The typical home value in
Shelby County
is projected to be
$227,750
for the month of
July.
June’s
finalized data reported the typical value of a home in the
county
to be
$220,000—up
4.76%
over the previous 12 months.
For comparison,
state-level
data pegged home values at
$258,200
in
Iowa
for the most recent reporting period.
That number is expected to float around
$261,150
in
July.
Shelby County
had
12
new listings and
14
listings that went under contract in
June,
decreasing
the area’s total available inventory to
30—down
6.25%
from the previous month. Inventory is projected to have further
decreased
in
July.
Of those
30
active listings,
53.33%
reduced their price in the month of
June.
The median listing price for homes in
Shelby County
grew
16.75%
from
May
to
June,
bringing the current median listing price to
$230,000.
Based on projected data for
July,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
fell sharply
year-over-year. In
June 2025,
the median time for a listed property to go pending was
34
days, compared to
47
days in
June 2024.
In recent months the median number of days from listed to pending appears to be decreasing.
That trend is predicted to have carried through to this
July.
