Property prices for sale in Shelbyville (Indiana)

The prices in real estate in Shelbyville, in the Indiana region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$272,187
Average price last 6 months
$126.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Shelbyville has increased during the last 6 months. In October, the average price per sq.feet was $120. In November this price pretty much remained the same at a value of $124 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $122 to $128.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $125.25 to $128 during February y March

Average price

Based upon to the price in Shelbyville (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $256,052. In November This price remains at $258,359. During the following two months (December, January) the price has had an average incrementation from $257,205.5 to $277,854. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $288,258 they are 39 % more affordable than the average price for Shelbyville. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $261,148.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $121 / sq.feet, with an average $131 / sq.feet price in Shelbyville. The properties with the highest average prices have 1 bedroom. They are 163 % more expensive than the average followed by properties with 2 bedrooms with a price at $153 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $288,258 it is 18 % cheaper than the average price in Shelbyville. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Commercial". At a price of $355,184 it is 229 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $49 / sq.feet followed by "House" priced at $117 / sq.feet. "Land" is the most costly type of property with a $24,022 / sq.feet cost followed by "Condo" with an average price of $226 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Shelbyville
Number of properties used in region Indiana
$288,258
$131
2,174
441,676
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value