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County Overview

Shelby County, IA

Aggregate real estate market report across county ZIPs
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The Shelby County, IA real estate market currently shows 50 active listings, with 13 pending sales. Homes are averaging 82 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 82 days on market compared to 34 days last year.

The median listing price has fallen 7.5% year-over-year, from $210,725 to $195,000.

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
50
⇧ 28.2% vs 39 last year
Pending
13
26% pending ratio
Median Price
$195,000
⇩ 7.5% vs $210,725 last year
Average Price
$225,800
⇩ 7.2% vs $243,390 last year
Days on Market
82
⇧ 141.2% vs 34 days last year

Price Per Square Foot

Median $/sqft
$114
⇧ 1.8% vs $112/sqft last year
Median Home Size
1,582 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇧ 29.9% vs 0.1% 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 %