Comprehensive market data and analysis• Updated Dec 2025
6.4 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 5 | 12 | 13 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 2 |
| 5-10 acres | - | 14 | 19 | 31 |
| 10-20 acres | - | 1 | 3 | 7 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 3 | 21 | 35 | 55 |
Acreage buckets
The median price for land in Shelbyville, Kentucky is currently $30K per acre. For a typical parcel, the median sale price is $160K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $79K while premium lots reached $286K.
Shelbyville, Kentucky is currently a balanced market with 6.4 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 37.5% year-over-year.
Shelbyville, Kentucky currently has 6.4 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The median land price in Shelbyville, Kentucky stands at $160K. This translates to roughly $30K per acre for the typical parcel size. The average price is $208K, indicating some higher-priced properties pulling up the average.
Land in Shelbyville, Kentucky averages $80K per acre. The median price per acre is $30K, which may be more representative of typical transactions. Most parcels sold are around 5.1 acres.
The current absorption rate in Shelbyville, Kentucky is 15.6% (3-month basis), indicating strong demand. With depreciating values (-37.5% 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 128 days of listing. The median time on market is 147 days. Properties are moving slowly in the current balanced 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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
