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Shelbyville, TN
Full City Profile · Tennessee · Bedford County County
2.6
/5.0
C+
Fair
24,125
Population
1,249/sq mi density
$52,290
Median Income
$24,563 per capita
$224,700
Home Value
$307,390 Zillow
$935
Median Rent
27.3% income on rent
57°F
Avg Temperature
302 sunny days/yr
829
Violent Crime/100K
3,023 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$52,290 median income, 2.0% unemployment
A
Affordability
4.3 / 5.0
$224,700 home value, $935/mo rent
F
Safety
1.0 / 5.0
829 violent crimes/100K (118% above avg)
D
Education
1.9 / 5.0
11.6% bachelor's degree or higher
Housing Overview
Median Home Value
$224,700
20% below
US avg: $281,900
Median Rent
$935/mo
20% below
US avg: $1,163/mo
Homeownership Rate
48.3%
26% below US avg (65.4%)
Total Housing Units
8,865
Median year built: 1986
Home Value by Source
Census Median
$224,700
Zillow (ZHVI)
$307,390
Median Sale Price
$295,925
Median List Price
$304,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
48.3%
Owner-Occupied
51.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$935/mo
· Zillow rent:
$1,661/mo
Market Indicators (Redfin)
Median Days on Market
107 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
28
Price Drops
26.0%
of listings with price reduction
Price Per Sq Ft
$173
Active Inventory
100
homes for sale
Affordability & Housing Stock
Rent Burden
27.3%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
48.3%
Complete Housing Data
Home Values
| Census Median Value | $224,700 |
| Zillow Home Value (ZHVI) | $307,390 |
| Median Sale Price | $295,925 |
| Median List Price | $304,900 |
| Price Per Sq Ft | $173 |
Rent
| Census Median Rent | $935 |
| Zillow Rent (ZORI) | $1,661 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
| Days on Market | 107 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 26.0% |
| Homes Sold | 28 |
| Active Inventory | 100 |
| Price Per Sq Ft | $173 |
Ownership & Stock
| Owner-Occupied | 48.3% |
| Renter-Occupied | 51.7% |
| Homeownership Rate | 48.3% |
| Total Housing Units | 8,865 |
| Median Year Built | 1986 |
| Rent Burden | 27.3% |