Home Values

Shelbyville Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$111,600

  • 5.9% 1-year change
  • None 1-year forecast

The median home value in Shelbyville Metro is $111,600. Shelbyville Metro home values have gone up 5.9% over the past year. The median price of homes currently listed in Shelbyville Metro is $169,900. The median rent price in Shelbyville Metro is $800, which is lower than the Tennessee median of $975.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Shelbyville Metro is 3.9%, which is lower than the national value of 6.3%.

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Relative ZHVI
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Shelbyville Metro Market Overview

Data through Feb 28, 2015
  • $111,600 ZHVI
  • No data 1-yr forecast
  • $169,900 Median listing price
  • No data Median sale price
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Shelbyville Metro Market Health

Data through Feb 28, 2015
  • 3.1/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • 3.9% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Cities in Shelbyville Metro

Name Median ZHVI
Normandy $152,800
Wartrace $141,000
Bell Buckle $131,800
Name Median ZHVI
Unionville $105,100
Shelbyville $94,300
 

Listings & Sales

Data through Feb 28, 2015
  • $90 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 8.6% Listings with price cut
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Shelbyville Metro Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,001 Shelbyville Metro
    $1,050 Tennessee
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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