Shelbyville Metro Area, TN Housing

Shelbyville, TN Metro Area has an impressive median housing value of $271,800 which is significantly lower than the US median house value of $338,100. Furthermore, Shelbyville's house appreciation over the last year was 14.42%, which is higher than the US average of 8.27%. This suggests that Shelbyville is a great place to invest in real estate and that property values are rapidly increasing in the area.

The median home cost in Shelbyville Metro Area is $271,800. Home appreciation the last 10 years has been 149.3%. Home Appreciation in Shelbyville Metro Area is up 25.5%.

Average Age of Homes

- The median age of Shelbyville Metro Area real estate is 32 years old

The Rental Market in Shelbyville Metro Area

- Renters make up 27.5% of the Shelbyville Metro Area population
- 2.5% of houses and apartments in Shelbyville Metro Area, 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	Shelbyville, Tennessee	United States
	19,510.0	139,647,020.0
	34	42
	$271,800	$338,100
	25.5%	16.6%
	81.9%	57.0%
	149.3%	101.1%
	$5.98	$10.98
	$1,075	$2,690
	64.7%	57.4%
	8.2%	11.2%
	27.1%	31.4%
Vacant Housing
	2.5%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	1.0%	0.4%
	0.7%	3.6%
	3.8%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	1.9%	2.4%
	4.2%	2.8%
	6.6%	3.9%
	6.5%	4.5%
	16.2%	11.3%
	19.6%	13.0%
	20.8%	20.1%
	8.8%	13.6%
	4.1%	8.3%
	6.1%	9.7%
	1.4%	3.9%
	1.1%	2.2%
	0.3%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	18.4%	13.6%
	18.4%	13.6%
	18.6%	13.6%
	16.2%	13.2%
	10.2%	14.8%
	18.6%	13.6%
	8.8%	10.0%
	3.4%	4.7%
	7.7%	12.2%

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