How much is land worth in Shelby, Nebraska?
The median price for land in Shelby, Nebraska is currently $87K per acre. For a typical parcel, the median sale price is $348K. Recently, the cheapest land sold for $348K while premium lots reached $348K.
Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 1 |
Acreage buckets
The median price for land in Shelby, Nebraska is currently $87K per acre. For a typical parcel, the median sale price is $348K. Recently, the cheapest land sold for $348K while premium lots reached $348K.
The 12-month rate is 4.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 2 active listings in Shelby, Nebraska. The median asking price is $10K.
The median land price in Shelby, Nebraska stands at $348K. This translates to roughly $87K per acre for the typical parcel size.
Land in Shelby, Nebraska averages $87K per acre. The median price per acre is $87K, which may be more representative of typical transactions. Most parcels sold are around 4.0 acres.
Land in Shelby, Nebraska typically sells within 81 days of listing. The median time on market is 81 days. Properties are moving at a moderate pace in the current strong buyer'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. 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.