Call or Text (240) SELL-123

SHELBY, IN 46377

Real Estate Market Report  ·  Lake County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
vs 3 last year
Pending
0
0% pending ratio
Median Price
$150,000
⇧ 3.5% vs $144,950 last year
Average Price
$158,300
⇩ 3.3% vs $163,675 last year
Days on Market
14
⇩ 84.1% vs 88 days last year

Market Context

Population: 66  ·  Density: 123.3/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 47.1%

Market Analysis

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

The SHELBY, IN real estate market (46377) currently shows 3 active listings. Homes are averaging 14 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 14 days on market compared to 88 days last year.

The median listing price has risen 3.5% year-over-year, from $144,950 to $150,000.

Whether you are buying or selling in SHELBY, IN, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SHELBY, IN 46377 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 14 now vs 88 last year

Median & Average Pricing

Year over Year
  • Median: $150,000 (+3.5% YoY)
  • Average: $158,300 (-3.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.9 miles — 775 listings ($385,781,789 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46377Shelby, IN 463770.0 mi3$474,900$150,000$158,300
46310Demotte, IN 463106.1 mi40$16,044,280$371,700$401,107
46349Lake Village, IN 463497.1 mi11$5,675,340$469,450$515,940
46341Hebron, IN 4634110.2 mi32$13,985,088$339,945$437,034
46307Crown Point, IN 4630714.4 mi302$131,119,340$384,995$434,170
60958Pembroke Township, IL 6095815.5 mi6$646,680$120,000$107,780
60940Grant Park, IL 6094015.8 mi10$4,649,670$339,950$464,967
47963Morocco, IN 4796316.4 mi7$1,117,431$161,450$159,633
46373Saint John, IN 4637318.5 mi102$69,370,098$644,900$680,099
46347Kouts, IN 4634719.2 mi8$5,209,800$444,950$651,225
60912Beaverville, IL 6091220.3 mi2$278,900$139,450$139,450
46311Dyer, IN 4631120.7 mi62$32,763,652$404,350$528,446
46385Valparaiso, IN 4638521.9 mi190$104,446,610$448,500$549,719

Frequently Asked Questions

How many homes are for sale in SHELBY, IN 46377?

As of January 2026, there are 3 active listings in SHELBY, IN (zip code 46377), compared to 3 the prior year.

What is the median home price in SHELBY, IN 46377?

The median listing price in SHELBY, IN 46377 is $150,000 as of January 2026, a 3.5% increase from $144,950 the prior year.

How long do homes stay on the market in SHELBY, IN?

Homes in SHELBY, IN 46377 spend an average of 14 days on the market before going under contract, compared to 88 days the prior year.

Is it a seller's or buyer's market in SHELBY, IN 46377?

Based on current inventory and days-on-market data as of January 2026, SHELBY, IN 46377 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 14 days on market compared to 88 days last year.

How much can I save on real estate commission in SHELBY, IN?

With SELL123.com's maximum 3% commission, sellers in SHELBY, IN 46377 save an estimated $3,000 compared to a typical 5% commission on the median listing price of $150,000. 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.