Shelby County, TN Real Estate & Property Data

Shelby County Real Estate Market Trends
Last Updated: May 02, 2024

With up-to-date real estate data get detailed insight into Shelby County, TN sourced from the nation’s leading property data provider. The current median home price in Shelby County, TN is $227,000. Shelby County real estate data shows that there have been a total of 15,811 residential properties sold over the past 12 months. ATTOM’s Shelby County real estate data indicates that the county has 79 properties in foreclosure and 10 REOs (real estate bank owned) properties.

Shelby County Real Estate Market Trends
Total Residential Properties 294,090
Total Commercial Properties 12,292
Avg. Home Age (Single Family Home) 53 Years
Avg. Square Feet (Single Family Home) 1,901
Total 2024 Residential Sales (year-to-date) 3,265
% of Homes Seriously Underwater (Q2 2024) 1.48%
Total 2023 Residential Sales 14,394
% of Equity Rich Homes (Q2 2024) 35.47%
Effective 2023 Property Tax 1%
Total Foreclosure Filings (year-to-date) 230
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Shelby County, TN Real Estate Overview

There were 15,811 residential properties sold in the past year in Shelby County, TN. The median home value in Shelby County, TN is $192,884. There are a total of 294,090 residential properties in the Shelby.

Median Sales Price i
$227,000
(Mar 2024)
+3.2%
year-over-year
y-o-y
  • March '24 Mar '24 $227,000
  • February '24 Feb '24 $220,000
  • January '24 Jan '24 $195,000
  • December '23 Dec '23 $198,000
  • November '23 Nov '23 $208,000
  • October '23 Oct '23 $222,000
  • September '23 Sep '23 $225,000
  • August '23 Aug '23 $249,900
  • July '23 Jul '23 $250,000
  • June '23 Jun '23 $253,000
  • May '23 May '23 $237,500
  • April '23 Apr '23 $229,050
Median Down Payment i
$27,000
(Mar 2024)
-4%
year-over-year
y-o-y
  • March '24 Mar '24 $27,000
  • February '24 Feb '24 $30,817
  • January '24 Jan '24 $23,980
  • December '23 Dec '23 $32,500
  • November '23 Nov '23 $31,237
  • October '23 Oct '23 $34,200
  • September '23 Sep '23 $35,047
  • August '23 Aug '23 $36,625
  • July '23 Jul '23 $34,100
  • June '23 Jun '23 $33,000
  • May '23 May '23 $29,170
  • April '23 Apr '23 $29,062
Number of Homes Sold i
1,132
(Mar 2024)
-9.2%
year-over-year
y-o-y
  • March '24 Mar '24 1,132
  • February '24 Feb '24 1,043
  • January '24 Jan '24 1,090
  • December '23 Dec '23 997
  • November '23 Nov '23 1,098
  • October '23 Oct '23 1,361
  • September '23 Sep '23 1,175
  • August '23 Aug '23 1,568
  • July '23 Jul '23 1,125
  • June '23 Jun '23 1,741
  • May '23 May '23 1,179
  • April '23 Apr '23 1,055
Number of Purchase Loans i
722
(Mar 2024)
-16.7%
year-over-year
y-o-y
  • March '24 Mar '24 722
  • February '24 Feb '24 666
  • January '24 Jan '24 706
  • December '23 Dec '23 688
  • November '23 Nov '23 702
  • October '23 Oct '23 849
  • September '23 Sep '23 763
  • August '23 Aug '23 1,060
  • July '23 Jul '23 829
  • June '23 Jun '23 1,208
  • May '23 May '23 828
  • April '23 Apr '23 710
Number of REFI Loans i
469
(Mar 2024)
-9.3%
year-over-year
y-o-y
  • March '24 Mar '24 469
  • February '24 Feb '24 475
  • January '24 Jan '24 478
  • December '23 Dec '23 475
  • November '23 Nov '23 467
  • October '23 Oct '23 574
  • September '23 Sep '23 408
  • August '23 Aug '23 586
  • July '23 Jul '23 380
  • June '23 Jun '23 582
  • May '23 May '23 438
  • April '23 Apr '23 377
Number of HELOC Loans i
193
(Mar 2024)
-30.1%
year-over-year
y-o-y
  • March '24 Mar '24 193
  • February '24 Feb '24 207
  • January '24 Jan '24 174
  • December '23 Dec '23 198
  • November '23 Nov '23 256
  • October '23 Oct '23 236
  • September '23 Sep '23 223
  • August '23 Aug '23 287
  • July '23 Jul '23 221
  • June '23 Jun '23 348
  • May '23 May '23 239
  • April '23 Apr '23 210

Shelby County, TN Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Shelby County, TN Foreclosure Activity

There were a total of 79 Shelby County, TN properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 79 Shelby County, TN properties and repossessed 10 Shelby County, TN properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
79
(Mar 2024)
+19.7%
year-over-year
y-o-y
  • March '24 Mar '24 79
  • February '24 Feb '24 84
  • January '24 Jan '24 67
  • December '23 Dec '23 57
  • November '23 Nov '23 47
  • October '23 Oct '23 49
  • September '23 Sep '23 54
  • August '23 Aug '23 72
  • July '23 Jul '23 58
  • June '23 Jun '23 60
  • May '23 May '23 57
  • April '23 Apr '23 56
Foreclosure Starts i
79
(Mar 2024)
+19.7%
year-over-year
y-o-y
  • March '24 Mar '24 79
  • February '24 Feb '24 84
  • January '24 Jan '24 67
  • December '23 Dec '23 57
  • November '23 Nov '23 47
  • October '23 Oct '23 49
  • September '23 Sep '23 53
  • August '23 Aug '23 72
  • July '23 Jul '23 58
  • June '23 Jun '23 60
  • May '23 May '23 57
  • April '23 Apr '23 56
Completed Foreclosures (REOs) i
10
(Mar 2024)
-16.7%
year-over-year
y-o-y
  • March '24 Mar '24 10
  • February '24 Feb '24 15
  • January '24 Jan '24 14
  • December '23 Dec '23 7
  • November '23 Nov '23 5
  • October '23 Oct '23 12
  • September '23 Sep '23 9
  • August '23 Aug '23 8
  • July '23 Jul '23 5
  • June '23 Jun '23 11
  • May '23 May '23 10
  • April '23 Apr '23 12
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