Shelbyville, TN metro area Housing Market Brief
metro · as of May 2026
What is Shelbyville, TN metro area’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 Shelbyville, TN metro area in its market cycle?
Shelbyville, TN metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
Shelbyville, TN metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $350K | ▲ +1% |
| Median Days on Market | 63 days | ▼ -19.2% |
| Months of Supply | 4.2 | 0% |
| Homes for Sale | 238 | ▼ -11.2% |
| Homes Sold | 57 | ▼ -10.9% |
| Median Price / Sq Ft | $208 | ▲ +4.1% |
| Sale-to-List Ratio | 98.6% | ▲ +1.4% |
How has Shelbyville, TN metro area’s Alpha Score moved?
Markets like Shelbyville, TN metro area
- Fort Morgan, CO metro areametro45
- Ontario, OR metro areametro43
- Lewiston, ID metro areametro43
- Twin Falls, ID metro areametro42
- Pocatello, ID metro areametro42
- Klamath Falls, OR metro areametro41
- Nogales, AZ metro areametro44
- Ketchikan, AK metro areametro44
- Stephenville, TX metro areametro46
- Burley, ID metro areametro47
Frequently asked questions
Is Shelbyville, TN metro area a buyer's or seller's market?
As of May 2026, Shelbyville, TN metro area is classified as a Balanced Market, based on its Alpha Score of 46 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Shelbyville, TN metro area?
The median sale price in Shelbyville, TN metro area is $350K, having risen 1% over the past year.
How affordable is Shelbyville, TN metro area?
Shelbyville, TN metro area scores 20 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Shelbyville, TN metro area's Alpha Score?
Shelbyville, TN metro area's strongest dimension is Inventory Health (65/100) and its weakest is Affordability (20/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Shelbyville, TN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.