Shelby County, TN Housing Market Brief
county · TN · score computed October 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.
Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band
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?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Shelby County, TN housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $244K | ▼ -13.3% | Redfin |
| Median Days on Market | 48 days | ▲ +17.1% | Redfin |
| Months of Supply | 4.9 | ▲ +8.9% | Redfin |
| Homes for Sale | 3,790 | ▲ +7.6% | Redfin |
| Homes Sold | 774 | ▼ -1.6% | Redfin |
| Median Price / Sq Ft | $134 | ▼ -9.6% | Redfin |
How has Shelby County, TN’s Alpha Score moved?
Markets like Shelby County, TN
- Bexar County, TX, TXcounty39
- Rutland County, VT, VTcounty32
- Volusia County, FL, FLcounty31
- St. Louis City County, MO, MOcounty33
- Caddo Parish, LA, LAcounty34
- Rapides Parish, LA, LAcounty40
- Baltimore County, MD, MDcounty37
- Snyder County, PA, PAcounty35
- Baxter County, AR, ARcounty40
- Pulaski County, AR, ARcounty43
Frequently asked questions
Is Shelby County, TN a buyer's or seller's market?
In the scores computed October 2026, Shelby County, TN is classified as a Buyer's Market, based on its Alpha Score of 30 out of 100. The classification reflects current price, building, 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 $244K, having fallen 13.3% over the past year, according to Redfin.
How affordable is Shelby County, TN?
Shelby County, TN scores 20 out of 100 on affordability — relatively unaffordable 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 Rental Yield (57/100) and its weakest is Price Momentum (14/100). 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.