Shelby County, TN monthly real estate update

Stacker compiled statistics about real estate prices in Shelby County using data from realtor.com. Statistics are as of May 2023.

The median listing price in the United States was $441,445 in May, which is 0.91% higher than a year ago. Shelby County has the 10th lowest median listing price per square foot out of 95 counties in Tennessee. Shelby also has the second highest active listings in the state.

Shelby County real estate by the numbers
- Median list price: $276,325
--- 2.7% increase from April
--- 12.7% increase from a year ago
- Active listing count: 1,545 (1,088 new listings)
- Median days on the market: 43 days
- Price increased count: 50
- Price reduced count: 728
- Median listing price per square foot: $135.0 per square foot

Counties with the highest median listing price in Tennessee
#1. Williamson County: $1,170,943
#2. Sevier County: $739,950
#3. Davidson County: $632,348
#4. Moore County: $602,000
#5. Loudon County: $599,950

Counties with the lowest median listing price in Tennessee
#1. Lake County: $112,400
#2. Lauderdale County: $172,450
#3. Obion County: $176,200
#4. Weakley County: $220,950
#5. Hardeman County: $225,000