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County Overview

Shelby County, IL

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

Market Analysis

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

The Shelby County, IL real estate market currently shows 56 active listings, with 8 pending sales. Homes are averaging 130 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 130 days on market compared to 114 days last year.

The median listing price has fallen 9.3% year-over-year, from $174,900 to $158,650.

Whether you are buying or selling in Shelby County, IL, 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: 20,557  ·  Density: 14.3/mi²  ·  Median household income: $64,994

Typical home value: $125,796  ·  Homeownership: 78.2%

Included Areas

Cowden: 62422

Findlay: 62534

Herrick: 62431

Lakewood: 62438

Mode: 62444

Moweaqua: 62550

Oconee: 62553

Shelbyville: 62565

Sigel: 62462

Stewardson: 62463

Strasburg: 62465

Tower Hill: 62571

Windsor: 61957

Area Map

Market Overview

Active Listings
56
⇧ 55.6% vs 36 last year
Pending
8
14% pending ratio
Median Price
$158,650
⇩ 9.3% vs $174,900 last year
Average Price
$213,883
⇩ 5.8% vs $227,054 last year
Days on Market
130
⇧ 14% vs 114 days last year

Price Per Square Foot

Median $/sqft
$106
⇩ 15.2% vs $125/sqft last year
Median Home Size
1,497 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%
⇧ 53.4% 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 %