The Shelbyville, IN housing market is a strong buyer's market, scoring 27 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 159 homes for sale and 17.7 months of supply. Homes in Shelbyville, IN sold for a median of $194,000, or $139 per square foot. The typical home goes under contract in 54 days, sales close at 99.0% of asking price and 22.2% of homes sell above list. 20.8% of active Shelbyville, IN listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-08-25 and are based on 14 recorded sales and 159 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 2016 S Riley Hwy, Shelbyville | 3/2,190 | $248,000 | 2026-07-31 |
| 1550 Aster Dr, Shelbyville | 4/2,346 | $321,600 | 2026-07-31 |
| 2311 Bear Oak Run, Shelbyville | 3/2,308 | $319,990 | 2026-07-30 |
| 150 E Pennsylvania St, Shelbyville | 3/1,262 | $185,900 | 2026-07-30 |
| 1787 W 250 S, Shelbyville | 2/1,100 | $194,000 | 2026-07-29 |
| 404 W Franklin St, Shelbyville | 3/1,275 | $155,000 | 2026-07-29 |
| 2336 Steeple Chase, Shelbyville | 2/1,496 | $225,000 | 2026-07-29 |
| 116 E Pennsylvania St, Shelbyville | 3/1,336 | $180,000 | 2026-07-29 |
Shelbyville, IN is currently a strong buyer's market, at 27 out of 100 on our buyer-to-seller scale, which blends months of supply, sale-to-list price, days on market and the share of listings with price cuts. There are 17.7 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Shelbyville, IN sold for $194,000 over the last 30 days.
Homes in Shelbyville, IN take a median of 54 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 54 days is worth a second look on price.
Homes in Shelbyville, IN close at a median of 99.0% of their asking price, and 22.2% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 159 homes actively for sale in Shelbyville, IN, about 17.7 months of supply at the current sales pace.