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SHELBY, NE 68662

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

Market Analysis

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

The SHELBY, NE real estate market (68662) currently shows 6 active listings, with 2 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 35 days on market compared to 189 days last year.

The median listing price has fallen 13.6% year-over-year, from $299,500 to $258,750.

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 Context

Market Context

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

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

Market Overview

Active Listings
6
⇧ 200% vs 2 last year
Pending
2
33% pending ratio
Median Price
$258,750
⇩ 13.6% vs $299,500 last year
Average Price
$277,990
⇩ 7.2% vs $299,500 last year
Days on Market
35
⇩ 81.5% vs 189 days last year

Price Per Square Foot

Median $/sqft
$144
⇩ 11.7% vs $163/sqft last year
Median Home Size
2,288 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 2 last year
  • Days on market: 35 now vs 189 last year

Median & Average Pricing

Year over Year
  • Median: $258,750 (-13.6% YoY)
  • Average: $277,990 (-7.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.0 miles — 263 listings ($88,932,566 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68662Shelby, NE 686620.0 mi2$744,000$372,000$372,000
68651Osceola, NE 686518.4 mi3$216,000$72,000$72,000
68666Stromsburg, NE 6866612.4 mi4$422,668$69,000$105,667
68634Duncan, NE 6863413.5 mi4$984,000$269,500$246,000
68632David City, NE 6863214.9 mi19$5,013,112$256,975$263,848
68601Columbus, NE 6860117.0 mi147$54,642,546$325,000$371,718
68654Polk, NE 6865421.2 mi3$408,000$136,000$136,000
68628Clarks, NE 6862822.3 mi4$1,137,332$289,000$284,333
68647Monroe, NE 6864724.1 mi3$1,206,000$402,000$402,000
68467York, NE 6846725.5 mi43$14,810,447$249,000$344,429
68434Seward, NE 6843425.8 mi27$7,869,285$266,625$291,455
68846Hordville, NE 6884626.4 mi1$350,000$350,000$350,000
68360Garland, NE 6836030.0 mi3$1,129,176$207,175$376,392

Frequently Asked Questions

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

As of June 2026, there are 6 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 $258,750 as of June 2026, a 13.6% decrease from $299,500 the prior year.

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

Homes in SHELBY, NE 68662 spend an average of 35 days on the market before going under contract, compared to 189 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 June 2026, SHELBY, NE 68662 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 35 days on market compared to 189 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 $5,175 compared to a typical 5% commission on the median listing price of $258,750. 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.