63Alpha

Shelby County, IL Housing Market Brief

county · IL · as of August 2026

Seller's

What is Shelby County, IL’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-14.843
Inventory Health25%
-4.054
Affordability20%
+0.796
Economic Strength20%
36
Rental Yield15%
+0.994

Where is Shelby County, IL in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Shelby County, IL is classified as Growing strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Shelby County, IL housing market data

MetricValueYoY
Median Sale Price$142K-17.6%
Median Days on Market46 days▲ +109.1%
Months of Supply4.7▲ +9.3%
Homes for Sale52▲ +23.8%
Homes Sold12▲ +20%
Median Price / Sq Ft$103▲ +4.6%

How has Shelby County, IL’s Alpha Score moved?

Now: 63
12-period trend
Median sale price · 12 mo

Markets like Shelby County, IL

Frequently asked questions

Is Shelby County, IL a buyer's or seller's market?

As of August 2026, Shelby County, IL is classified as a Seller's Market, based on its Alpha Score of 63 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Shelby County, IL?

The median sale price in Shelby County, IL is $142K, having fallen 17.6% over the past year.

How affordable is Shelby County, IL?

Shelby County, IL scores 96 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Shelby County, IL's Alpha Score?

Shelby County, IL's strongest dimension is Affordability (96/100) and its weakest is Economic Strength (36/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Shelby County, IL? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.