Shelbyville, TN

Balanced market-6.0% YoY

Housing market overview · Updated weekly

$295,926median sale price

Homes sold

28

Last 12 weeks

Days on market

107

Average pace

Active listings

100

3.6 months supply

Sale-to-list

98.4%

Below asking

The Shelbyville housing market is currently classified as a balanced market with a median sale price of $295,926. Prices have fallen 6.0% compared to last year, with homes spending an average of 107 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Shelbyville?

The median home sale price in Shelbyville is $295,926, down 6.0% from last year.

How long do homes stay on market in Shelbyville?

Homes typically spend 107 days on market before going under contract.

Is Shelbyville a buyer's or seller's market?

With 3.6 months of supply, Shelbyville is currently a balanced market.

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