58Alpha

Shelby County, IN Housing Market Brief

county · IN · as of May 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%
-3.450
Inventory Health25%
-3.356
Affordability20%
59
Economic Strength20%
67
Rental Yield15%
57

Where is Shelby County, IN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

Shelby County, IN housing market data

MetricValueYoY
Median Sale Price$240K▲ +6.7%
Median Days on Market33 days▲ +153.9%
Months of Supply2.0-20%
Homes for Sale105-6.2%
Homes Sold53▲ +20.5%
Median Price / Sq Ft$133-3.3%
Sale-to-List Ratio97.8%-0.3%

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

Now: 58
3-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 May 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 $240K, having risen 6.7% over the past year.

How affordable is Shelby County, IN?

Shelby County, IN scores 59 out of 100 on affordability — moderately 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 Economic Strength (67/100) and its weakest is Price Momentum (50/100). 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.