Shelbyville, TN Housing Market & Real Estate

Balanced market-6.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Shelbyville, TN is $295,926, down 6.0% year-over-year. Homes sell in an average of 107 days with 100 active listings. The market is currently a balanced market.

$295,926median sale price

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

Balanced market3.6 months of supply107 avg. days on market

Shelbyville, TN is currently a balanced market, based on 3.6 months of supply and homes selling in about 107 days. How we determine this →

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

Shelbyville, TN market data

Current housing market statistics for Shelbyville, TN
MetricValue
Median sale price$295,926
Median list price$304,900
Year-over-year price change-6.0%
Average days on market107 days
Active inventory100 listings
Months of supply3.6 months
Sale-to-list price ratio98.4%
Market conditionBalanced market

Source: Redfin · Updated weekly

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

Homes for sale in Shelbyville

There are currently 100 homes listed for sale in Shelbyville, Tennessee. The median listing price is $305K.

Active listings

100

Homes on market

Median list price

$305K

Avg. days on market

107

Days until sale

New this week

24

Newly listed

Price drops:26.0%of listings
Sale-to-list:98.4%

Top public schools in Shelbyville

8 schools tracked · 5,821 students

The largest public schools serving Shelbyville, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Shelbyville Central High School

Grades 9-12 · 1,590 students

Public

Harris Middle School

Grades 6-8 · 950 students

Public

Liberty Elementary

Grades PK-8 · 685 students

Public

Learning Way Elementary

Grades PK-5 · 671 students

Public

Eakin Elementary

Grades PK-5 · 623 students

Public

Thomas Magnet School

Grades PK-8 · 475 students

Public

East Side Elementary

Grades PK-5 · 444 students

Public

South Side Elementary

Grades PK-5 · 383 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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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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