Is Shelbyville, IL 62565 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Shelbyville is a seller’s market. With about 2.4 months of supply and 21% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.4Under 4 months = seller’s market

Sold above original list20.8%Share of sales, last 3 months

Median sale-to-list93.4%Sold price ÷ list price

Median days on market27Listing to accepted offer

Median price per sq ft$81▼ −23.4% vs. last year

Run the numbers for 62565

Prefilled for 62565Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62565Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cowden 62422 — /sq ft Findlay 62534Seller’s market $116 /sq ft Herrick 62431 — /sq ft Mode 62444 $104 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology