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Shelbyville Market Report

$476,533

AVERAGE PRICE OF 104 HOMES

$4,250,000

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$429,008

AVERAGE PRICE OF 45 NEWLY BUILT HOMES

$2,042,667

AVERAGE PRICE OF 3 HOMES WITH A POOL

$322,712

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $476,533
Avg Bedrooms 3.38 beds
Avg Bathrooms 2.63 baths

Average Price by Bedrooms

1 bedroom $4,600,000
2 bedrooms $331,224
3 bedrooms $365,157
4 bedrooms $564,949
5 bedrooms $553,664
Shelbyville Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 99 93 101 117 130
Average Price $441,517 $391,411 $385,251 $383,397 $403,133
Avg Price Change +12.80% +1.60% +0.48% -5.15% +4.07%
Median Price $338,459 $328,163 $322,200 $317,704 $322,173
Med Price Change +3.14% +1.85% +1.42% -1.41% +0.15%
Avg Bedrooms 3.4 beds 3.38 beds 3.37 beds 3.36 beds 3.43 beds
Avg Bathrooms 2.67 baths 2.58 baths 2.56 baths 2.6 baths 2.67 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 104 $476,533 75 days
Multi-Million Dollar Homes 3 $4,250,000 62 days
Newly Built Homes 45 $429,008 91 days
Homes with a Pool 3 $2,042,667 40 days
Reduced Price Homes 7 $322,712 80 days
RE/MAX FIRST | The Reed Estate Group
Reed Martin
2123 Veterans Pkwy
Jeffersonville, IN 47130
502-741-1391

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than RE/MAX FIRST | The Reed Estate Group are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. © 2023 Metro Search, Inc.
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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