63Alpha

Shelby County, IL Housing Market Brief

county · IL · score computed October 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%
●64
Inventory Health25%
●54

Population band 3 of 5 (population 20,431–39,126) · comparable within its band

Affordability20%
●91
Economic Strength20%
●34
Rental Yield15%
●79

Where is Shelby County, IL in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Shelby County, IL is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Shelby County, IL?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Shelby County, IL housing market data

MetricValueYoYSource
Median Sale Price$122K▼ -3.4%Redfin
Median Days on Market27 days▲ +8%Redfin
Months of Supply3.6▲ +80%Redfin
Homes for Sale55▲ +37.5%Redfin
Homes Sold15▼ -25%Redfin
Median Price / Sq Ft$76▼ -27.5%Redfin

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

Now: 63
2-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?

In the scores computed October 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, building, 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 $122K, having fallen 3.4% over the past year, according to Redfin.

How affordable is Shelby County, IL?

Shelby County, IL scores 91 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 (91/100) and its weakest is Economic Strength (34/100). 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.