Shelby County, IN Housing Market Brief
county · IN · score computed October 2026
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.
Population band 4 of 5 (population 39,232–102,612) · comparable within its band
Where is Shelby County, IN in its market cycle?
Shelby County, IN 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, IN?
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, IN housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $229K | ▼ -8.5% | Redfin |
| Median Days on Market | 41 days | ▼ -2.4% | Redfin |
| Months of Supply | 2.8 | ▲ +21.7% | Redfin |
| Homes for Sale | 152 | ▲ +23.6% | Redfin |
| Homes Sold | 55 | ▲ +1.9% | Redfin |
| Median Price / Sq Ft | $137 | ▲ +2.9% | Redfin |
How has Shelby County, IN’s Alpha Score moved?
Markets like Shelby County, IN
Frequently asked questions
Is Shelby County, IN a buyer's or seller's market?
In the scores computed October 2026, Shelby County, IN is classified as a Seller's Market, based on its Alpha Score of 66 out of 100. The classification reflects current price, building, 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 $229K, having fallen 8.5% over the past year, according to Redfin.
How affordable is Shelby County, IN?
Shelby County, IN scores 49 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 Price Momentum (80/100) and its weakest is Rental Yield (49/100). 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.