58Alpha

Shelby County, IN Housing Market Brief

county · IN · as of August 2026

Balanced

What is Shelby County, IN’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%
49
Inventory Health25%
-8.948
Affordability20%
+2.475
Economic Strength20%
67
Rental Yield15%
-24.253

Where is Shelby County, IN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Shelby County, IN 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.

What’s the forecast for Shelby County, IN?

Our model forecasts Shelby County, IN’s home prices to rise about 6.9% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Shelby County, IN housing market data

MetricValueYoY
Median Sale Price$243K▲ +5.7%
Median Days on Market28 days▲ +64.7%
Months of Supply2.8-3.4%
Homes for Sale137▲ +10.5%
Homes Sold50▲ +13.6%
Median Price / Sq Ft$136-0.7%

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

Now: 58
12-period trend
Median sale price · 12 mo

Markets like Shelby County, IN

Frequently asked questions

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

As of August 2026, Shelby County, IN is classified as a Balanced Market, based on its Alpha Score of 58 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in Shelby County, IN is $243K, having risen 5.7% over the past year.

How affordable is Shelby County, IN?

Shelby County, IN scores 75 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

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

Shelby County, IN's strongest dimension is Affordability (75/100) and its weakest is Inventory Health (48/100). The Alpha Score is a weighted blend of all five dimensions.

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