Shelby County, TN Housing

The housing situation in Shelby, TN County is very strong. The median housing value is $206,500, significantly lower than the US median house value of $338,100. The US has seen a 1 year appreciation of 8.27%, but Shelby has experienced an even stronger appreciation rate at 15.58%. This indicates that the housing market in Shelby is thriving and could be an attractive option for potential buyers looking for something more affordable with good appreciation rates.

The median home cost in Shelby County is $206,500. Home appreciation the last 10 years has been 97.0%. Home Appreciation in Shelby County is up 16.2%.

Average Age of Homes

- The median age of Shelby County real estate is 42 years old

The Rental Market in Shelby County

- Renters make up 36.2% of the Shelby County population
- 3.3% of houses and apartments in Shelby County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Shelby, Tennessee	United States
	400,662.0	139,647,020.0
	45	42
	$206,500	$338,100
	16.2%	16.6%
	61.6%	57.0%
	97.0%	101.1%
	$12.51	$10.98
	$2,129	$2,690
	49.2%	57.4%
	11.5%	11.2%
	39.3%	31.4%
Vacant Housing
	3.3%	1.9%
	0.7%	0.4%
	0.5%	0.7%
	0.2%	0.4%
	0.3%	3.6%
	6.4%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	3.3%	2.4%
	6.4%	2.8%
	8.9%	3.9%
	8.0%	4.5%
	14.9%	11.3%
	14.0%	13.0%
	18.8%	20.1%
	10.7%	13.6%
	5.4%	8.3%
	4.7%	9.7%
	1.6%	3.9%
	0.7%	2.2%
	0.2%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.9%	13.6%
	10.9%	13.6%
	14.1%	13.6%
	13.5%	13.2%
	16.9%	14.8%
	14.1%	13.6%
	15.2%	10.0%
	6.7%	4.7%
	5.9%	12.2%

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