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Shelby Village Home Values and Market Report

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Report prepared by Thfre.com Tennessee Home & Farm Real Estate
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Market at a glance

Over the last 12 months, homes sold for 96.1% of list price in 59 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $350K Sold · $336K
$1.8M$1.3M$800K$300K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Apr. Last month: 1.

Where the market stands

All homes in this report, by status.

14homes
Active4 · 29%
Under contract1 · 7%
Sold (12 mo)9 · 64%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$866K
Under contract$1.32M
Sold$751K

Average days on market

Active120 days
Under contract134 days
Sold59 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 4
Average list price $865,749
Avg. days on market 120 days
Avg. price per ft² $412 Based on 3 of 4 homes
Avg. living area 2,639 ft² Based on 3 of 4 homes
Avg. beds / baths 3.7 / 3.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$1.5M$1M$500K$0

Price vs. living area: 3 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 3 homes in this status.

1435 Electric Ave$491
1607 Electric Ave$439
1423 Fulton St$308

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1607 Electric AveNashville, TN 37206 442,674$1,175,000$43948 days
1435 Electric AveNashville, TN 37206 21834$410,000$49178 days
1423 Fulton StNashville, TN 37206 554,411$1,359,999$308146 days
1506 Electric AveNashville, TN 37206 ———$518,000—206 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Thfre.com Tennessee Home & Farm Real Estate
Call (731) 407-4107 Email us

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.