Shelby County, IN Home Values & Market Trends
The median home price in Shelby County, IN is $200,895.85. There were 1,172 home sales in Shelby County, IN over the past 12 months. The median residential Shelby County, IN home value for transactions over the previous year is $143,000. The number of current listings in Shelby County, IN is 20, and the percentage of properties for sale is 20.00%. The county has 43 foreclosures, 3 bank owned properties, 3 headed for auction, and 20 properties for sale.
Shelby County, IN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Shelbyville | $ 180,638 $ 110/sqft | Boggstown | $ 400,000 $ 216/sqft |
| Fairland | $ 269,075 $ 163/sqft | Flat Rock | $ -- $ -- |
| Morristown | $ 184,926 $ 134/sqft | Gwynneville | $ -- $ -- |
| Fountaintown | $ 415,000 $ 146/sqft | Waldron | $ -- $ -- |
Housing Market Summary for Shelby County, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $170K | $178.8K | 5.21% |
| Median Sold Price | $189.7K | $178.8K | -5.70% |
| Homes For Sale | 15 | 19 | 26.67% |
| Homes Sold | 163 | 414 | 153.99% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in Shelby County, IN
Shelby County, IN home values range from $18,824 to $8,403,907. Fountaintown is the priciest city with a median listing home price of $415,000, and Shelbyville is most affordable with average house prices of around $204,900.
- Pre-ForeclosurePre-foreclosure homes account for 0.25% of all residential properties in Shelby County, IN with Shelbyville containing 25 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Shelby County, IN; of those cities, the estimated home value for pre-foreclosure homes ranges from $261,759 in Morristown to the lowest home value of $67,227 in Shelbyville.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Shelby County, IN ranges from the highest value of $159,536 in Shelbyville to the lowest value of $141,130 in Fountaintown. Bank owned homes and properties account for 0.02% of properties in Shelby County, IN. There are 8 cities within Shelby County, IN; Shelbyville containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsShelbyville has 3 auction properties, the highest number of properties going to auction in a single city in the state of Shelby County, IN. Auction homes and other auction properties account for 0.02% of all properties in Shelby County, IN. There are 8 cities within Shelby County, IN; of those cities, the median estimated home value for homes going to auction ranges from $236,090 in Shelbyville to the lowest value of $171,918 in Shelbyville.
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Guide for Shelby County, IN
Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.
The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.