The typical home value in
Shelby County
is projected to be
$137,500
for the month of
August.
July’s
finalized data reported the typical value of a home in the
county
to be
$165,000—down
34.0%
over the previous 12 months.
For comparison,
state-level
data pegged home values at
$253,400
in
Iowa
for the most recent reporting period.
That number is expected to float around
$251,350
in
August.
Shelby County
had
11
new listings and
12
listings that went under contract in
July,
decreasing
the area’s total available inventory to
24—down
0.0%
from the previous month. Inventory is projected to have further
decreased
in
August.
Of those
24
active listings,
33.33%
reduced their price in the month of
July.
The median listing price for homes in
Shelby County
grew
0.39%
from
June
to
July,
bringing the current median listing price to
$229,900.
Based on projected data for
August,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
rose sharply
year-over-year. In
July 2025,
the median time for a listed property to go pending was
58
days, compared to
17
days in
July 2024.
However, in recent months the median number of days from listed to pending appears to be
falling.
That trend is predicted to have carried through to this
August.