Shelby County, IN Housing Market

$240,480

3.1% 1-yr

The average Shelby County, IN home value is $240,480, up 3.1% over the past year and goes to pending in around 14 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Shelby County Key Takeaways

Typical Home Values: $240,480

1-year Value Change: +3.1%

(Data through August 31, 2025)

Shelby County Housing Market Overview

--1-year Market Forecast

131For sale inventory(August 31, 2025)

54New listings(August 31, 2025)

0.994Median sale to list ratio(July 31, 2025)

$210,083Median sale price(July 31, 2025)

$261,067Median list price(August 31, 2025)

18.7%Percent of sales over list price(July 31, 2025)

51.1%Percent of sales under list price(July 31, 2025)

14Median days to pending(August 31, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Cities in Shelby County

NameMedian ZHVI
Shelbyville$222,272
Boggstown$297,782
Waldron$238,157
Fairland$269,361
Needham$379,657
Manilla$226,015
Fountaintown$311,999
Flat Rock$249,655
Morristown$266,794

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Shelby County Homes for Sale

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Shelby County Rental Market Trends

$1,131Average rent in Shelby County(August 31, 2025)

$2,007National average rent(August 31, 2025)

9.6%Month-over-month change(August 31, 2025)

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.