Shelby County, TN Real Estate & Property Data

Shelby County Real Estate Market Trends
Last Updated: April 26, 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 $220,000. Shelby County real estate data shows that there have been a total of 15,572 residential properties sold over the past 12 months. ATTOM’s Shelby County real estate data indicates that the county has 84 properties in foreclosure and 15 REOs (real estate bank owned) properties.

Shelby County Real Estate Market Trends
Total Residential Properties 294,079
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) 2,133
% of Homes Seriously Underwater (Q2 2024) 1.48%
Total 2023 Residential Sales 14,393
% of Equity Rich Homes (Q2 2024) 35.47%
Effective 2023 Property Tax 1%
Total Foreclosure Filings (year-to-date) 151
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Shelby County, TN Real Estate Overview

There were 15,572 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 294,079 residential properties in the Shelby.

Median Sales Price i
$220,000
(Feb 2024)
+5.8%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 $220,000
Median Down Payment i
$30,817
(Feb 2024)
+1%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 $28,125
Number of Homes Sold i
1,043
(Feb 2024)
+16.7%
year-over-year
y-o-y
  • 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 1,174
  • 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
  • March '23 Mar '23 1,247
Number of Purchase Loans i
666
(Feb 2024)
+13.3%
year-over-year
y-o-y
  • 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 1,059
  • July '23 Jul '23 829
  • June '23 Jun '23 1,208
  • May '23 May '23 828
  • April '23 Apr '23 710
  • March '23 Mar '23 867
Number of REFI Loans i
475
(Feb 2024)
+12%
year-over-year
y-o-y
  • February '24 Feb '24 475
  • January '24 Jan '24 478
  • December '23 Dec '23 475
  • November '23 Nov '23 467
  • October '23 Oct '23 573
  • September '23 Sep '23 407
  • 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
  • March '23 Mar '23 516
Number of HELOC Loans i
207
(Feb 2024)
-10%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 276

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 84 Shelby County, TN properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 84 Shelby County, TN properties and repossessed 15 Shelby County, TN properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
84
(Feb 2024)
+20%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 66
Foreclosure Starts i
84
(Feb 2024)
+20%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 66
Completed Foreclosures (REOs) i
15
(Feb 2024)
-11.8%
year-over-year
y-o-y
  • 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
  • March '23 Mar '23 12
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