Is Shirley, IN 47384 a buyer’s or seller’s market?

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

Shirley is a seller’s market. With about 2.7 months of supply and 14% 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 supply2.7Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list92.5%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$152▲ +5.0% vs. last year

The Shirley housing market right now

In the three months ending August 31, 2026, 14% of homes in Shirley, IN 47384 sold above their list price, the typical home went under contract in 47 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (19 days then) and the median sale price fell 30% to $194,916. Overall, Shirley is less competitive than a year ago, which gives buyers more room.

Within Henry County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%.

Nearby, buyers who want less competition could look at Straughn 47387 (0% sold over asking) or Spiceland 47385 (0% sold over asking), while Springport 47386 (50% sold over asking) and Kennard 47351 (33% sold over asking) are even more competitive.

Nearby markets

Kennard 47351Seller’s market $131 /sq ftKnightstown 46148Balanced $128 /sq ftLewisville 47352 $83 /sq ftMiddletown 47356Seller’s market $124 /sq ft Browse all markets →

Where Shirley is

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Questions about Shirley real estate

Is Shirley a buyer’s or seller’s market?

A seller’s market: there were 2.7 months of supply in Shirley, IN 47384 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Shirley?

The typical home went under contract in 47 days in the latest three months.

Do homes in Shirley sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 92.5% of the list price.

What are property taxes in Shirley?

About 0.73% of a home’s value a year in Henry County, or roughly $2,920 on a $400,000 home.

What is the median home price in Shirley?

The median sale price was $194,916 in the three months ending August 31, 2026, about $152 per square foot.

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