Market Summary

Shelbyville, Shelby County, IN

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Median Home Price Price

$218,256 $218.3K

Median Monthly Rent Rent

$1,186 $1.2K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Shelby County

Region Price Rent GRM Display
$261,806 $1,192 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IN outside of Shelby County

Region Price Rent GRM Display
$196,681 $1,451 11.0x
$229,320 $1,279 15.0x
$320,851 $1,174 23.0x
$226,812 $1,162 16.0x
$204,090 $1,153 15.0x
$233,773 $1,363 14.0x
$236,370 $1,497 13.0x
$156,847 $978 13.0x
$182,021 $1,112 14.0x
$153,156 $1,016 13.0x
$177,123 $807 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IN

Region Price Rent GRM Display
$587,566 $2,661 18.0x
$192,360 $1,160 14.0x
$333,348 $1,706 16.0x
$193,979 $1,304 12.0x
$196,942 $1,144 14.0x
$231,025 $1,206 16.0x
$383,529 $1,072 30.0x
$184,422 $1,167 13.0x
$182,312 $1,126 13.0x
$227,642 $1,160 16.0x
$420,717 $1,120 31.0x
$240,447 $1,411 14.0x
$249,042 $1,183 18.0x
$412,546 $2,322 15.0x
$207,256 $1,063 16.0x
$265,702 $1,151 19.0x
$481,513 $2,564 16.0x
$240,710 $1,015 20.0x
$390,542 $1,071 30.0x
$302,111 $1,542 16.0x
$266,903 $1,314 17.0x
$233,751 $1,235 16.0x
$173,612 $1,170 12.0x
$276,293 $1,890 12.0x
$282,996 $1,229 19.0x
$250,325 $962 22.0x
$299,889 $1,082 23.0x
$504,685 $3,212 13.0x
$216,745 $1,093 17.0x
$291,267 $1,137 21.0x

Home prices

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Monthly rent

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GRM

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Shelbyville

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Trend Insights

Median Rent in Shelbyville, IN is $1,186, with MoM change +$9 and YoY change +$57 pointing to positive momentum while volatility is low (std $12).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Shelbyville, IN.

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Metric
Base market Shelbyville, IN
Compare market Select a market
Delta vs base
Median rent
$1,186
N/A
Median price
$218,256
N/A
YoY change
+$57
N/A
Price-to-rent
15.3x
Data unavailable
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