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County Overview

Shelby County, IA

Aggregate real estate market report across county ZIPs
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The Shelby County, IA real estate market currently shows 49 active listings, with 21 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 65 days on market compared to 53 days last year.

The median listing price has fallen 11.9% year-over-year, from $203,675 to $179,450.

Whether you are buying or selling in Shelby County, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 11,427  ·  Density: 21.9/mi²  ·  Median household income: $68,350

Typical home value: $146,812  ·  Homeownership: 75.4%

Included Areas

Harlan: 51537, 51593

Defiance: 51527

Earling: 51530

Elk Horn: 51531

Irwin: 51446

Kirkman: 51447

Panama: 51562

Portsmouth: 51565

Shelby: 51570

Westphalia: 51578

Area Map

Market Overview

Active Listings
49
⇩ 15.5% vs 58 last year
Pending
21
43% pending ratio
Median Price
$179,450
⇩ 11.9% vs $203,675 last year
Average Price
$194,808
⇩ 23.4% vs $254,237 last year
Days on Market
65
⇧ 22.6% vs 53 days last year

Price Per Square Foot

Median $/sqft
$127
⇧ 17.6% vs $108/sqft last year
Median Home Size
1,461 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇩ 14.9% vs 0.2% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %