Shelbyville

Why you'd want to live in Shelbyville

Living in Shelbyville, Tennessee offers a small-town atmosphere with a rich equestrian heritage and a strong sense of tradition. Known as the “Walking Horse Capital of the World,” Shelbyville hosts the annual Tennessee Walking Horse National Celebration, drawing visitors and enthusiasts from across the country. The town features historic architecture, local diners, and a slower pace of life that appeals to those looking for a more relaxed and community-oriented environment. Its location in Middle Tennessee also provides easy access to larger cities like Murfreesboro and Nashville, making it a convenient spot for those who want rural charm with urban proximity.

Shelbyville Market Report

$607,224

AVERAGE PRICE OF 362 HOMES

$3,442,727

AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES

$361,455

AVERAGE PRICE OF 90 NEWLY BUILT HOMES

$774,844

AVERAGE PRICE OF 9 HOMES WITH A POOL

$323,288

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $607,224
Avg Bedrooms 1.95 beds
Avg Bathrooms 1.53 baths

Average Price by Bedrooms

1 bedroom $355,000
2 bedrooms $285,365
3 bedrooms $400,490
4 bedrooms $478,938
5 bedrooms $768,283
Shelbyville Home Price Trends
  10/2025 9/2025 8/2025 7/2025 6/2025
Total Listings 369 366 381 398 404
Average Price $604,866 $609,505 $604,951 $556,691 $542,626
Avg Price Change -0.77% +0.75% +8.67% +2.59% -6.79%
Median Price $343,000 $344,060 $331,818 $329,204 $328,854
Med Price Change -0.31% +3.69% +0.79% +0.11% -0.67%
Avg Bedrooms 2 beds 2.09 beds 2.11 beds 2.14 beds 2.13 beds
Avg Bathrooms 1.57 baths 1.62 baths 1.63 baths 1.66 baths 1.67 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelbyville Central High School 265 $437,132 133 days
Total Homes Average Price Avg Days on Site
All Homes 362 $607,224 153 days
Multi-Million Dollar Homes 26 $3,442,727 296 days
Newly Built Homes 90 $361,455 155 days
Homes with a Pool 9 $774,844 85 days
Reduced Price Homes 14 $323,288 75 days
Better Homes and Gardens Real Estate
BHGRE Heritage Group Shelbyville, 931-680-1680
BHGRE Heritage Group Manchester, 931-723-3300
BHGRE Bake & Cole Tullahoma, 931-455-3994

Based on information submitted to the MLS GRID as of November 9, 2025 4 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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