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Mitch Umbarger
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Shelbyville Market Report

$302,305

AVERAGE PRICE OF 141 HOMES

$116,525

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,137,500

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$238,870

AVERAGE PRICE OF 31 NEWLY BUILT HOMES

$692,650

AVERAGE PRICE OF 10 HOMES WITH A POOL

$249,633

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $302,305
Avg Bedrooms 3.13 beds
Avg Bathrooms 1.98 baths

Average Price by Bedrooms

1 bedroom $440,000
2 bedrooms $142,286
3 bedrooms $257,793
4 bedrooms $414,512
5 bedrooms $829,916
Shelbyville Home Price Trends
  1/2019 12/2018 11/2018 10/2018 9/2018
Total Listings 117 115 124 138 145
Average Price $328,164 $334,166 $320,766 $298,819 $292,434
Avg Price Change -1.83% +4.18% +7.34% +2.18% -15.11%
Median Price $230,137 $234,436 $227,940 $220,226 $220,352
Med Price Change -1.87% +2.85% +3.50% -0.06% +1.14%
Avg Bedrooms 3.15 beds 3.19 beds 3.23 beds 3.19 beds 3.18 beds
Avg Bathrooms 2.05 baths 2.07 baths 2.07 baths 2.04 baths 2.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bedford Co Adult High School 1 $399,000 188 days
Cascade School 6 $310,400 95 days
Central High School 126 $306,825 84 days
Community School 6 $200,450 59 days
Moore Co High School - Middle 2 $250,450 36 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 141 $302,305 83 days
Distressed Homes 2 $116,525 31 days
Multi-Million Dollar Homes 4 $2,137,500 341 days
Newly Built Homes 31 $238,870 60 days
Homes with a Pool 10 $692,650 163 days
Reduced Price Homes 3 $249,633 49 days
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