Current Price

$211,423

1 Month Forecast

â–² $228,036

1-Year Forecast *

â–² $243,201

5-Year Forecast *

â–² $287,965

"Is it a good time to buy homes in Shelbyville?" "Does investing in real estate in Shelbyville (Indiana 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 Indiana 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 211,423 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Shelbyville" area is 287,965 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +36.20% meaning that investing 100000 USD today may yield a profit of 36,203 USD by 2031.

Current Median Listing Price: 211,423 USD Median Listing Price Per Square Foot: 117 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 (Indiana 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: $243,201* (upside of 15.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $222,994 $226,683 $222,994 $226,683
2024 $201,035 $211,423 $201,035 $211,423
2023 $192,236 $200,725 $191,838 $200,869
2022 $176,262 $193,115 $176,262 $194,256
2021 $152,916 $173,251 $152,916 $173,251
2020 $134,077 $150,373 $134,077 $150,373
2019 $127,189 $133,007 $127,189 $133,007
2018 $118,124 $125,932 $118,124 $125,932
2017 $110,239 $117,416 $110,239 $117,416
2016 $103,450 $109,885 $103,450 $109,885
2015 $100,160 $103,011 $100,110 $103,011
2014 $94,157 $99,989 $94,157 $99,989
2013 $89,976 $94,092 $89,533 $94,092
2012 $91,272 $90,330 $90,330 $91,830

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 $211,423 USD.

What is the average price per square foot in Shelbyville?

According to Walletinvestor the median price per square foot in Shelbyville is 117 USD.

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

Yes. The Shelbyville home prices may rise from 211,423 USD to 243,201 USD in one year.

Is it profitable to invest in Shelbyville homes?

Yes. The long-term profit potential is +15.03% 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 273,547 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 341,065 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 2193. largest city in the United States, located in Indiana 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 5.758% to 211,423 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 14.400% in 2021
  • 15.490% in 2022
  • 16.460% in 2023
  • 16.300% in 2024
  • 13.850% in 2025
  • 16.450% in 2026

Based on our Shelbyville real estate market research and report the predicted sales prices will increase by 305.619% in the next 10 years.

Over the last 12 months, the value of homes in Shelbyville fluctuated: increasing 5 times .

Shelbyville (Indiana) 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 228036 210021 246051
September 2025 229397 207604 251190
October 2025 230766 215766 245766
November 2025 232143 217286 247001
December 2025 233529 219984 247074
Shelbyville Housing Market Forecast with Real Estate Prices for 2026
January 2026 234923 211430 258415
February 2026 236165 212548 259781
March 2026 237480 216582 258379
April 2026 238898 223130 254665
May 2026 240323 218454 262193
June 2026 241758 223626 259890
July 2026 243201 220826 265575
August 2026 244652 232420 256885
September 2026 246112 223962 268262
October 2026 247581 230003 265159
November 2026 249059 229383 268735
December 2026 250545 230251 270840
Shelbyville Housing Market Forecast with Real Estate Prices for 2027
January 2027 251179 233095 269264
February 2027 251195 235872 266518
March 2027 251086 235267 266904
April 2027 250642 225828 275455
May 2027 249871 227133 272609
June 2027 249102 231665 266539
July 2027 248586 232676 264495
August 2027 248883 232955 264812
September 2027 250314 235796 264832
October 2027 251808 229649 273967
November 2027 253311 230513 276109
December 2027 254770 229802 279737
Shelbyville Housing Market Forecast with Real Estate Prices for 2028
January 2028 256290 230661 281919
February 2028 257820 239773 275867
March 2028 259190 243120 275259
April 2028 259559 238276 280843
May 2028 259373 238623 280123
June 2028 259774 243148 276399
July 2028 261200 237169 285230
August 2028 262759 239899 285619
September 2028 264327 244503 284152
October 2028 265905 241707 290102
November 2028 266984 244291 289678
December 2028 267309 249132 285486
Shelbyville Housing Market Forecast with Real Estate Prices for 2029
January 2029 267554 251769 283340
February 2029 267641 246765 288517
March 2029 268106 254701 281511
April 2029 268837 251901 285774
May 2029 270311 248145 292476
June 2029 271924 244732 299116
July 2029 273547 253578 293516
August 2029 274684 255181 294186
September 2029 275076 251694 298457
October 2029 275713 251726 299700
November 2029 275962 254712 297211
December 2029 276404 252357 300451
Shelbyville Housing Market Forecast with Real Estate Prices for 2030
January 2030 278053 254141 301966
February 2030 279713 254259 305167
March 2030 281382 263655 299109
April 2030 283062 265512 300612
May 2030 284751 262541 306962
June 2030 286451 259238 313663
July 2030 287965 272415 303515
August 2030 289569 264377 314762
September 2030 291297 273528 309067
October 2030 293036 275747 310325
November 2030 294785 272087 317483
December 2030 296544 271931 321158
Shelbyville Housing Market Forecast with Real Estate Prices for 2031
January 2031 298314 282802 313827
February 2031 300095 271586 328604
March 2031 301886 286791 316980
April 2031 303687 274533 332841
May 2031 305500 283198 327801
June 2031 306273 283915 328631
July 2031 306292 276276 336309
August 2031 306159 282891 329427
September 2031 305618 284530 326705
October 2031 304677 287920 321435
November 2031 303740 277315 330166
December 2031 303111 284015 322207
Shelbyville Housing Market Forecast with Real Estate Prices for 2032
January 2032 303474 280713 326234
February 2032 305218 277138 333298
March 2032 307040 287082 326997
April 2032 308872 286016 331729
May 2032 310651 283935 337367
June 2032 312505 295942 329068
July 2032 314370 283562 345178

> 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.