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Shelby County Housing Market Report March 2025•Shelby County, Tennessee
Housing Prices in Shelby County, TN
How much do homes in Shelby County, TN cost?
Housing Market Conditions
Is Shelby County, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Shelby County is a Buyer's Market
Difference Since February 2025
Last month, Shelby County was a Neutral Market.
Shelby County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in March 2025
Homes in Shelby County have sold for 5.8% more than they did a month ago.
Summary: The median home sold price in Shelby County was $267,375 in March 2025, up 5.8% from last month, and the median price per square foot was $0.
Median Sold Price By Counties
City | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
Shelby County | $252.8K | $267.3K | +5.8% |
Fayette County | $334.4K | $346.4K | +3.6% |
DeSoto County | $320K | $305.2K | -4.6% |
Tipton County | $307K | $291.2K | -5.1% |
Median Sold Price By Bedrooms
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | $165K | $105.1K | -36.3% |
22 Bedrooms | $125K | $124K | -0.8% |
33 Bedrooms | $210K | $229.1K | +9.1% |
44 Bedrooms | $339.9K | $359.9K | +5.9% |
55+ Bedrooms | $516.7K | $465K | -10.0% |
Summary: Shelby County housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes decreased by -36.3%. The home price for 2 bedroom homes decreased by -0.8%. The home price for 3 bedroom homes increased by +9.1%. The home price for 4 bedroom homes increased by +5.9%. The home price for 5 bedroom homes decreased by -10.0%.
How does Shelby County, TN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Shelby County, TN
Housing supply in Shelby County, TN
How many homes are available in Shelby County, TN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
4,389Last MonthMar 2025 | ||
3,7532 months agoFeb 2025 | +16.9 % Change MoMFeb – Mar |
Summary: The Shelby County real estate market had 4,389 homes for sale in Mar 2025, a 16.9 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
578Last MonthMar 2025 | ||
6022 months agoFeb 2025 | -4.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 55 | 70 | +27.3% |
22 Bedrooms | 486 | 551 | +13.4% |
33 Bedrooms | 1,616 | 1,885 | +16.6% |
44 Bedrooms | 1,115 | 1,296 | +16.2% |
55+ Bedrooms | 481 | 587 | +22.0% |
Summary: Shelby County housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +27.3%. The inventory for 2 bedroom homes increased by +13.4%. The inventory for 3 bedroom homes increased by +16.6%. The inventory for 4 bedroom homes increased by +16.2%. The inventory for 5 bedroom homes increased by +22.0%.
Asking Price vs. Sold Price
How much do homes in Shelby County, TN cost?
Over Asking Price76 Homes
At Asking Price185 Homes
Under Asking Price317 Homes
If you're buying a home in Shelby County, you may be able to get a good deal. 54.8% of homes here sold below asking price last month.
Summary: A total of 578 homes were sold or pending in Shelby County in March 2025, down by 4.0% month-over-month. Of the 578 sold homes, 55% were sold under asking, 32% were sold at asking, and and 13% were sold over asking.
Days on Market for Shelby County, TN
How long does it take to sell a home in Shelby County, TN?
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
0 DaysLast MonthMar 2025 | ||
67 Days1 month agoFeb 2025 | 0.0 % Change MoMFeb – Mar |
Summary: Homes in Shelby County had an average listing age of 0 days in Mar 2025, down by .0% compared to the previous month.
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Newest Listings in Shelby County, TN
What homes are available in Shelby County, TN?
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MLS Disclaimers and Copyright
Based on information from Memphis MLS, RealTracs Middle Tennessee Regional MLS, MLS United, Houston REALTORS® Information Service, and East Tennessee REALTORS® MLS for the period 02/01/2025 - 04/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 12:48:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by MLS United, LLC. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLS United, LLC. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless. All properties are subject to prior sale, change or withdrawal.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 4/8/2025, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 8:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.