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Shelbyville, KY

Full City Profile · Kentucky · Shelby County County

3.3 /5.0
B Good
17,436 Population 1,747/sq mi density
$73,733 Median Income $34,104 per capita
$238,600 Home Value $303,659 Zillow
$979 Median Rent 26.0% income on rent
54°F Avg Temperature 293 sunny days/yr
127 Violent Crime/100K 1,778 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$73,733 median income, 0.9% unemployment
A+
Affordability
4.9 / 5.0
$238,600 home value, $979/mo rent
F
Safety
1.0 / 5.0
127 violent crimes/100K
B
Education
3.0 / 5.0
25.3% bachelor's degree or higher

Housing Overview

Median Home Value
$238,600
15% below
US avg: $281,900
Median Rent
$979/mo
16% below
US avg: $1,163/mo
Homeownership Rate
57.1%
13% below US avg (65.4%)
Total Housing Units
6,806
Median year built: 1993

Home Value by Source

Census Median
$238,600
Zillow (ZHVI)
$303,659
Median Sale Price
$340,500
Median List Price
$345,030
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

57.1%
Owner-Occupied
42.9%
Renter-Occupied
57%
43%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent: $979/mo

Market Indicators (Redfin)

Median Days on Market
80 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
43.3%
of listings with price reduction
Price Per Sq Ft
$154
Active Inventory
67
homes for sale

Affordability & Housing Stock

Rent Burden
26.0%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
57.1%

Complete Housing Data

Home Values

Census Median Value$238,600
Zillow Home Value (ZHVI)$303,659
Median Sale Price$340,500
Median List Price$345,030
Price Per Sq Ft$154

Rent

Census Median Rent$979
FMR Studio$719
FMR 1-Bedroom$794
FMR 2-Bedroom$984
FMR 3-Bedroom$1,277
FMR 4-Bedroom$1,442

Market

Days on Market80
Sale-to-List Ratio1.0%
Price Drops43.3%
Homes Sold20
Active Inventory67
Price Per Sq Ft$154

Ownership & Stock

Owner-Occupied57.1%
Renter-Occupied42.9%
Homeownership Rate57.1%
Total Housing Units6,806
Median Year Built1993
Rent Burden26.0%