Housing in Shelby, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — October 2025

Median Sale Price

$325,000

Median List Price

$290,995

Price Per Sq Ft

$112

Days on Market

97

Active Inventory

2

Months of Supply

2.0

Seller's market

Price Trends

Source: Redfin
Sale Price ↑ 281.2%List Price ↑ 142.5%Mar 24 → Oct 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

96.9%

Buyer's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

1

Homes Sold ↓ 50.0%New Listings ↑ 0.0%Pending ↑ 0.0%Mar 24 → Oct 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$112

Median List $/SF

$180

Sale $/SF ↑ 0.0%List $/SF ↑ 40.6%Mar 24 → Oct 25

Shelby vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Shelby is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$128,100

Median Rent

N/A

Total Housing Units

144

Vacancy Rate

0.0%

Owner Occupied

88.2%

Renter Occupied

11.8%

Median Property Tax

$493

per year

Monthly Cost (w/ Mortgage)

$373

Housing Types

Single Family
88.2%
Multi-Family
11.8%
Mobile Home
0.0%

The current median sale price in Shelby, IN is $325,000 according to Redfin data. Homes spend a median of 97 days on the market. 0.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $112. About 88.2% of housing units are owner-occupied. The median year homes were built is 1951. There are 144 total housing units.