Shelbyville, TN metro area Housing Market Brief
metro · TN · score computed September 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.
Population band 2 of 5 (population 37,900–58,725) · comparable within its band
Where is Shelbyville, TN metro area in its market cycle?
Shelbyville, TN metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Shelbyville, TN metro area?
Our model forecasts Shelbyville, TN metro area’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.
Shelbyville, TN metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $344K | ▲ +1.2% |
| Median Days on Market | 64 days | ▼ -12.3% |
| Months of Supply | 5.5 | ▼ -11.3% |
| Homes for Sale | 240 | ▼ -14.6% |
| Homes Sold | 45 | ▼ -4.3% |
| Median Price / Sq Ft | $200 | ▼ -7.7% |
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Frequently asked questions
Is Shelbyville, TN metro area a buyer's or seller's market?
In the scores computed September 2026, Shelbyville, TN metro area is classified as a Balanced Market, based on its Alpha Score of 53 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Shelbyville, TN metro area?
The median sale price in Shelbyville, TN metro area is $344K, having risen 1.2% over the past year.
How affordable is Shelbyville, TN metro area?
Shelbyville, TN metro area scores 24 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 (98/100) and its weakest is Rental Yield (24/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
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.