Local Market0 views · 1 answer
How competitive is the Shelbyville housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 50/100
- YoY Fair Chance of Selling
- Pending ratio
- 0.44
- YoY contracts vs active
- Inventory YoY
- -0.1%
- YoY active listings
- Median DOM
- 60
- YoY days on market
- Price cuts
- 37.8%
- YoY of active listings
Shelbyville is moderately competitive as of May 2026, with a Sold Score of 50/100 (Fair Chance of Selling).
**Pending ratio** is 0.44 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is -10.8% — fewer choices for buyers than a year ago.
**Median days on market** is 60. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 37.8% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 50/100 (Fair Chance of Selling) · Pending ratio: 0.44 · Inventory YoY: -10.8% · Median days on market: 60 · Sellers cutting price: 37.8% · Median listing price: $385,975 (+9.4% YoY)
Shelbyville snapshot
As of the latest 2026 data- Median listing
- $386K
- YoY +0.1%
- Active inventory
- 220
- YoY -0.1%
- Median DOM
- 68
- YoY -0.2%
- Pending ratio
- 0.36
- YoY +0.0%
- Price-reduced
- 20.3%
- YoY -0.0%