Comprehensive market data and analysis• Updated Dec 2025
17.7 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 2 | 5 |
| 1-2 acres | - | - | 2 | 8 |
| 2-5 acres | - | 1 | 1 | 6 |
| 5-10 acres | 4 | 4 | 8 | 18 |
| 10-20 acres | 2 | 2 | 3 | 8 |
| 20-50 acres | - | 2 | 4 | 8 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 7 | 10 | 20 | 55 |
Acreage buckets
The median price for land in Shelbyville, Tennessee is currently $26K per acre. For a typical parcel, the median sale price is $176K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $49K while premium lots reached $718K.
Shelbyville, Tennessee is currently a strong buyer's market with 17.7 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 78.8% year-over-year.
Shelbyville, Tennessee currently has 17.7 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Over the past 12 months, Shelbyville, Tennessee saw 57 properties sold, totaling $16.7M in sales volume. In just the last 3 months, 10 properties changed hands.
The median land price in Shelbyville, Tennessee stands at $176K. This translates to roughly $26K per acre for the typical parcel size. The average price is $294K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Shelbyville, Tennessee is 5.7% (3-month basis), indicating slow demand. With depreciating values (-78.8% YoY), buyers may find value opportunities.
Land in Shelbyville, Tennessee typically sells within 89 days of listing. The median time on market is 62 days. Properties are moving at a moderate pace 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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
