
59
Homes on market
Median list price
$213K
Avg. days on market
74
Days until sale
New this week
24
Newly listed
Top public schools in Shelbyville
11 schools tracked · 4,802 students
The largest public schools serving Shelbyville, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Shelbyville Sr High School
Grades 9-12 · 1,093 students
Shelbyville Middle School
Grades 6-8 · 881 students
William F Loper Elementary School
Grades K-5 · 640 students
Thomas A Hendricks Elementary Sch
Grades K-5 · 556 students
Coulston Elementary School
Grades K-5 · 434 students
Southwestern Elementary School
Grades PK-6 · 382 students
Golden Bear Preschool
Grades PK-K · 328 students
Southwestern High School
Grades 7-12 · 280 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Shelbyville?
The median home sale price in Shelbyville is $231,000, up 7.6% from last year.
How long do homes stay on market in Shelbyville?
Homes typically spend 74 days on market before going under contract.
Is Shelbyville a buyer's or seller's market?
With 2.4 months of supply, Shelbyville is currently a balanced market.
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