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SHELBURN, IN 47879

Real Estate Market Report  ·  Sullivan County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇧ 33.3% vs 6 last year
Pending
1
13% pending ratio
Median Price
$85,000
⇩ 5.6% vs $90,000 last year
Average Price
$169,178
⇧ 47.3% vs $114,817 last year
Days on Market
84
⇧ 223.1% vs 26 days last year

Market Context

Population: 3,386  ·  Density: 21.1/mi²  ·  Median household income: $50,417

Typical home value: $99,254  ·  Homeownership: 70.9%

Market Analysis

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

The SHELBURN, IN real estate market (47879) currently shows 8 active listings, with 1 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 84 days on market compared to 26 days last year.

The median listing price has fallen 5.6% year-over-year, from $90,000 to $85,000.

Whether you are buying or selling in SHELBURN, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 6 last year
  • Days on market: 84 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $85,000 (-5.6% YoY)
  • Average: $169,178 (+47.3% 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 21.7 miles — 230 listings ($58,593,781 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47879Shelburn, IN 478790.0 mi8$1,353,424$85,000$169,178
47850Farmersburg, IN 478505.1 mi8$1,575,888$186,450$196,986
47858Lewis, IN 478589.4 mi1$495,000$495,000$495,000
47802Terre Haute, IN 4780211.4 mi104$29,954,392$244,900$288,023
47861Merom, IN 4786113.3 mi3$95,499$30,000$31,833
47871Riley, IN 4787114.5 mi1$171,950$171,950$171,950
47841Clay City, IN 4784115.3 mi5$958,335$210,000$191,667
62477West Union, IL 6247715.5 mi2$167,000$83,500$83,500
62451Palestine, IL 6245118.3 mi4$180,000$42,500$45,000
47803Terre Haute, IN 4780319.4 mi81$19,680,813$254,900$242,973
47427Coal City, IN 4742719.8 mi2$220,000$110,000$110,000
47471Worthington, IN 4747120.5 mi10$3,581,480$259,900$358,148
47443Lyons, IN 4744321.7 mi1$160,000$160,000$160,000

Frequently Asked Questions

How many homes are for sale in SHELBURN, IN 47879?

As of January 2026, there are 8 active listings in SHELBURN, IN (zip code 47879), compared to 6 the prior year.

What is the median home price in SHELBURN, IN 47879?

The median listing price in SHELBURN, IN 47879 is $85,000 as of January 2026, a 5.6% decrease from $90,000 the prior year.

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

Homes in SHELBURN, IN 47879 spend an average of 84 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in SHELBURN, IN 47879?

Based on current inventory and days-on-market data as of January 2026, SHELBURN, IN 47879 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 84 days on market compared to 26 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SHELBURN, IN 47879 save an estimated $1,700 compared to a typical 5% commission on the median listing price of $85,000. 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.