Comprehensive market data and analysis• Updated Oct 2026
5.6 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 11 | 11 | 17 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | 4 | 11 | 22 | 43 |
| 10-20 acres | - | 3 | 4 | 5 |
| 20-50 acres | 1 | 3 | 6 | 8 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | 2 | 2 |
| TOTAL | 7 | 28 | 46 | 77 |
Acreage buckets
The median price for land in Shelbyville, Kentucky is currently $32K per acre. For a typical parcel, the median sale price is $164K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $76K while premium lots reached $490K.
Shelbyville, Kentucky is currently a seller's market with 5.6 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 19.6% year-over-year.
Shelbyville, Kentucky currently has 5.6 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The median land price in Shelbyville, Kentucky stands at $164K. This translates to roughly $32K per acre for the typical parcel size. The average price is $277K, indicating some higher-priced properties pulling up the average.
Land in Shelbyville, Kentucky averages $78K per acre. The median price per acre is $32K, which may be more representative of typical transactions. Most parcels sold are around 5.1 acres.
The current absorption rate in Shelbyville, Kentucky is 17.9% (3-month basis), indicating strong demand. With depreciating values (-19.6% YoY), buyers may find value opportunities. The top-performing broker in this market is Torrey Smith Realty Co., LLC.
Land in Shelbyville, Kentucky typically sells within 199 days of listing. The median time on market is 132 days. Properties are moving slowly in the current seller's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Shelbyville on LandyDandy.
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