Current Price

$139,248

1 Month Forecast

â–² $151,564

1-Year Forecast *

â–² $161,855

5-Year Forecast *

â–² $182,006

"Is it a good time to buy homes in Shelbyville?" "Does investing in real estate in Shelbyville (Illinois State, Shelby County) worth it?" According to our live Forecast System, buying a house in Shelbyville is a good short-term (1-year) investment*. The Shelbyville average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Shelbyville" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Shelbyville in Illinois State, Shelby County. If you are looking for homes for sale with good flipping profit, Shelbyville can be a profitable property investment option. The median price of an average house in Shelbyville was 139,248 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Shelbyville" area is 182,006 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +30.71% meaning that investing 100000 USD today may yield a profit of 30,706 USD by 2031.

Current Median Listing Price: 139,248 USD Median Listing Price Per Square Foot: 77 USD

Shelbyville Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Shelbyville (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Shelbyville Price Target

Shelbyville median home price target in 12 months: $161,855* (upside of 16.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $149,284 $150,590 $149,284 $151,116
2024 $130,237 $139,248 $130,237 $139,248
2023 $128,752 $130,128 $127,079 $130,128
2022 $125,511 $129,617 $125,511 $131,448
2021 $112,834 $123,635 $112,834 $123,635
2020 $103,170 $111,422 $103,170 $111,422
2019 $92,910 $103,356 $92,541 $103,356
2018 $92,271 $93,150 $91,846 $93,179
2017 $91,779 $92,321 $89,276 $92,321
2016 $88,205 $91,875 $88,205 $93,584
2015 $87,027 $87,754 $85,523 $87,754
2014 $83,161 $86,728 $83,161 $86,728
2013 $83,560 $83,060 $83,060 $85,329
2012 $81,935 $82,677 $81,748 $82,677

Questions & Answers about the Shelbyville Housing Market Forecast

How much does an average home cost in Shelbyville today?

The value of an average home (the listing price) in Shelbyville is $139,248 USD.

What is the average price per square foot in Shelbyville?

According to Walletinvestor the median price per square foot in Shelbyville is 77 USD.

Will the median listing price of homes in Shelbyville grow / rise / go up?

Yes. The Shelbyville home prices may rise from 139,248 USD to 161,855 USD in one year.

Is it profitable to invest in Shelbyville homes?

Yes. The long-term profit potential is +16.24% in one year.

Will Shelbyville house prices fall / drop?

No. See above.

What is the predicted price of a Shelbyville home in 2030?

The predicted home sales price of a Shelbyville home in 2030 in Shelbyville is 174,042 USD.

What is the predicted price of a Shelbyville home in 2035?

The predicted home sales price of a Shelbyville home in 2035 in Shelbyville is 205,728 USD.

Will real estate prices decrease in Shelbyville?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Shelbyville is the 7084. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Shelby, Shelbyville decreased, looking at the past 12 months.

According to Walletinvestor's Shelbyville real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.680% to 139,248 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 15.385% in 2021
  • 16.505% in 2022
  • 18.035% in 2023
  • 16.555% in 2024
  • 17.795% in 2025
  • 17.285% in 2026

Based on our Shelbyville real estate market research and report the predicted sales prices will increase by 350.163% in the next 10 years.

Over the last 12 months, the value of homes in Shelbyville fluctuated: increasing 1 times and decreasing 3 times.

Shelbyville (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Shelbyville Housing Market Forecast with Real Estate Prices for 2025
August 2025 151564 141409 161719
September 2025 152535 143383 161687
October 2025 153522 143389 163654
November 2025 154515 139836 169194
December 2025 155213 144659 165768
Shelbyville Housing Market Forecast with Real Estate Prices for 2026
January 2026 155713 144501 166924
February 2026 156720 142302 171138
March 2026 157734 143695 171772
April 2026 158754 144308 173201
May 2026 159781 145721 173842
June 2026 160815 150844 170785
July 2026 161855 149716 173994
August 2026 162902 149707 176098
September 2026 163910 153748 174073
October 2026 164251 151932 176570
November 2026 164039 149275 178802
December 2026 163342 153051 173633
Shelbyville Housing Market Forecast with Real Estate Prices for 2027
January 2027 162745 147935 177554
February 2027 162565 154437 170693
March 2027 162409 152827 171992
April 2027 161964 146091 177836
May 2027 161247 151733 170760
June 2027 160533 144801 176265
July 2027 159822 145278 174366
August 2027 159816 145432 174199
September 2027 160778 145343 176213
October 2027 161633 152743 170523
November 2027 161876 150545 173207
December 2027 161800 147400 176200
Shelbyville Housing Market Forecast with Real Estate Prices for 2028
January 2028 161904 149437 174370
February 2028 162532 150504 174559
March 2028 163163 154515 171810
April 2028 163650 153177 174124
May 2028 163787 148555 179020
June 2028 164409 152736 176082
July 2028 165473 150249 180696
August 2028 166543 153053 180033
September 2028 167621 157396 177846
October 2028 168461 160038 176884
November 2028 168210 153744 182676
December 2028 167976 156218 179734
Shelbyville Housing Market Forecast with Real Estate Prices for 2029
January 2029 168066 153445 182688
February 2029 169093 155904 182283
March 2029 170187 157934 182441
April 2029 171288 155872 186704
May 2029 172397 162570 182223
June 2029 173512 159804 187219
July 2029 174042 158030 190054
August 2029 174370 158328 190412
September 2029 174162 160752 187573
October 2029 174077 159281 188874
November 2029 173763 161947 185578
December 2029 174887 161945 187828
Shelbyville Housing Market Forecast with Real Estate Prices for 2030
January 2030 176007 160342 191672
February 2030 177146 165986 188306
March 2030 178292 167238 189346
April 2030 179098 166561 191634
May 2030 179674 169971 189376
June 2030 180836 163114 198558
July 2030 182006 169084 194929
August 2030 183184 166331 200036
September 2030 184369 171463 197274
October 2030 185561 173685 197437
November 2030 186762 173689 199835
December 2030 187970 176128 199812
Shelbyville Housing Market Forecast with Real Estate Prices for 2031
January 2031 189133 171733 206533
February 2031 189526 175312 203741
March 2031 189281 171678 206885
April 2031 188477 170383 206571
May 2031 187788 175770 199806
June 2031 187581 170699 204463
July 2031 187401 174658 200145
August 2031 186887 168946 204828
September 2031 186060 174710 197409
October 2031 185236 168565 201907
November 2031 184416 170953 197878
December 2031 184408 167074 201743
Shelbyville Housing Market Forecast with Real Estate Prices for 2032
January 2032 185519 171605 199433
February 2032 186505 175315 197696
March 2032 186786 172590 200981
April 2032 186698 174376 199020
May 2032 186818 174301 199334
June 2032 187542 178165 196919
July 2032 188270 178292 198249

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.