Market Overview
Home Prices in Shelburn, IN
The median home value in Shelburn, IN is $162,919 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.4% compared to a year ago and up 13.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Shelburn are priced60% below average. Shelburn is part of the Terre Haute, IN metro area.
Over the past five years, Shelburn home values have risen by approximately26.8%, reflecting strong long-term appreciation in this market.
Price History
Shelburn Home Price Trend
City Comparison
Shelburn vs. National Median
At $162,919, homes in Shelburn cost 60% below the national median of $410,000. This makes Shelburn a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Shelburn?
20% Down Payment
$32,584
on $162,919
Monthly P&I
$850/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,080/mo
incl. taxes & insurance
Income Needed
$43,200
gross annual (30% rule)
10% Down Option
$16,292
+ PMI applies
Loan Amount (20% dn)
$130,335
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Shelburn, IN?
The median home value in Shelburn is $162,919 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.4% year-over-year.
How much have home prices changed in Shelburn?
Over the past year, home values in Shelburn have decreased by 1.4%. Over five years, prices have risen approximately 26.8%.
How much do I need to earn to buy a home in Shelburn?
To comfortably afford the median home price of $162,919 with a 20% down payment ($32,584) at today's rates (6.8%), you'd need a gross annual income of approximately $43,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Shelburn compare to the national average home price?
The national median home value is approximately $410,000. At $162,919, homes in Shelburn are 60% below the national average.
What metro area is Shelburn part of?
Shelburn is part of the Terre Haute, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.