Shelby County, IN home prices

Shelby County, IN: the typical home is worth $245,339 as of 2026-05, down -0.2% over the past year and n/a since 2000. Listings run about $157/sq ft…

Data as of May 2026 · by the Real Estate Price Map data team · methodology & sources

1986: $54,649 → 2026: $245,339 (4.5×) pre-2000 estimated via FHFA index

Market read

At $245,339, homes in Shelby County sit 5% above the Indiana median ($234,016) and 5% above the US median ($233,954). That ranks #39 of 92 Indiana counties by price.

Prices are holding steady (-0.2% in the last year) — a balanced market.

Homes here move at a steady pace — a median 46 days on the market, with 28% of listings cutting their asking price.

At 3.4× local income, that's more affordable than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Rent and buy are close — ~$1,211/mo to buy (P&I, 20% down) vs $1,276/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

Nearby counties

Johnson County, IN ($317,414) · Rush County, IN ($217,836) · Hancock County, IN ($331,044) · Decatur County, IN ($260,719) · Bartholomew County, IN ($277,161) · Marion County, IN ($234,041)