Shelby, IN Real Estate Market Summary – September 7, 2026
In Shelby, IN, a total of 27 homes were sold in the last 30 days, with an average living area of 2,007 square feet. The homes typically took about 17 days to go under contract, with a median sale price of $240,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 27 |
| Sold Per Day | 1 every 1.11 days |
| Average SQFT | 2007 |
| Median Sales Price | $240,000 |
| Average Sales Price | $253,185 |
| Average Price Per SQFT | $137 |
| Average Days on Market | 17 |
| Average Year Built | 1980 |
Shelby, IN Single Family Home Analysis
The single-family market segment saw 25 homes sold during this period, averaging 2,039 square feet in size. These homes had a median price of $240,000 and were on the market for about 17 days before going under contract.
| Metric | 30 Days |
|---|---|
| Number Sold | 25 |
| Sold Per Day | 1 every 1.20 days |
| Average SQFT | 2039 |
| Median Sales Price | $240,000 |
| Average Sales Price | $254,039 |
| Average Price Per SQFT | $135 |
| Average Days on Market | 17 |
| Average Year Built | 1979 |
Shelby, IN Condo & Townhome Analysis
In the condo and townhome segment, 2 units were sold, both averaging 1,605 square feet, and with a consistent median sale price of $242,500. These properties averaged 16 days on the market before finding a buyer.
| Metric | 30 Days |
|---|---|
| Number Sold | 2 |
| Sold Per Day | 1 every 15.00 days |
| Average SQFT | 1605 |
| Median Sales Price | $242,500 |
| Average Sales Price | $242,500 |
| Average Price Per SQFT | $151 |
| Average Days on Market | 16 |
| Average Year Built | 1996 |
Buyer & Seller Analysis
- Average listing duration was around 17 days.
- Median sale prices were $240,000 for single-family homes and $242,500 for condos.
- The overall pace of homes sold was 1 every 1.11 days.
- The data reflects sales activity from the past 30 days.
Conclusion
Overall, Shelby’s residential market demonstrates a consistent activity level with a decent turnover rate. Buyers and sellers alike can consider this data as they navigate the current housing landscape.