47Alpha

Shelby County, KY Housing Market Brief

county · KY · score computed October 2026

Balanced

What is Shelby County, KY’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%
●52
Inventory Health25%
●84

Population band 4 of 5 (population 39,232–102,612) · comparable within its band

Affordability20%
●24
Economic Strength20%
●41
Rental Yield15%
●14

Where is Shelby County, KY in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Shelby County, KY is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Shelby County, KY?

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, KY housing market data

MetricValueYoYSource
Median Sale Price$353K▲ +6.5%Redfin
Median Days on Market44 days▼ -2.2%Redfin
Months of Supply2.6▲ +13%Redfin
Homes for Sale172▲ +8.9%Redfin
Homes Sold66▼ -2.9%Redfin
Median Price / Sq Ft$181▼ -2.4%Redfin

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

Now: 47
2-period trend
Median sale price · 12 mo

Markets like Shelby County, KY

Frequently asked questions

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

In the scores computed October 2026, Shelby County, KY is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

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

The median sale price in Shelby County, KY is $353K, having risen 6.5% over the past year, according to Redfin.

How affordable is Shelby County, KY?

Shelby County, KY scores 24 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

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

Shelby County, KY's strongest dimension is Inventory Health (84/100) and its weakest is Rental Yield (14/100). The Alpha Score is a weighted blend of all five dimensions.

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