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SHELBYVILLE, TN 37160

Real Estate Market Report  ·  Bedford County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The SHELBYVILLE, TN real estate market (37160) currently shows 214 active listings, with 62 pending sales. Homes are averaging 82 days on the market before going under contract.

Inventory has tightened compared to last year, with 38 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 82 days on market compared to 72 days last year.

The median listing price has risen 0.8% year-over-year, from $329,950 to $332,450.

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
214
⇩ 15.1% vs 252 last year
Pending
62
29% pending ratio
Median Price
$332,450
⇧ 0.8% vs $329,950 last year
Average Price
$421,278
⇩ 2.8% vs $433,321 last year
Days on Market
82
⇧ 13.9% vs 72 days last year

Price Per Square Foot

Median $/sqft
$210
⇩ 0.9% vs $212/sqft last year
Median Home Size
1,658 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 214 this year vs 252 last year
  • Days on market: 82 now vs 72 last year

Median & Average Pricing

Year over Year
  • Median: $332,450 (+0.8% YoY)
  • Average: $421,278 (-2.8% 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 — 974 listings ($475,842,201 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37160Shelbyville, TN 371600.0 mi185$74,372,220$329,900$402,012
37180Unionville, TN 3718011.8 mi9$5,945,310$512,500$660,590
37360Normandy, TN 3736012.8 mi13$6,181,253$391,750$475,481
37352Lynchburg, TN 3735214.7 mi16$12,891,376$485,000$805,711
37091Lewisburg, TN 3709115.9 mi161$85,795,934$363,500$532,894
37388Tullahoma, TN 3738817.9 mi165$70,444,275$369,900$426,935
37359Mulberry, TN 3735918.9 mi3$1,064,001$245,000$354,667
37153Rockvale, TN 3715321.1 mi40$38,445,000$524,445$961,125
37334Fayetteville, TN 3733421.5 mi112$51,056,208$337,000$455,859
37355Manchester, TN 3735522.9 mi152$66,583,448$387,900$438,049
37127Murfreesboro, TN 3712723.4 mi112$60,625,376$469,450$541,298
37348Kelso, TN 3734824.0 mi5$1,712,800$249,900$342,560
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 February 2026, there are 214 active listings in SHELBYVILLE, TN (zip code 37160), compared to 252 the prior year.

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

The median listing price in SHELBYVILLE, TN 37160 is $332,450 as of February 2026, a 0.8% increase from $329,950 the prior year.

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

Homes in SHELBYVILLE, TN 37160 spend an average of 82 days on the market before going under contract, compared to 72 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 February 2026, SHELBYVILLE, TN 37160 is currently a Balanced Market. Inventory has tightened compared to last year, with 38 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 82 days on market compared to 72 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 $6,649 compared to a typical 5% commission on the median listing price of $332,450. 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.