Is Shelbyville, TN 37160 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Shelbyville is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.6Under 4 months = seller’s market

Sold above original list13.3%Share of sales, last 3 months

Median sale-to-list98.1%Sold price ÷ list price

Median days on market64Listing to accepted offer

Median price per sq ft$206▼ −0.2% vs. last year

Run the numbers for 37160

Prefilled for 37160Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37160Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bell Buckle 37020Balanced $235 /sq ft Normandy 37360Seller’s market $240 /sq ft Unionville 37180Seller’s market $195 /sq ft Wartrace 37183Buyer’s market $180 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology