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SHELBY, NE 68662

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

Market Overview

Active Listings
2
vs 2 last year
Pending
1
50% pending ratio
Median Price
$270,500
⇧ 49.3% vs $181,125 last year
Average Price
$270,500
⇧ 48.7% vs $181,875 last year
Days on Market
211
⇧ 257.6% vs 59 days last year

Market Context

Population: 1,192  ·  Density: 5.0/mi²  ·  Median household income: $84,750

Typical home value: $153,325  ·  Homeownership: 88.9%

Market Analysis

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

The SHELBY, NE real estate market (68662) currently shows 2 active listings, with 1 pending sales. Homes are averaging 211 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 211 days on market compared to 59 days last year.

The median listing price has risen 49.3% year-over-year, from $181,125 to $270,500.

Whether you are buying or selling in SHELBY, NE, 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
  • Days on market: 211 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $270,500 (+49.3% YoY)
  • Average: $270,500 (+48.7% 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 26.3 miles — 268 listings ($88,825,309 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68662Shelby, NE 686620.0 mi2$541,000$270,500$270,500
68651Osceola, NE 686518.4 mi3$192,000$64,000$64,000
68666Stromsburg, NE 6866612.4 mi3$277,500$69,000$92,500
68634Duncan, NE 6863413.5 mi4$996,500$274,500$249,125
68632David City, NE 6863214.9 mi20$5,232,660$270,000$261,633
68601Columbus, NE 6860117.0 mi142$51,933,660$325,000$365,730
68456Utica, NE 6845621.1 mi3$674,700$224,900$224,900
68635Dwight, NE 6863522.1 mi1$255,000$255,000$255,000
68628Clarks, NE 6862822.3 mi4$1,137,332$289,000$284,333
68647Monroe, NE 6864724.1 mi4$1,918,668$590,000$479,667
68467York, NE 6846725.5 mi43$13,044,824$216,750$303,368
68434Seward, NE 6843425.8 mi27$8,440,929$289,000$312,627
68661Schuyler, NE 6866126.3 mi12$4,180,536$267,500$348,378

Frequently Asked Questions

How many homes are for sale in SHELBY, NE 68662?

As of January 2026, there are 2 active listings in SHELBY, NE (zip code 68662), compared to 2 the prior year.

What is the median home price in SHELBY, NE 68662?

The median listing price in SHELBY, NE 68662 is $270,500 as of January 2026, a 49.3% increase from $181,125 the prior year.

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

Homes in SHELBY, NE 68662 spend an average of 211 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in SHELBY, NE 68662?

Based on current inventory and days-on-market data as of January 2026, SHELBY, NE 68662 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 211 days on market compared to 59 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SHELBY, NE 68662 save an estimated $5,410 compared to a typical 5% commission on the median listing price of $270,500. 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.