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

$620,783

AVERAGE PRICE OF 360 HOMES

$314,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$3,010,159

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$382,843

AVERAGE PRICE OF 91 NEWLY BUILT HOMES

$688,975

AVERAGE PRICE OF 10 HOMES WITH A POOL

$433,067

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $620,783
Avg Bedrooms 1.98 beds
Avg Bathrooms 1.53 baths

Average Price by Bedrooms

1 bedroom $267,950
2 bedrooms $289,970
3 bedrooms $397,336
4 bedrooms $626,892
5 bedrooms $1,107,450
Shelbyville Home Price Trends
  2/2026 1/2026 12/2025 11/2025 10/2025
Total Listings 354 344 341 357 369
Average Price $606,451 $591,223 $595,339 $607,502 $604,866
Avg Price Change +2.58% -0.70% -2.04% +0.44% -0.77%
Median Price $342,698 $339,357 $334,767 $336,627 $343,000
Med Price Change +0.98% +1.37% -0.56% -1.89% -0.31%
Avg Bedrooms 1.94 beds 1.95 beds 1.98 beds 1.96 beds 2 beds
Avg Bathrooms 1.52 baths 1.53 baths 1.54 baths 1.53 baths 1.57 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelbyville Central High School 280 $483,766 129 days
Total Homes Average Price Avg Days on Site
All Homes 360 $620,783 147 days
Distressed Homes 1 $314,900 20 days
Multi-Million Dollar Homes 32 $3,010,159 270 days
Newly Built Homes 91 $382,843 146 days
Homes with a Pool 10 $688,975 97 days
Reduced Price Homes 16 $433,067 47 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 March 12, 2026 12 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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