Shelby County, IN Home Values & Market Trends
The median home price in Shelby County, IN is $215,494. There were 743 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 $200,063. The number of current listings in Shelby County, IN is 603, and the percentage of properties for sale is 603.00%. The county has 70 foreclosures, 3 bank owned properties, 15 headed for auction, and 603 properties for sale.
Shelby County, IN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Shelbyville | $ 211,128 $ 136/sqft | Flat Rock | $ 179,278 $ 156/sqft |
| Fairland | $ 235,100 $ 170/sqft | Waldron | $ 216,341 $ 133/sqft |
| Morristown | $ 252,327 $ 139/sqft | Boggstown | $ 184,890 $ 192/sqft |
| Fountaintown | $ 287,634 $ 183/sqft | Gwynneville | $ 127,753 $ 84/sqft |
Housing Market Summary for Shelby County, IN
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $249K | $260K | 4.42% |
| Median Sold Price | $211.1K | $215K | 1.82% |
| Homes For Sale | 390 | 602 | 54.36% |
| Homes Sold | 376 | 291 | -22.61% |
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 $22,371 to $1,950,000. Fountaintown is the priciest city with a median listing home price of $359,000, and Flat Rock is most affordable with average house prices of around $240,000.
- Pre-ForeclosurePre-foreclosure homes account for 5.05% of all residential properties in Shelby County, IN with Shelbyville containing 40 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 $326,921 in Morristown to the lowest home value of $82,749 in Fairland.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Shelby County, IN ranges from the highest value of $84,900 in Flat Rock to the lowest value of $74,900 in Shelbyville. Bank owned homes and properties account for 0.29% 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 11 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 1.46% 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 $384,642 in Fountaintown to the lowest value of $71,931 in Fountaintown.
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More Real Estate Resources for Shelby County, IN
Guide for Shelby County, IN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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