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SHELBURN, IN 47879

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

Market Analysis

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

The SHELBURN, IN real estate market (47879) currently shows 10 active listings, with 1 pending sales. Homes are averaging 100 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 100 days on market compared to 47 days last year.

The median listing price has risen 182.9% year-over-year, from $56,000 to $158,400.

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 Context

Market Context

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

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

Market Overview

Active Listings
10
⇧ 100% vs 5 last year
Pending
1
10% pending ratio
Median Price
$158,400
⇧ 182.9% vs $56,000 last year
Average Price
$179,330
⇧ 163.8% vs $67,983 last year
Days on Market
100
⇧ 112.8% vs 47 days last year

Price Per Square Foot

Median $/sqft
$135
⇧ 164.7% vs $51/sqft last year
Median Home Size
1,254 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 5 last year
  • Days on market: 100 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $158,400 (+182.9% YoY)
  • Average: $179,330 (+163.8% 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 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 February 2026, there are 10 active listings in SHELBURN, IN (zip code 47879), compared to 5 the prior year.

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

The median listing price in SHELBURN, IN 47879 is $158,400 as of February 2026, a 182.9% increase from $56,000 the prior year.

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

Homes in SHELBURN, IN 47879 spend an average of 100 days on the market before going under contract, compared to 47 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 February 2026, SHELBURN, IN 47879 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 100 days on market compared to 47 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 $3,168 compared to a typical 5% commission on the median listing price of $158,400. 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.