Shelby County, TN home prices

Shelby County, TN: the typical home is worth $221,928 as of 2026-05, down -1.5% over the past year and +99.0% since 2000. Listings run about $145/sq ft…

Data as of May 2026 · by the Real Estate Price Map data team · methodology & sources

1975: $37,225 → 2026: $221,928 (6.0×) pre-2000 estimated via FHFA index

Market read

At $221,928, homes in Shelby County sit 14% below the Tennessee median ($258,138) and 5% below the US median ($233,954). That ranks #70 of 95 Tennessee counties by price.

Prices are cooling (-1.5% in the last year) — leaning buyer's market.

Homes here take a while to sell — a median 64 days on the market, with 25% of listings cutting their asking price.

At 3.6× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~15% cheap for local incomes and rents — a relative bargain.

Buying looks cheaper than renting — ~$1,095/mo to buy (P&I, 20% down) vs $1,395/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

Nearby counties

DeSoto County, MS ($302,692) · Crittenden County, AR ($167,207) · Tipton County, TN ($274,795) · Fayette County, TN ($375,975) · Marshall County, MS ($216,127) · Tate County, MS ($245,401)