Shelby County, IA Home Values & Market Trends
The median home price in Shelby County, IA is $184,995. There were 169 home sales in Shelby County, IA over the past 12 months. The median residential Shelby County, IA home value for transactions over the previous year is $162,500. The number of current listings in Shelby County, IA is 129, and the percentage of properties for sale is 129.00%. The county has 2 foreclosures, 0 bank owned properties, 0 headed for auction, and 129 properties for sale.
Shelby County, IA Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Harlan | $ 185,610 $ 135/sqft | Irwin | $ 91,516 $ 91/sqft |
| Shelby | $ 273,613 $ 176/sqft | Kirkman | $ 213,863 $ 134/sqft |
| Elk Horn | $ 170,470 $ 102/sqft | Westphalia | $ 131,338 $ 119/sqft |
| Defiance | $ 129,547 $ 103/sqft | Panama | $ 249,900 $ 160/sqft |
| Earling | $ 156,774 $ 106/sqft | Portsmouth | $ 459,058 $ 277/sqft |
Housing Market Summary for Shelby County, IA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $218.5K | $218.5K | - |
| Median Sold Price | $210.9K | $164.9K | -21.80% |
| Homes For Sale | 120 | 122 | 1.67% |
| Homes Sold | 25 | 69 | 176.00% |
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
Explore recent offers and recently sold homes in Shelby County, IA
Browse Homes in Shelby County, IA
Shelby County, IA home values range from $15,000 to $646,130. Panama is the priciest city with a median listing home price of $240,000, and Defiance is most affordable with average house prices of around $62,450.
- Pre-ForeclosurePre-foreclosure homes account for 0.90% of all residential properties in Shelby County, IA with Defiance containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 10 cities within Shelby County, IA; of those cities, the estimated home value for pre-foreclosure homes ranges from $192,950 in Defiance to the lowest home value of $163,478 in Harlan.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Shelby County, IA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Shelby County, IA. There are 10 cities within Shelby County, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of Shelby County, IA. Auction homes and other auction properties account for 0% of all properties in Shelby County, IA. There are 10 cities within Shelby County, IA; of those cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Shelby County, IA






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