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Shelbyville, IN
Full City Profile · Indiana · Shelby County County
3.0
/5.0
B
Good
19,866
Population
1,451/sq mi density
$58,532
Median Income
$31,284 per capita
$151,100
Home Value
$220,489 Zillow
$970
Median Rent
24.3% income on rent
53°F
Avg Temperature
293 sunny days/yr
754
Violent Crime/100K
2,102 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$58,532 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$151,100 home value, $970/mo rent
F
Safety
1.0 / 5.0
754 violent crimes/100K (98% above avg)
C
Education
2.4 / 5.0
17.1% bachelor's degree or higher
Housing Overview
Median Home Value
$151,100
46% below
US avg: $281,900
Median Rent
$970/mo
17% below
US avg: $1,163/mo
Homeownership Rate
57.4%
12% below US avg (65.4%)
Total Housing Units
9,149
Median year built: 1971
Home Value by Source
Census Median
$151,100
Zillow (ZHVI)
$220,489
Median Sale Price
$231,000
Median List Price
$212,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
57.4%
Owner-Occupied
42.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$970/mo
· Zillow rent:
$1,375/mo
Market Indicators (Redfin)
Median Days on Market
74 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
25
Price Drops
20.3%
of listings with price reduction
Price Per Sq Ft
$130
Active Inventory
59
homes for sale
Affordability & Housing Stock
Rent Burden
24.3%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
57.4%
Complete Housing Data
Home Values
| Census Median Value | $151,100 |
| Zillow Home Value (ZHVI) | $220,489 |
| Median Sale Price | $231,000 |
| Median List Price | $212,500 |
| Price Per Sq Ft | $130 |
Rent
| Census Median Rent | $970 |
| Zillow Rent (ZORI) | $1,375 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 74 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.3% |
| Homes Sold | 25 |
| Active Inventory | 59 |
| Price Per Sq Ft | $130 |
Ownership & Stock
| Owner-Occupied | 57.4% |
| Renter-Occupied | 42.6% |
| Homeownership Rate | 57.4% |
| Total Housing Units | 9,149 |
| Median Year Built | 1971 |
| Rent Burden | 24.3% |