Housing in Shelbyville, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$192,450
Median List Price
$212,500
Price Per Sq Ft
$106
Days on Market
69
Active Inventory
57
Months of Supply
3.6
Seller's market
Zillow Home Value
$217,794
ZHVI — January 2026
Zillow Rent Index
$1,266
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
6.3%
Off Market in 2 Weeks
19.4%
Sale-to-List Ratio
95.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
16
New Listings
18
Pending Sales
31
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$106
Median List $/SF
$97
Shelbyville vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Shelbyville is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$151,100
Median Rent
$970
Total Housing Units
9,128
Vacancy Rate
9.6%
Owner Occupied
57.4%
Renter Occupied
42.6%
Median Property Tax
$1,291
per year
Monthly Cost (w/ Mortgage)
$947
Housing Types
The current median sale price in Shelbyville, IN is $192,450 according to Redfin data. Homes spend a median of 69 days on the market. 6.3% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $106. Zillow's observed rent index is $1,266/month. About 57.4% of housing units are owner-occupied. The median year homes were built is 1970. There are 9,128 total housing units.