Data as of September 2026. Source: Realtor.com.
The SHELBYVILLE, IN real estate market (46176) currently shows 139 active listings, with 45 pending sales. Homes are averaging 50 days on the market before going under contract.
Inventory has increased compared to last year, with 49 more homes available — giving buyers more choice.
Homes are selling faster, averaging 50 days on market compared to 56 days last year.
The median listing price has fallen 9.3% year-over-year, from $254,745 to $231,000.
Population: 28,727 · Density: 65.5/mi² · Median household income: $62,222
Typical home value: $156,451 · Homeownership: 65.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46176 | Shelbyville, IN 46176 | 0.0 mi | 89 | $25,451,330 | $274,973 | $285,970 |
| 46110 | Boggstown, IN 46110 | 7.8 mi | 2 | $800,000 | $400,000 | $400,000 |
| 46150 | Manilla, IN 46150 | 9.2 mi | 1 | $45,000 | $45,000 | $45,000 |
| 46161 | Morristown, IN 46161 | 10.7 mi | 10 | $3,809,710 | $313,700 | $380,971 |
| 47272 | Saint Paul, IN 47272 | 11.3 mi | 2 | $404,000 | $202,000 | $202,000 |
| 46259 | Indianapolis, IN 46259 | 14.2 mi | 57 | $27,265,266 | $417,500 | $478,338 |
| 46131 | Franklin, IN 46131 | 14.9 mi | 87 | $30,462,789 | $326,175 | $350,147 |
| 47246 | Hope, IN 47246 | 15.8 mi | 10 | $4,057,850 | $332,450 | $405,785 |
| 46184 | Whiteland, IN 46184 | 16.2 mi | 69 | $23,055,936 | $297,450 | $334,144 |
| 46239 | Indianapolis, IN 46239 | 18.2 mi | 157 | $52,557,791 | $312,950 | $334,763 |
| 47280 | Taylorsville, IN 47280 | 18.5 mi | 3 | $560,850 | $186,950 | $186,950 |
| 46237 | Indianapolis, IN 46237 | 19.0 mi | 158 | $47,383,252 | $270,000 | $299,894 |
| 46173 | Rushville, IN 46173 | 19.2 mi | 42 | $9,364,068 | $214,300 | $222,954 |
As of September 2026, there are 139 active listings in SHELBYVILLE, IN (zip code 46176), compared to 90 the prior year.
The median listing price in SHELBYVILLE, IN 46176 is $231,000 as of September 2026, a 9.3% decrease from $254,745 the prior year.
Homes in SHELBYVILLE, IN 46176 spend an average of 50 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SHELBYVILLE, IN 46176 is currently a Balanced Market. Inventory has increased compared to last year, with 49 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in SHELBYVILLE, IN 46176 save an estimated $4,620 compared to a typical 5% commission on the median listing price of $231,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.