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SHELBYVILLE, TN 37160

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SHELBYVILLE, TN real estate market (37160) currently shows 226 active listings, with 80 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has tightened compared to last year, with 28 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 69 days on market compared to 73 days last year.

The median listing price has fallen 2.9% year-over-year, from $349,900 to $339,900.

Whether you are buying or selling in SHELBYVILLE, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 36,057  ·  Density: 59.7/mi²  ·  Median household income: $56,400

Typical home value: $211,002  ·  Homeownership: 63.3%

Market Overview

Active Listings
226
⇩ 11% vs 254 last year
Pending
80
35% pending ratio
Median Price
$339,900
⇩ 2.9% vs $349,900 last year
Average Price
$445,359
⇧ 0.9% vs $441,359 last year
Days on Market
69
⇩ 5.5% vs 73 days last year

Price Per Square Foot

Median $/sqft
$211
vs $211/sqft last year
Median Home Size
1,686 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 226 this year vs 254 last year
  • Days on market: 69 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $339,900 (-2.9% YoY)
  • Average: $445,359 (+0.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.2 miles — 1,071 listings ($544,004,622 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37160Shelbyville, TN 371600.0 mi214$90,153,492$332,450$421,278
37180Unionville, TN 3718011.8 mi11$6,140,673$470,993$558,243
37360Normandy, TN 3736012.8 mi12$4,964,172$354,975$413,681
37352Lynchburg, TN 3735214.7 mi16$11,048,704$446,250$690,544
37091Lewisburg, TN 3709115.9 mi165$92,487,615$355,950$560,531
37388Tullahoma, TN 3738817.9 mi182$79,583,504$385,675$437,272
37359Mulberry, TN 3735918.9 mi3$1,228,500$409,500$409,500
37153Rockvale, TN 3715321.1 mi58$56,900,494$514,680$981,043
37334Fayetteville, TN 3733421.5 mi120$57,171,960$328,750$476,433
37355Manchester, TN 3735522.9 mi149$66,896,083$399,900$448,967
37127Murfreesboro, TN 3712723.4 mi133$74,238,605$447,495$558,185
37348Kelso, TN 3734824.0 mi7$2,465,820$249,900$352,260
38459Frankewing, TN 3845926.2 mi1$725,000$725,000$725,000

Frequently Asked Questions

How many homes are for sale in SHELBYVILLE, TN 37160?

As of March 2026, there are 226 active listings in SHELBYVILLE, TN (zip code 37160), compared to 254 the prior year.

What is the median home price in SHELBYVILLE, TN 37160?

The median listing price in SHELBYVILLE, TN 37160 is $339,900 as of March 2026, a 2.9% decrease from $349,900 the prior year.

How long do homes stay on the market in SHELBYVILLE, TN?

Homes in SHELBYVILLE, TN 37160 spend an average of 69 days on the market before going under contract, compared to 73 days the prior year.

Is it a seller's or buyer's market in SHELBYVILLE, TN 37160?

Based on current inventory and days-on-market data as of March 2026, SHELBYVILLE, TN 37160 is currently a Seller's Market. Inventory has tightened compared to last year, with 28 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 69 days on market compared to 73 days last year.

How much can I save on real estate commission in SHELBYVILLE, TN?

With SELL123.com's maximum 3% commission, sellers in SHELBYVILLE, TN 37160 save an estimated $6,798 compared to a typical 5% commission on the median listing price of $339,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.