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Shelby County, KY home prices

Shelby County, KY: the typical home is worth $328,713 as of 2026-05, down -1.3% over the past year and n/a since 2000. Listings run about $192/sq ft…

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

Shelby County is falling and fairly valued — very affordable for what people here earn.

Momentum-1.3%Falling
Valuation+7%Fair value
Affordability8/10Very affordable
Market45 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1986: $97,132 → 2026: $328,713 (3.4×) pre-2000 estimated via FHFA index

Typical value$328,7132026-05
1-year-1.3%
5-year+18.9%
10-year+71.5%
Since 2000n/a
Population50k2024
Median income$76,6932023 · 4.3× income
Median rent$1,562/mo2026 · 5.7% gross yield
New homes/yr2372024
Price / sq ft$192listings
Days on market452026-06
Active listings1112026-06
Price cuts20%of listings

Market read

At $328,713, homes in Shelby County sit 81% above the Kentucky median ($181,510) and 41% above the US median ($233,954). That ranks #8 of 120 Kentucky counties by price.

Prices are cooling (-1.3% in the last year) — leaning buyer's market.

Homes here move at a steady pace — a median 45 days on the market, with 20% of listings cutting their asking price.

At 4.3× local income, that's pricier 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 — ~$1,623/mo to buy (P&I, 20% down) vs $1,562/mo to rent.

Home value history

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

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Nearby counties

Spencer County, KY ($378,789) · Henry County, KY ($255,483) · Oldham County, KY ($452,107) · Franklin County, KY ($247,744) · Anderson County, KY ($265,543) · Jefferson County, KY ($269,403)

Frequently asked questions

What is the average home price in Shelby County, KY?
The typical home in Shelby County is worth $328,713 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Shelby County rising or falling?
Prices are down -1.3% over the past year and n/a since 2000 — a buyer's market.
Is Shelby County affordable?
At 4.3× the local median income of $76,693, Shelby County is pricier than the typical US county.
What is the rental yield in Shelby County?
Median rent is $1,562/mo — a gross rental yield of 5.7% on the typical home.
How fast do homes sell in Shelby County?
Homes here take a median of 45 days to sell, with 20% of listings cutting their asking price.
Median home value by year
YearMedian home value
2008$195,487
2009$192,242
2010$187,179
2011$169,918
2012$169,667
2013$168,697
2014$174,172
2015$182,961
2016$191,014
2017$205,803
2018$206,442
2019$224,439
2020$237,405
2021$272,675
2022$308,198
2023$311,149
2024$316,327
2025$333,596
2026$329,690