Home Values

Shelbyville Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Shelbyville is $104, which is higher than the Louisville/Jefferson County Metro average of $103. The median price of homes currently listed in Shelbyville is $189,900 while the median price of homes that sold is $156,735. The median rent price in Shelbyville is $800, which is lower than the Louisville/Jefferson County Metro median of $809.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Shelbyville is 5.6%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Shelbyville homeowners underwater on their mortgage is 14.5%.

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Relative ZHVI
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Shelbyville Market Overview

Data through Nov 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $189,900 Median listing price
  • $156,735 Median sale price (Oct 31, 2014)
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Shelbyville Market Health

Data through Nov 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 14.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Fisherville $284,900
 
 

Listings & Sales

Data through Nov 30, 2014
  • $104 Median list price / sq ft
  • $104 Median sale price / sq ft (Sep 30, 2014)
  • No data Listings with price cut
15.5%
Sold below listing
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Shelbyville Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,195 Shelbyville
    $1,039 Louisville/Jefferson County Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $800 Rent list price (Sep 30, 2014)
  • $0.67 Rent list price / sq ft (Sep 30, 2014)
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