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SHELBYVILLE, KY 40065

Real Estate Market Report  ·  Shelby County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The SHELBYVILLE, KY real estate market (40065) currently shows 140 active listings, with 59 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 37 more homes available — giving buyers more choice.

Homes are selling faster, averaging 42 days on market compared to 56 days last year.

The median listing price has risen 0.3% year-over-year, from $345,075 to $346,250.

Whether you are buying or selling in SHELBYVILLE, KY, 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: 31,439  ·  Density: 72.5/mi²  ·  Median household income: $76,617

Typical home value: $234,177  ·  Homeownership: 67.9%

Market Overview

Active Listings
140
⇧ 35.9% vs 103 last year
Pending
59
42% pending ratio
Median Price
$346,250
⇧ 0.3% vs $345,075 last year
Average Price
$441,599
⇩ 9.6% vs $488,410 last year
Days on Market
42
⇩ 25% vs 56 days last year

Price Per Square Foot

Median $/sqft
$191
⇧ 1.6% vs $188/sqft last year
Median Home Size
1,878 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 140 this year vs 103 last year
  • Days on market: 42 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $346,250 (+0.3% YoY)
  • Average: $441,599 (-9.6% 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 20.9 miles — 409 listings ($209,090,161 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40065Shelbyville, KY 400650.0 mi131$55,719,278$345,000$425,338
40067Simpsonville, KY 400678.6 mi22$13,252,338$444,950$602,379
40003Bagdad, KY 400039.7 mi7$4,168,360$399,900$595,480
40023Fisherville, KY 4002312.2 mi40$28,339,720$689,924$708,493
40046Mount Eden, KY 4004613.2 mi3$1,050,000$390,000$350,000
40071Taylorsville, KY 4007114.7 mi37$21,089,149$374,000$569,977
40014Crestwood, KY 4001415.1 mi67$42,051,679$548,900$627,637
40056Pewee Valley, KY 4005616.5 mi12$7,871,856$509,750$655,988
40010Buckner, KY 4001017.4 mi1$641,900$641,900$641,900
40243Louisville, KY 4024317.7 mi31$11,311,900$369,900$364,900
40223Louisville, KY 4022318.5 mi53$20,345,481$309,500$383,877
40036Lockport, KY 4003620.4 mi1$449,000$449,000$449,000
40055Pendleton, KY 4005520.9 mi4$2,799,500$699,875$699,875

Frequently Asked Questions

How many homes are for sale in SHELBYVILLE, KY 40065?

As of February 2026, there are 140 active listings in SHELBYVILLE, KY (zip code 40065), compared to 103 the prior year.

What is the median home price in SHELBYVILLE, KY 40065?

The median listing price in SHELBYVILLE, KY 40065 is $346,250 as of February 2026, a 0.3% increase from $345,075 the prior year.

How long do homes stay on the market in SHELBYVILLE, KY?

Homes in SHELBYVILLE, KY 40065 spend an average of 42 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in SHELBYVILLE, KY 40065?

Based on current inventory and days-on-market data as of February 2026, SHELBYVILLE, KY 40065 is currently a Balanced Market. Inventory has increased compared to last year, with 37 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 56 days last year.

How much can I save on real estate commission in SHELBYVILLE, KY?

With SELL123.com's maximum 3% commission, sellers in SHELBYVILLE, KY 40065 save an estimated $6,925 compared to a typical 5% commission on the median listing price of $346,250. 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.