Why Live in Shelbyville
Shelbyville is a small, close-knit neighborhood with a population of over 25,000, located less than 35 miles from Indy. The area features a mix of custom-built homes from the 1960s to the early 2000s, including Arts and Crafts-style houses, bungalows, and ranch-style architecture. Sidewalks connect homes near downtown, while outlying residences offer more seclusion alongside farmland. Shelbyville Central Schools serve the neighborhood, with highly rated elementary, middle, and high schools. Blue River Memorial Park, spanning over 180 acres, offers a butterfly habitat, walking trails, and a dog park, while smaller parks like Kennedy, Sunrise, Sunset, and Morrison provide additional green spaces. The Shelby County YMCA offers indoor activities such as pickleball and swimming. For entertainment, the Skyline Drive-In features movies, an arcade, and a café. Essential shopping is convenient with Kroger and Walmart nearby, and larger shopping trips can be made to Greenwood Park Mall, 25 miles away. Dining options include local favorites like Grandma’s Pancake House and Pudder’s, with nightlife available at Capone’s Downtown Speakeasy and Willie Farkle’s. The Horseshoe Indianapolis Casino provides year-round entertainment, and community events like the monthly First Friday and Christmas Parade foster local connections. While there is no public transportation, senior service vans are available, and multiple ramps to Interstate 74 facilitate travel to Indy and beyond.
Home Trends in Shelbyville, IN
On average, homes in Shelbyville, IN sell after 83 days on the market compared to the national average of 70 days. The median sale price for homes in Shelbyville, IN over the last 12 months is $466,038, up 19% from the median home sale price over the previous 12 months.
Median Sale Price
$466,038
Median Single Family Sale Price
$411,490
Median Townhouse Sale Price
$339,000
Median 2 Bedroom Sale Price
$540,000
Median 1 Bedroom Sale Price
$530,000
Average Price Per Sq Ft
$262
Number of Homes for Sale
38
Last 12 months Home Sales
204
Median List Price
$443,705
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
19%