41Alpha

Shelby County, KY Housing Market Brief

county · KY · as of May 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%
-4.835
Inventory Health25%
-6.152
Affordability20%
28
Economic Strength20%
-3.044
Rental Yield15%
44

Where is Shelby County, KY in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

Shelby County, KY housing market data

MetricValueYoY
Median Sale Price$320K-1.5%
Median Days on Market23 days-48.9%
Months of Supply2.4-11.1%
Homes for Sale137▲ +17.1%
Homes Sold57▲ +32.6%
Median Price / Sq Ft$185▲ +0.6%
Sale-to-List Ratio97.3%-0.8%

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

Now: 41
3-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?

As of May 2026, Shelby County, KY is classified as a Balanced Market, based on its Alpha Score of 41 out of 100. The classification reflects current price, inventory, 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 $320K, having fallen 1.5% over the past year.

How affordable is Shelby County, KY?

Shelby County, KY scores 28 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 (52/100) and its weakest is Affordability (28/100). 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.