Shelbyville, KY Home Values & Market Trends

Real estate market trends reflect that there have been 324 transactions over the past year in Shelbyville. The median value for residential home transactions that occurred over the previous year is $235,451.39. The number of current listings in Shelbyville is 20, and the percentage of properties for sale in the city is 20.00%. Shelbyville, KY currently has 3 properties in foreclosure, 2 bank owned properties, 1 properties headed for auction, and 20 properties for sale.

Shelbyville, KY Real Estate Market Overview

ZipMedian Est. Value
40065

$ 298,621

$ 151/sqft

Housing Market Summary for Shelbyville, KY

Apr 2023March 2024Change
Median Listing Price$317.5K$268.1K-15.57%
Median Sold Price$260.1K$268.1K3.08%
Homes For Sale2419-20.83%
Homes Sold1381465.80%
Price
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Homes For Sale
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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 Shelbyville, KY

Shelbyville home values range from $20,967 to $1,279,769. The median estimated value of a home in Shelbyville is $235,451.39. The median list price of a home is 307,400, and the total count of properties in the city is 8,236.

Foreclosure
There is 1 zips within Shelbyville, KY; within this zips, the median estimated home value for homes in foreclosure ranges from $173,708 in 40065 to the lowest value of $31,491 in 40065. Foreclosure homes account for 0.00% of properties in Shelbyville, KY with 40065 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Shelbyville, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Shelbyville, KY; of that zips, 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 Shelbyville, KY ranges from the highest value of $173,708 in 40065 to the lowest value of $124,556 in 40065. Bank owned homes and properties account for 0.02% of properties in Shelbyville, KY. There is 1 zips within Shelbyville, KY; 40065 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    40065 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Shelbyville, KY. Auction homes and other auction properties account for 0.01% of all properties in Shelbyville, KY. There is 1 zips within Shelbyville, KY; of that zips, the median estimated home value for homes going to auction ranges from $31,491 in 40065 to the lowest value of $31,491 in 40065.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.24% of residential properties in Shelbyville, KY with 40065 containing 20 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Shelbyville, KY; homes for sale in that zips, have a range of median values from $525,003 in 40065 to the lowest value of $73,430 in 40065.
    Sold Homes
    The median value for recently sold homes ranges from $754,231 in 40065 to the lowest price of $21,137 in 40065. There is 1 zips within Shelbyville, KY. 40065 has 154 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.87% of properties in Shelbyville, KY.

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      Guide for Shelbyville, KY

      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      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.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Recently Listed Homes Shelbyville, KY

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