Comprehensive market data and analysis• Updated Oct 2026
25.7 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 7 | 9 |
| 1-2 acres | - | 1 | 1 | 3 |
| 2-5 acres | - | - | 1 | 6 |
| 5-10 acres | 1 | 1 | 7 | 18 |
| 10-20 acres | 1 | 5 | 5 | 10 |
| 20-50 acres | - | - | 3 | 6 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | 2 | 2 |
| TOTAL | 3 | 8 | 26 | 56 |
Acreage buckets
The median price for land in Shelbyville, Tennessee is currently $27K per acre. For a typical parcel, the median sale price is $165K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $70K while premium lots reached $602K.
Shelbyville, Tennessee is currently a strong buyer's market with 25.7 months of supply. Buyers have more negotiating power and can take time to find the right property.
Shelbyville, Tennessee currently has 25.7 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Shelbyville, Tennessee saw 57 properties sold, totaling $19.9M in sales volume. In just the last 3 months, 9 properties changed hands.
The median land price in Shelbyville, Tennessee stands at $165K. This translates to roughly $27K per acre for the typical parcel size. The average price is $350K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Shelbyville, Tennessee is 3.9% (3-month basis), indicating slow demand.
Land in Shelbyville, Tennessee typically sells within 131 days of listing. The median time on market is 82 days. Properties are moving slowly in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Shelbyville on LandyDandy.
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