Shoals, IN housing market
The typical Shoals home is worth about $188,000, up 3% in a year, 28% below the Indiana typical home.
Home values, sales, trends and how Shoals compares with the towns next door — updated as new data is published.
Shoals at a glance
Typical home value, 2016–2026
Show as a table
| January | Shoals | Indiana |
|---|---|---|
| 2017 | $79,000 | $135,000 |
| 2018 | $85,000 | $144,000 |
| 2019 | $93,000 | $154,000 |
| 2020 | $99,000 | $164,000 |
| 2021 | $120,000 | $183,000 |
| 2022 | $142,000 | $209,000 |
| 2023 | $149,000 | $227,000 |
| 2024 | $163,000 | $237,000 |
| 2025 | $180,000 | $249,000 |
| 2026 | $185,000 | $256,000 |
| August 2026 | $188,000 | $260,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,080
HUD's Fair Market Rent for a two-bedroom in Shoals is $1,080 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Shoals pay a median of $383, so moving in tends to cost more than staying put.
Studio $770 · 4 bedrooms $1,450
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (47581; Martin County, IN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Shoals
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.