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Shelbyville

Shelbyville

Located in Bedford County

$218 Average Price per Sq Ft
204 Homes For Sale

A historic rural town along the Duck River

Smack dab in the middle of Tennessee and with the Duck River running through it, Shelbyville is a small historic town and the Walking Horse Capital of the World. Home to 25,000, this rural city is surrounded by natural beauty and outdoor recreation opportunities about 60 miles south of Nashville. “Driving a back road in this area is just gorgeous. People ride a lot of Harleys and take their vintage cars out for cruises,” says Tad Craig, real estate broker and auctioneer at Craig & Wheeler Realty and Auction. “You pass beautiful horse farms, pastures and waterfalls on the side of the road. It's just a really, really pretty area.” With the small-town feel comes a booming agricultural and manufacturing industry and highly rated schools.

An old hydroelectric plant and the dam are the main features of Fisherman's Park.
An old hydroelectric plant and the dam are the main features of Fisherman's Park.
Shelbyville is known for their Tennessee Walking Horses.
Shelbyville is known for their Tennessee Walking Horses.
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Housing market and major industries

The median home sale price is $320,000, lower than the national figure. Architectural styles include New Traditional and ranch-style homes. Homes downtown tend to cost less than residences on the outskirts, which usually have more acreage and higher square footage.

Agriculture and manufacturing are the dominant industries, with Tyson Foods, Musgrave Pencil Company, Rubbermaid and Marelli, a Nissan subsidiary that supplies its three Tennessee auto plants, as major employers. The training and breeding of Tennessee Walking Horses is also a large part of the local economy.

You can find several new traditional homes being built in Shelbyville, TN.
You can find several new traditional homes being built in Shelbyville, TN.
There are mostly ranch style homes in Shelbyville, TN.
There are mostly ranch style homes in Shelbyville, TN.
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Fishing, floating and boating on the Duck River

Shelbyville maintains eight city parks along with the Shelbyville Recreation Center, inside of which residents can exercise, take classes and more. Outdoors, the center sprawls with 84 acres of playgrounds and sports fields. As Shelbyville is located along the Duck River, many of its parks offer fishing, floating and boating. “We have one of the top five most biologically diverse rivers in the world,” says Craig. “The Duck River has over 570 species of aquatic wildlife.” Threaded by 16 trails, locals can also take scenic treks — on foot or horseback — through the countryside.

Cooper Steel Arena hosts horse shows, monster truck shows, rodeos and circuses.

Cooper Steel Arena host rodeos and barrel racing in Shelbyville, TN.
Cooper Steel Arena host rodeos and barrel racing in Shelbyville, TN.
HV Griffin Park has a large playground, skate park and pavilion.
HV Griffin Park has a large playground, skate park and pavilion.
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The Annual Tennessee Walking Horse National Celebration

Every August, Shelbyville holds the Annual Tennessee Walking Horse National Celebration. Dating back to 1939, this event is a 10-day equestrian show. “It made our town famous. People come from all over the world to show horses and have fun. It’s a festival-like atmosphere,” says Craig. “Anybody that you can imagine that’s into horses has come to check it out.”

A stop on the Tennessee Whiskey Trail

Most restaurants are clustered along the historic streets of downtown or lining U.S. Route 231. Shops and grocery stores are scattered throughout the city. “We’re known for whiskey,” says Craig. He relays that the city has become an unofficial stop on The Tennessee Whiskey Trail after the founding of Uncle Nearest, a local whiskey brand that opened for business eight years ago.

Nearest Green Distillery commemorates the godfather of Tennessee Whiskey, Nearest Green.
Nearest Green Distillery commemorates the godfather of Tennessee Whiskey, Nearest Green.
Popes Cafe offers breakfast and lunch in Downtown Shelbyville.
Popes Cafe offers breakfast and lunch in Downtown Shelbyville.
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The Bedford County School District

The Bedford County School District scores a B-minus on Niche. The district operates nine elementary schools, six middle schools and three high schools. Thomas Magnet School is a high-ranking institute, earning an A-minus on the site. The Tennessee College of Applied Technology – Shelbyville offers 19 programs granting degrees and certifications.

Cascade High School is a public 9-12 high school servicing Bedford Co.
Cascade High School is a public 9-12 high school servicing Bedford Co.
Tennessee College of Applied Technology is located in Shelbyville, TN.
Tennessee College of Applied Technology is located in Shelbyville, TN.
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Getting around Shelbyville

U.S. Route 231 and U.S. Route 41A intersect at the heart of Shelbyville, providing a direct route to Nashville. Though Shelbyville does not have a fixed-route public transportation service, Bedford County provides transportation for seniors and those with disabilities. The Shelbyville Municipal Airport is located 4 miles outside the city but is not served by air carriers. Right across from the airport is the Vanderbilt Bedford Hospital. For a broader range of destinations and airlines, the Nashville International Airport is 57 miles north.

U.S. Route 231 runs through Shelbyville connecting it to neighboring cities.
U.S. Route 231 runs through Shelbyville connecting it to neighboring cities.
Every August, Shelbyville holds the Annual Tennessee Walking Horse National Celebration.
Every August, Shelbyville holds the Annual Tennessee Walking Horse National Celebration.
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Environment and Crime

“We have hot summers, wonderful springs, beautiful falls and cold winters,” says Craig. “It's not the Deep South, so it's not too crazy as far as mugginess, and it's not New Orleans heat.” Subject to occasional extreme weather, Shelbyville has a higher risk of tornado damage than the Tennessee and U.S. average, though only one low-end EF2 tornado occurred within the last 20 years.

According to FBI data, the rates of reported violent crime and property crime in Shelbyville are lower than the Tennessee average and higher than the national average, though rates of property crime have been declining since 2023.

Stephanie Davison
Written By
Stephanie Davison
Nathan Pedigo
Photography Contributed By
Nathan Pedigo
Jason Jacot
Video By
Jason Jacot

Interested in learning more about homes in this area? Reach out to David Fountain, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Shelbyville Housing Trends

Housing Trends

Median List Price
$329,900
Median Sale Price
$320,000
Median Single Family Sale Price
$328,045
Median Townhouse Sale Price
$300,000
Median 2 Bedroom Sale Price
$249,999
Median Change From 1st List Price
2%
Last 12 months Home Sales
503
Median Home Sale Price YoY Change
$2
Average Price Per Sq Ft
$218

Neighborhood Facts

Number of Homes for Sale
204
Months of Supply
4.90

Open Houses

  • Thursday, Jul 3
    10am - 5pm

    217 Hillview Ave, Shelbyville, TN 37160

    $334,090

    • 3 Beds
    • 2.5 Baths
    • 1,909 Sq Ft
    • 217 Hillview Ave

    The Buford II at Ridgewood by Smith Douglas Homes features a central family room with easy access to the covered patio. An efficiently laid-out kitchen with a peninsula and adjacent breakfast nook provide ample cooking and dining space. Upstairs, you'll find a versatile loft with space for a fitness room, playroom, or home office. A private owner's suite features a compartmentalized bath and a

    Angela Dover SDH Nashville, LLC

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  • Thursday, Jul 3
    10am - 5pm

    219 Hillview Ave, Shelbyville, TN 37160

    $328,090

    • 3 Beds
    • 2.5 Baths
    • 1,813 Sq Ft
    • 219 Hillview Ave

    The Benson II at Ridgewood by Smith Douglas Homes. A wide, light-filled entry welcomes you into the plan and leads to a connected living-dining-kitchen layout that spans the entire width of the home. Its well-designed kitchen maximizes efficiency with a countertop workspace, a center island with a sink, a pantry, and an optional planning desk. Upstairs, you'll find the owner's ensuite with a

    Angela Dover SDH Nashville, LLC

    Section Image
  • Thursday, Jul 3
    10am - 5pm

    223 Hillview Ave, Shelbyville, TN 37160

    $339,620

    • 3 Beds
    • 2.5 Baths
    • 1,933 Sq Ft
    • 223 Hillview Ave

    The Braselton II at Ridgewood by Smtih Douglas Homes has a rear corner covered patio directly accessible from the light-filled family room. A large eat-in island kitchen overlooks the family room for easy entertaining. On the second floor, you can option the spacious loft to a fourth bedroom, which separates the private owner's suite from two secondary bedrooms. The owner's suite includes a

    Angela Dover SDH Nashville, LLC

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Shelbyville Has More Owners

Demographics

Total Population
25,553
Median Age
35
Population Density
387 ppl/acre
Population under 18
29.1%
Above the national average
23.8%
Population over 65
15%
On par with the national average
19.1%

Finances

Median Household Income
$48,322
Significantly below the national average
$71,702
Average Household Income
$62,485

Education and Workforce

High School Graduates
80.2%
Below the national average
89.1%
College Graduates
16.1%
Below the national average
34.1%
Advanced Degrees
5.2%
% Population in Labor Force
67.2%
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Shelbyville