Inventory growing in Shelby County home market

The Shelby County housing market saw rising home values and growing inventory in September.

In Shelby County in September:

• Available housing increased by 16.1%
• Pended home sales increased 7.7% year-over-year
• The median home sale price was $246,500, a 1.9% increase compared to this time last year
• Homes in Shelby County spent nine more days on the market than this time last year for a total of 30 days

Overall, central Indiana homebuyers entered the fall market with more choices in September as available inventory increased nearly 19% compared to a year ago, while home values remained steady, according to F.C. Tucker Company.

• With 2,511 homes leaving the market, pended home sales decreased 12.4% compared to September 2025 and decreased 15.6% compared to last month
• Available housing inventory increased 18.5% compared to September 2025 and increased 6.6% compared to last month
• Homes sold in a median of 19 days, spending four days longer on the market than this time last year
• The median home sale price for the 16 county central Indiana region was $315,000 — an increase of 1.9% compared to this time last year

”The fall market typically brings a more measured pace, but there are still many opportunities for both buyers and sellers across central Indiana,” said Jim Litten, CEO of F.C. Tucker Company. “For buyers, there are significantly more homes available than there were a year ago, creating more choice in a market where mortgage rates have made affordability an important consideration. Home values are also continuing to grow, giving sellers a solid foundation as we move through the remainder of the year.”