Shelby County, KY Home Values & Market Trends

The median home price in Shelby County, KY is $239,267.49. There were 414 home sales in Shelby County, KY over the past 12 months. The median residential Shelby County, KY home value for transactions over the previous year is $269,900. The number of current listings in Shelby County, KY is 34, and the percentage of properties for sale is 34.00%. The county has 7 foreclosures, 2 bank owned properties, 5 headed for auction, and 34 properties for sale.

Shelby County, KY Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Shelbyville

$ 298,621

$ 151/sqft

Waddy

$ 534,900

$ 339/sqft

Simpsonville

$ 680,000

$ 271/sqft

Finchville

$ 295,000

$ 219/sqft

Bagdad

$ 312,450

$ 123/sqft

Housing Market Summary for Shelby County, KY

Apr 2023March 2024Change
Median Listing Price$330K$268.6K-18.61%
Median Sold Price$275K$268.6K-2.33%
Homes For Sale3634-5.56%
Homes Sold1911941.57%
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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%.

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Browse Homes in Shelby County, KY

Shelby County, KY home values range from $20,823 to $2,299,999. Simpsonville is the priciest city with a median listing home price of $662,500, and Finchville is most affordable with average house prices of around $285,000.

Foreclosure
There are 5 cities within Shelby County, KY; within these cities, the median estimated home value for homes in foreclosure ranges from $307,871 in Shelbyville to the lowest value of $31,491 in Shelbyville. Foreclosure homes account for 0.00% of properties in Shelby County, KY with Shelbyville containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Shelby County, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Shelby County, KY; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Shelby County, KY ranges from the highest value of $173,708 in Shelbyville to the lowest value of $124,556 in Shelbyville. Bank owned homes and properties account for 0.02% of properties in Shelby County, KY. There are 5 cities within Shelby County, KY; Shelbyville containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Shelbyville has 5 auction properties, the highest number of properties going to auction in a single city in the state of Shelby County, KY. Auction homes and other auction properties account for 0.04% of all properties in Shelby County, KY. There are 5 cities within Shelby County, KY; of those cities, the median estimated home value for homes going to auction ranges from $307,871 in Shelbyville to the lowest value of $31,491 in Shelbyville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.29% of residential properties in Shelby County, KY with Shelbyville containing 20 homes for sale, the highest number of listed properties in a single city. There are 5 cities within Shelby County, KY; homes for sale in those cities, have a range of median values from $534,900 in Waddy to the lowest value of $73,430 in Shelbyville.
    Sold Homes
    The median value for recently sold homes ranges from $427,068 in Finchville to the lowest price of $21,137 in Finchville. There are 5 cities within Shelby County, KY. Shelbyville has 159 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.81% of properties in Shelby County, KY.

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      Guide for Shelby County, KY

      Market Reports
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
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      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 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.

      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Shelby County, KY

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