Housing in Shelbyville, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$299,900

Median List Price

$329,900

Price Per Sq Ft

$199

Days on Market

77

Active Inventory

108

Months of Supply

4.9

Balanced market

Zillow Home Value

$304,910

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 1.8%List Price ↑ 2.1%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

9.1%

Off Market in 2 Weeks

16.7%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
9.1%
Under Contract in 2 Wks
16.7%
Listings with Price Drops
29.6%

Market Activity

Source: Redfin

Homes Sold

22

New Listings

30

Pending Sales

30

Homes Sold ↓ 45.0%New Listings ↓ 34.8%Pending ↓ 40.0%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$199

Median List $/SF

$208

Sale $/SF ↑ 5.3%List $/SF ↑ 0.5%Mar 24 → Jan 26

Shelbyville vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Shelbyville is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$224,700

Median Rent

$935

Total Housing Units

9,245

Vacancy Rate

5.3%

Owner Occupied

48.3%

Renter Occupied

51.7%

Median Property Tax

$1,329

per year

Monthly Cost (w/ Mortgage)

$1,065

Housing Types

Single Family
67.3%
Multi-Family
23.6%
Mobile Home
9.1%

The current median sale price in Shelbyville, TN is $299,900 according to Redfin data. Homes spend a median of 77 days on the market. 9.1% of homes sold above asking price. The market has 4.9 months of supply. The median price per square foot is $199. The median rent is $935 per month (Census ACS). About 48.3% of housing units are owner-occupied. The median year homes were built is 1986. There are 9,245 total housing units.