Data as of September 2026. Source: Realtor.com.
The Shelby County, IA real estate market currently shows 39 active listings, with 16 pending sales. Homes are averaging 31 days on the market before going under contract.
Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 31 days on market compared to 57 days last year.
The median listing price has fallen 13.3% year-over-year, from $222,000 to $192,450.
Population: 11,427 · Density: 21.9/mi² · Median household income: $68,350
Typical home value: $146,812 · Homeownership: 75.4%
Defiance: 51527
Earling: 51530
Elk Horn: 51531
Irwin: 51446
Kirkman: 51447
Panama: 51562
Portsmouth: 51565
Shelby: 51570
Westphalia: 51578
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.