Shirley, IN—47384
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Shirley, IN
As of Nov '25, the median home price in Shirley, IN is $218,000, with a year-over-year change of 1.9%. This indicates that home prices in Shirley, IN are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $218,000 | 1.9% |
| Single Family | $218,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $157,000 | 0.0% |
3 Bed | $234,000 | 2.6% |
4 Bed | $269,000 | 4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Shirley, IN
Shirley, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Shirley, IN
As of Nov '25, Realtor.com reports that the median days on market for a home in Shirley, IN is 123. This is a increase of 51.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $264,000 | 40.0% |
Listing Count | 10 | 32.0% |
| Listings as % of Homes | 0.3% | 32.0% |
Days on Market | 123 | 51.0% |
Demographics — Shirley, IN
As of the latest ACS Survey released in 2023, Shirley, IN has a population of 2,040, which has increased by 10.1% over the past 5 years. Shirley, IN is a popular place for families, as children make up 26.7% of the population. The area has a poorly educated workforce, with 12.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,040 | 10.1% |
% Under 18 | 26.7% | 9.4% |
% Seniors | 13.8% | 14.0% |
% WFH | 2.9% | -6.5% |
% w/ College Degree | 12.5% | -22.8% |
As of the latest ACS Survey released in 2023, Shirley, IN is a predominantly white area, with 97.9% of the population identifying as white. The white population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Shirley, IN is hispanic, making up 0.6% of the population. Foreign-born residents account for 0.9% of the population in Shirley, IN, and this percentage has increased by 80.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.9% | 2.4% |
% Black | 0.0% | N/A |
% Hispanic | 0.6% | 200.0% |
% Asian | 0.5% | ∞% |
% Foreign Born | 0.9% | 80.0% |
Mortgage and Risk — Shirley, IN
Shirley, IN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Shirley, IN
Shirley, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | $90 | $1,500 | $1,590 |
| 4 Bedroom | N/A | N/A | $1,920 |
Affordability — Shirley, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $218,000 |
| Median Household Income | $72,100 |