County market report · FIPS 18145
Shelby County, IN
Indianapolis-Carmel-Anderson, IN · Population 44,871 (Census V2020 est.)
Typical value
$244,636
Sep 2026
1M
+0.2%
3M
+0.8%
12M
+1.1%
5Y
+28.2%
10Y
+95.9%
From peak
0.0%
Peak $244,636 · Sep 2026
Rank US / state
2130 / 86
by 12M change
Zillow Home Value Index
Source: Zillow Home Value Index (ZHVI), all homes, smoothed & seasonally adjusted · data through Sep 2026.
Inflection signal
Price-OnlyNo active signal this month.
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $241,220 | +1.3% |
| 2024 | $238,077 | +5.4% |
| 2023 | $225,826 | +4.1% |
| 2022 | $217,022 | +10.9% |
| 2021 | $195,707 | +15.3% |
| 2020 | $169,797 | +12.6% |
| 2019 | $150,853 | +6.1% |
| 2018 | $142,232 | +5.7% |
| 2017 | $134,509 | +6.1% |
| 2016 | $126,731 | +6.2% |
| 2015 | $119,308 | +3.4% |
| 2014 | $115,366 | +5.2% |
| 2013 | $109,694 | +4.4% |
| 2012 | $105,031 | +0.0% |
| 2011 | $105,012 | -1.4% |
| 2010 | $106,556 | -1.2% |
| 2009 | $107,872 | — |