Shelby County, TN Housing Market Brief
county · TN · as of August 2026
What is Shelby County, TN’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Shelby County, TN in its market cycle?
Shelby County, TN is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Shelby County, TN?
Our model forecasts Shelby County, TN’s home prices to hold flat over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Shelby County, TN housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $259K | ▼ -2.4% |
| Median Days on Market | 35 days | ▲ +20.7% |
| Months of Supply | 4.9 | ▲ +22.5% |
| Homes for Sale | 3,932 | ▲ +12.4% |
| Homes Sold | 830 | ▼ -7.9% |
| Median Price / Sq Ft | $141 | ▼ -6.2% |
How has Shelby County, TN’s Alpha Score moved?
Markets like Shelby County, TN
Frequently asked questions
Is Shelby County, TN a buyer's or seller's market?
As of August 2026, Shelby County, TN is classified as a Balanced Market, based on its Alpha Score of 43 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Shelby County, TN?
The median sale price in Shelby County, TN is $259K, having fallen 2.4% over the past year.
How affordable is Shelby County, TN?
Shelby County, TN scores 53 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Shelby County, TN's Alpha Score?
Shelby County, TN's strongest dimension is Affordability (53/100) and its weakest is Price Momentum (27/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Shelby County, TN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.