Shelbyville, IN Real Estate Market Summary – September 7, 2026
In Shelbyville, IN, there were a total of 27 homes that changed ownership in the last 30 days. The average living area of these homes was approximately 2,007 square feet, and they had a median living area of about 1,827 square feet. The average sale price was $253,185 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 |
Shelbyville, IN Single Family Home Analysis
The single-family homes segment had 25 transactions during this period, with an average living area of 2,039 square feet and a median of 1,846 square feet. Homes in this category averaged a sale price of $254,039 and a median sale price of $240,000, with an average of 17 days on the market.
| 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 |
Shelbyville, IN Condo & Townhome Analysis
For condo and townhome properties, 2 homes were sold with both the average and median living area at 1,605 square feet. The average sale price for these properties was $242,500, and they were on the market for an average of 15 days before selling.
| 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
- Pace of 1 every 1.11 days for the overall market.
- Homes spent an average of 17 days on the market before being sold.
- Average sale prices are around $253,185 overall.
- There are only 2 condo/townhome transactions with a distinct pace of 1 every 15.00 days.
Conclusion
Overall, Shelbyville’s market shows consistent activity with a strong turnover rate. This may reflect ongoing interest in homes within the city, particularly in the single-family segment.