Shelbyville Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Shelbyville averaged 7.12% for the week of 2024-05-23, compared to the national average of 6.94% for the same period.

The average rate for the prior week (2024-05-16) was 6.8% and one month ago for the week of 2024-04-18, the average rate was 6.88%.

Shelbyville's average rate one year ago was 6.57%.

For refis of the same type during the week of 2024-05-23, the average rate was 7.24%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-23 6.94%
Shelbyville 30 Year Fixed Rate 2024-05-23 7.12%
Shelbyville 30 Year Fixed Rate Refi 2024-05-23 7.24%
Shelbyville 15 Year Fixed Rate 2024-05-23 6.44%
Shelbyville 15 Year Fixed Rate Refi 2024-05-23 6.34%
Shelbyville 30 Year FHA 2024-05-23 6.51%
Shelbyville 30 Year FHA Refi 2024-05-23 6.55%
Shelbyville 30 Year USDA 2024-05-23 6.54%
Shelbyville 30 Year USDA Refi 2024-05-23 6.94%
Shelbyville 30 Year VA 2024-05-23 6.79%
Shelbyville 30 Year VA Refi 2024-05-23 6.47%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Shelbyville, TN.

Shelbyville Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Shelbyville, TN market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
FIRST COMMUNITY MORTGAGE, INC. 61 6.94% $7,376
QUICKEN LOANS, LLC 34 6.47% $6,362
CMG MORTGAGE, INC. 30 6.52% $7,226
ASCEND FEDERAL CREDIT UNION 24 6.35% $2,956
UNITED WHOLESALE MORTGAGE, LLC 15 6.65% $9,048
FirstBank 15 7.04% $5,307
SeaTrust Mortgage Company 12 7.01% $9,244
CHURCHILL MORTGAGE CORPORATION 11 6.84% $5,188
The First National Bank of Middle Tennessee 10 6.81% $3,871
SWBC MORTGAGE CORPORATION 9 6.74% $2,473
MOVEMENT MORTGAGE, LLC 8 6.69% $7,230
Farm Credit Mid-America, ACA 8 7.11% $7,652
Pinnacle Bank 8 6.69% $4,619
First Vision Bank of Tennessee 7 6.91% $5,891
Legacy Home Loans, LLC 5 7.02% $4,557
PENNYMAC LOAN SERVICES, LLC 5 6.22% $8,352
Wilson Bank And Trust 5 6.41% $3,982
LOANDEPOT.COM, LLC 5 6.77% $6,297
U.S. Bank 4 6.72% $4,634
CapStar Bank 4 6.81% $3,857
MORTGAGE INVESTORS GROUP, INC. 4 6.56% $7,720
Magnolia Bank 4 6.69% $4,169
CROSSCOUNTRY MORTGAGE, LLC 3 6.29% $17,054
REDSTONE Federal Credit Union 3 6.88% $5,427
Legends Bank 3 7.33% $5,731
AMERISAVE MORTGAGE CORPORATION 3 6.50% $8,631
BROKER SOLUTIONS, INC. 3 7.04% $9,948
Regions Bank 3 6.83% $3,873
GUARANTEED RATE, INC. 3 7.04% $6,687
Citizens Tri-County Bank 2 6.50% $4,409
Bell Bank 2 6.19% $4,371
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.19% $8,409
First Horizon Bank 2 6.75% $4,700
FREEDOM MORTGAGE CORPORATION 2 7.44% $8,111
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 7.12% $6,654
HOMESIDE FINANCIAL, LLC 2 6.19% $6,910
ISERVE RESIDENTIAL LENDING, LLC 2 6.94% $9,414
JPMorgan Chase Bank 2 7.00% $2,828
T2 FINANCIAL LLC 2 7.43% $6,221
The Federal Savings Bank 2 7.50% $9,299
THE TENNESSEE CREDIT UNION 1 6.63% $4,787
INTERLINC MORTGAGE SERVICES, LLC 1 7.00% $7,154
BancorpSouth 1 7.50% $3,455
JMJ FINANCIAL GROUP 1 6.13% $18,706
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 9.75% $16,293
FIRST CONTINENTAL MORTGAGE, LTD. 1 6.88% $4,015
EVANSVILLE TEACHERS 1 7.13% $5,448
DHI MORTGAGE COMPANY, LTD. 1 6.13% $9,141
CORNERSTONE HOME LENDING, INC. 1 6.13% $7,118
Midwest BankCentre 1 6.88% $3,668
COMMUNITY MORTGAGE CORPORATION 1 6.25% $6,684
ACOPIA, LLC 1 7.25% $3,376
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.63% $11,194
Nations Lending Corporation 1 7.38% $4,372
NEWREZ LLC 1 6.99% $5,712
NEXERA HOLDING LLC 1 9.13% $13,518
NFM, INC. 1 7.88% $7,188
Citizens Bank 1 6.50% $4,539
CB&S Bank, Inc. 1 6.49% $2,167
PREMIA MORTGAGE, LLC 1 6.88% $5,413
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.38% $9,162
CARDINAL FINANCIAL 1 6.75% $11,015
Capital Bank 1 6.25% $1,118
BETTER MORTGAGE CORPORATION 1 6.63% $2,741
Renasant Bank 1 8.13% $5,486
ROYAL UNITED MORTGAGE LLC 1 6.13% $6,927
BankPlus 1 7.88% $5,169
SmartBank 1 7.25% $2,098
SUCCESS MORTGAGE PARTNERS, INC. 1 7.00% $13,192
Bank of Tennessee 1 7.82% $7,688
Wells Fargo Bank 1 6.00% $6,139
FirstTrust Home Loans, Inc. 1 6.50% $8,090
First State Bank 1 6.63% $3,693
Flagstar Bank, FSB 1 7.88% $3,638
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.63% $12,260
First National Bank of America 1 9.50% $10,934
GUARANTY HOME MORTGAGE CORPORATION 1 6.50% $3,726
Bank of America 1 7.63% $3,826

Shelbyville Average Closing Costs & Other Stats

Shelbyville, TN's 78 lenders originated 1,224 loans during 2023. The total origination value was $292,560,000, with an average loan value of $239,020.

Shelbyville's average closing costs are $5,642.

The top Shelbyville lender as defined by loan originations is FIRST COMMUNITY MORTGAGE, INC., with 61 loans originated. Their average total fees are $7,376, which is $1,013 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Shelbyville lenders (with over 10 loans originated) are ASCEND FEDERAL CREDIT UNION ($2,956), The First National Bank of Middle Tennessee ($3,871), CHURCHILL MORTGAGE CORPORATION ($5,188), FirstBank ($5,307) and QUICKEN LOANS, LLC ($6,362).

The lowest rate Shelbyville lenders (with over 10 loans originated) are ASCEND FEDERAL CREDIT UNION (6.35%), QUICKEN LOANS, LLC (6.47%), CMG MORTGAGE, INC. (6.52%), UNITED WHOLESALE MORTGAGE, LLC (6.65%) and The First National Bank of Middle Tennessee (6.81%).

Shelbyville, TN Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
FIRST COMMUNITY MORTGAGE, INC. $51,085,000 $45,390,000 -11.1% 15.5%
CMG MORTGAGE, INC. $16,260,000 $23,765,000 46.2% 8.1%
QUICKEN LOANS, LLC $26,495,000 $19,960,000 -24.7% 6.8%
FirstBank $17,215,000 $13,150,000 -23.6% 4.5%
UNITED WHOLESALE MORTGAGE, LLC $11,195,000 $12,945,000 15.6% 4.4%
ASCEND FEDERAL CREDIT UNION $15,560,000 $12,135,000 -22.0% 4.1%
SeaTrust Mortgage Company $175,000 $9,910,000 5,562.9% 3.4%
Mortgage Research Center, LLC $4,450,000 $7,465,000 67.8% 2.6%
The First National Bank of Middle Tennessee $9,875,000 $6,770,000 -31.4% 2.3%
HERITAGE SOUTH COMMUNITY CU $12,155,000 $5,735,000 -52.8% 2.0%
Citizens Bank of Lafayette $7,500,000 $5,285,000 -29.5% 1.8%
Farm Credit Mid-America, ACA $8,110,000 $4,715,000 -41.9% 1.6%
Pinnacle Bank $5,270,000 $4,630,000 -12.1% 1.6%
MOVEMENT MORTGAGE, LLC $1,285,000 $4,580,000 256.4% 1.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,125,000 $4,575,000 115.3% 1.6%
WALKER & DUNLOP, LLC $4,375,000 n/a 1.5%
LOANDEPOT.COM, LLC $3,735,000 $3,600,000 -3.6% 1.2%
Wilson Bank And Trust $2,980,000 $3,440,000 15.4% 1.2%
REDSTONE Federal Credit Union $2,105,000 $3,360,000 59.6% 1.1%
Regions Bank $3,800,000 $3,280,000 -13.7% 1.1%
U.S. Bank $3,735,000 $3,130,000 -16.2% 1.1%
MORTGAGE INVESTORS GROUP, INC. $1,225,000 $3,100,000 153.1% 1.1%
CROSSCOUNTRY MORTGAGE, LLC $1,730,000 $3,090,000 78.6% 1.1%
SWBC MORTGAGE CORPORATION $5,170,000 $2,910,000 -43.7% 1.0%
BROKER SOLUTIONS, INC. $2,170,000 $2,860,000 31.8% 1.0%
PENNYMAC LOAN SERVICES, LLC $6,220,000 $2,860,000 -54.0% 1.0%
First Vision Bank of Tennessee $3,455,000 $2,445,000 -29.2% 0.8%
CHURCHILL MORTGAGE CORPORATION $1,735,000 $2,345,000 35.2% 0.8%
Legacy Home Loans, LLC $2,415,000 $2,175,000 -9.9% 0.7%
NAVY FEDERAL CREDIT UNION $630,000 $2,125,000 237.3% 0.7%
The Federal Savings Bank $400,000 $1,995,000 398.8% 0.7%
First Horizon Bank $5,535,000 $1,955,000 -64.7% 0.7%
GUARANTEED RATE, INC. $3,330,000 $1,920,000 -42.3% 0.7%
Legends Bank $910,000 $1,720,000 89.0% 0.6%
FREEDOM MORTGAGE CORPORATION $2,405,000 $1,635,000 -32.0% 0.6%
Y-12 Federal Credit Union $1,505,000 n/a 0.5%
CapStar Bank $1,770,000 $1,420,000 -19.8% 0.5%
USAA Federal Savings Bank $945,000 $1,410,000 49.2% 0.5%
Magnolia Bank $2,225,000 $1,350,000 -39.3% 0.5%
MUTUAL OF OMAHA MORTGAGE, INC. $780,000 $1,315,000 68.6% 0.4%
CARDINAL FINANCIAL $2,715,000 $1,300,000 -52.1% 0.4%
Bell Bank $425,000 $1,285,000 202.4% 0.4%
AMERISAVE MORTGAGE CORPORATION $3,625,000 $1,255,000 -65.4% 0.4%
NEWREZ LLC $1,625,000 $1,255,000 -22.8% 0.4%
VILLAGE CAPITAL MORTGAGE $760,000 $1,240,000 63.2% 0.4%
ISERVE RESIDENTIAL LENDING, LLC $1,765,000 $1,190,000 -32.6% 0.4%
FirstTrust Home Loans, Inc. $1,150,000 n/a 0.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $295,000 $1,090,000 269.5% 0.4%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $765,000 $1,085,000 41.8% 0.4%
AMERICAN PACIFIC MORTGAGE CORPORATION $765,000 $1,020,000 33.3% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $2,700,000 $815,000 -69.8% 0.3%
ACOPIA, LLC $1,895,000 $810,000 -57.3% 0.3%
MID AMERICA MORTGAGE, INC. $800,000 n/a 0.3%
HOMESIDE FINANCIAL, LLC $705,000 $785,000 11.3% 0.3%
Bank of America $1,685,000 $780,000 -53.7% 0.3%
COMMUNITY MORTGAGE CORPORATION $1,295,000 $765,000 -40.9% 0.3%
NEXERA HOLDING LLC $125,000 $745,000 496.0% 0.3%
TOWER COMMUNITY BANK $745,000 n/a 0.3%
Citizens Tri-County Bank $500,000 $725,000 45.0% 0.2%
F&M Bank $3,040,000 $665,000 -78.1% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $660,000 n/a 0.2%
First State Bank $655,000 n/a 0.2%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $655,000 n/a 0.2%
SmartBank $325,000 $650,000 100.0% 0.2%
BankPlus $635,000 n/a 0.2%
EVANSVILLE TEACHERS $2,310,000 $585,000 -74.7% 0.2%
FIRST CONTINENTAL MORTGAGE, LTD. $570,000 n/a 0.2%
Discover Bank $195,000 $565,000 189.7% 0.2%
JMJ FINANCIAL GROUP $565,000 n/a 0.2%
First National Bank of Pulaski $405,000 $550,000 35.8% 0.2%
Nations Lending Corporation $260,000 $530,000 103.8% 0.2%
T2 FINANCIAL LLC $105,000 $530,000 404.8% 0.2%
ROSS MORTGAGE CORPORATION $285,000 $520,000 82.5% 0.2%
RELIANCE FIRST CAPITAL, LLC $500,000 $515,000 3.0% 0.2%
SUCCESS MORTGAGE PARTNERS, INC. $515,000 n/a 0.2%
ANGEL OAK MORTGAGE SOLUTIONS LLC $495,000 n/a 0.2%
21ST MORTGAGE CORPORATION $365,000 $465,000 27.4% 0.2%
BancorpSouth $105,000 $460,000 338.1% 0.2%
Midwest BankCentre $460,000 n/a 0.2%
THE TENNESSEE CREDIT UNION $455,000 n/a 0.2%
AMCAP MORTGAGE, LTD. $445,000 n/a 0.2%
Citizens Bank $2,415,000 $440,000 -81.8% 0.2%
PLANET HOME LENDING, LLC $2,275,000 $415,000 -81.8% 0.1%
JPMorgan Chase Bank $1,715,000 $390,000 -77.3% 0.1%
LOANPAL, LLC $405,000 $390,000 -3.7% 0.1%
Truist $925,000 $390,000 -57.8% 0.1%
DHI MORTGAGE COMPANY, LTD. $385,000 n/a 0.1%
ON Q FINANCIAL, INC. $385,000 n/a 0.1%
Bank of Tennessee $295,000 $365,000 23.7% 0.1%
Carrington Mortgage Services, LLC $1,330,000 $365,000 -72.6% 0.1%
Renasant Bank $640,000 $355,000 -44.5% 0.1%
River Bank & Trust $355,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $95,000 $335,000 252.6% 0.1%
First Citizens National Bank $335,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $335,000 n/a 0.1%
VAN DYK MORTGAGE CORPORATION $335,000 n/a 0.1%
OCMBC, INC. $330,000 n/a 0.1%
Equity Prime Mortgage LLC $265,000 $315,000 18.9% 0.1%
NEW DAY FINANCIAL, LLC $2,105,000 $315,000 -85.0% 0.1%
CB&S Bank, Inc. $155,000 $310,000 100.0% 0.1%
Figure Lending LLC $240,000 $310,000 29.2% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,165,000 $310,000 -73.4% 0.1%
AMERICAN FINANCING CORPORATION $820,000 $305,000 -62.8% 0.1%
Barrington Bank & Trust Company, N.A. $305,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $335,000 $300,000 -10.4% 0.1%
Ameris Bank $2,850,000 $295,000 -89.6% 0.1%
GARDNER FINANCIAL SERVICES, LTD. $290,000 n/a 0.1%
INTERLINC MORTGAGE SERVICES, LLC $290,000 n/a 0.1%
First Farmers and Merchants Bank $425,000 $285,000 -32.9% 0.1%
NFM, INC. $125,000 $285,000 128.0% 0.1%
GUARANTY HOME MORTGAGE CORPORATION $1,250,000 $275,000 -78.0% 0.1%
LAND HOME FINANCIAL SERVICES, INC. $620,000 $275,000 -55.6% 0.1%
PREMIA MORTGAGE, LLC $275,000 n/a 0.1%
Fifth Third Bank $955,000 $270,000 -71.7% 0.1%
TOP FLITE FINANCIAL, INC. $270,000 n/a 0.1%
CLEARPATH LENDING $265,000 n/a 0.1%
First National Bank of America $275,000 $265,000 -3.6% 0.1%
CALCON MUTUAL MORTGAGE LLC $375,000 $245,000 -34.7% 0.1%
STOCKTON MORTGAGE CORPORATION $245,000 n/a 0.1%
Wells Fargo Bank $2,840,000 $245,000 -91.4% 0.1%
TENNESSEE TRUST MORTGAGE, INC $215,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $360,000 $205,000 -43.1% 0.1%
SOUTH CENTRAL BANK, INC. $205,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $1,225,000 $195,000 -84.1% 0.1%
JLB CORPORATION $145,000 $185,000 27.6% 0.1%
ROYAL UNITED MORTGAGE LLC $65,000 $180,000 176.9% 0.1%
CORNERSTONE HOME LENDING, INC. $175,000 n/a 0.1%
QUORUM FEDERAL CREDIT UNION $175,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $170,000 n/a 0.1%
Flagstar Bank, FSB $1,425,000 $155,000 -89.1% 0.1%
OPEN MORTGAGE, LLC $115,000 $135,000 17.4% 0.0%
SOUTHWEST STAGE FUNDING, LLC $135,000 n/a 0.0%
Logan Finance Corporation $125,000 n/a 0.0%
United Community Bank $340,000 $125,000 -63.2% 0.0%
CANOPY MORTGAGE, LLC $105,000 n/a 0.0%
Capital Bank $105,000 n/a 0.0%
WesBanco $105,000 n/a 0.0%
Coastal Community Bank $75,000 n/a 0.0%
DELTA COMMUNITY CREDIT UNION $75,000 n/a 0.0%
Liberty Savings Bank, F.S.B. $75,000 n/a 0.0%
CITY-COUNTY CREDIT UNION $90,000 $65,000 -27.8% 0.0%
PENTAGON FEDERAL CREDIT UNION $55,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $55,000 n/a 0.0%
Baxter Credit Union $25,000 n/a 0.0%
NORTHROP GRUMMAN Federal Credit Union $25,000 n/a 0.0%

Shelbyville's top lender by overall market share is FIRST COMMUNITY MORTGAGE, INC., with 15.5% market share. In second place, with 8.1%, is CMG MORTGAGE, INC., having originated $23,765,000 in loans. In third place, with 6.8%, is QUICKEN LOANS, LLC, having originated $19,960,000 in loans. In fourth place, with 4.5%, is FirstBank, having originated $13,150,000 in loans. In fifth place, with 4.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $12,945,000 in loans.


Shelbyville Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Shelbyville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $229,900 (17.2%) $398,936 (15.3%) 0.00 137
2018-02-01 $234,550 (18.6%) $393,905 (21.1%) 0.00 135
2018-03-01 $247,900 (21.1%) $409,458 (37.4%) 0.00 122
2018-04-01 $229,500 (6.7%) $394,580 (28.6%) 0.00 129
2018-05-01 $239,000 (0.2%) $381,327 (-3.9%) 0.00 150
2018-06-01 $239,250 (-6.2%) $382,090 (-4.7%) 0.00 142
2018-07-01 $244,900 (2.1%) $420,737 (8.9%) 0.00 136
2018-08-01 $251,700 (4.9%) $422,274 (5.7%) 0.00 147
2018-09-01 $269,900 (12.8%) $401,422 (-7.4%) 0.00 151
2018-10-01 $268,075 (18.5%) $392,625 (-2.0%) 0.00 155
2018-11-01 $270,700 (18.4%) $414,908 (4.9%) 0.00 146
2018-12-01 $265,000 (6.2%) $411,439 (-0.5%) 0.00 146
2019-01-01 $269,125 (17.1%) $403,669 (1.2%) 0.00 140
2019-02-01 $257,400 (9.7%) $384,184 (-2.5%) 0.00 139
2019-03-01 $259,900 (4.8%) $387,867 (-5.3%) 0.00 140
2019-04-01 $259,900 (13.3%) $395,013 (0.1%) 0.00 139
2019-05-01 $269,900 (12.9%) $394,824 (3.5%) 0.00 143
2019-06-01 $270,000 (12.9%) $407,951 (6.8%) 0.00 146
2019-07-01 $273,650 (11.7%) $407,886 (-3.1%) 0.00 144
2019-08-01 $272,627 (8.3%) $401,434 (-4.9%) 0.00 152
2019-09-01 $276,718 (2.5%) $393,646 (-1.9%) 0.00 163
2019-10-01 $275,695 (2.8%) $382,397 (-2.6%) 0.00 172
2019-11-01 $269,900 (-0.3%) $391,771 (-5.6%) 0.00 176
2019-12-01 $264,900 (0.0%) $436,480 (6.1%) 0.00 168
2020-01-01 $245,380 (-8.8%) $401,408 (-0.6%) 0.00 165
2020-02-01 $254,900 (-1.0%) $409,505 (6.6%) 0.00 165
2020-03-01 $273,450 (5.2%) $410,463 (5.8%) 0.00 160
2020-04-01 $249,900 (-3.9%) $399,493 (1.1%) 0.00 163
2020-05-01 $284,900 (5.6%) $420,358 (6.5%) 0.00 148
2020-06-01 $308,650 (14.3%) $483,377 (18.5%) 0.00 110
2020-07-01 $321,150 (17.4%) $496,614 (21.8%) 0.00 102
2020-08-01 $304,900 (11.8%) $559,386 (39.4%) 0.00 91
2020-09-01 $297,400 (7.5%) $573,240 (45.6%) 0.00 94
2020-10-01 $299,900 (8.8%) $561,395 (46.8%) 0.00 100
2020-11-01 $286,150 (6.0%) $524,578 (33.9%) 0.00 110
2020-12-01 $299,900 (13.2%) $539,239 (23.5%) 0.00 101
2021-01-01 $259,900 (5.9%) $475,689 (18.5%) 0.00 94
2021-02-01 $277,185 (8.7%) $504,390 (23.2%) 0.00 76
2021-03-01 $280,230 (2.5%) $564,186 (37.5%) 0.00 68
2021-04-01 $332,225 (32.9%) $660,609 (65.4%) 0.00 51
2021-05-01 $394,900 (38.6%) $753,930 (79.4%) 0.00 55
2021-06-01 $454,800 (47.4%) $761,268 (57.5%) 0.00 63
2021-07-01 $449,900 (40.1%) $703,315 (41.6%) 0.00 75
2021-08-01 $396,450 (30.0%) $714,006 (27.6%) 0.00 80
2021-09-01 $388,725 (30.7%) $674,971 (17.8%) 0.00 77
2021-10-01 $394,690 (31.6%) $690,673 (23.0%) 0.00 72
2021-11-01 $387,358 (35.4%) $708,919 (35.1%) 0.00 77
2021-12-01 $389,239 (29.8%) $763,762 (41.6%) 0.00 64
2022-01-01 $387,500 (49.1%) $732,766 (54.0%) 0.00 56
2022-02-01 $321,750 (16.1%) $652,808 (29.4%) 0.00 62
2022-03-01 $357,450 (27.6%) $651,229 (15.4%) 0.00 60
2022-04-01 $424,999 (27.9%) $694,265 (5.1%) 0.00 76
2022-05-01 $392,375 (-0.6%) $641,421 (-14.9%) 0.00 94
2022-06-01 $395,200 (-13.1%) $637,480 (-16.3%) 0.00 124
2022-07-01 $439,000 (-2.4%) $651,593 (-7.4%) 0.00 142
2022-08-01 $402,450 (1.5%) $583,565 (-18.3%) 0.00 170
2022-09-01 $399,450 (2.8%) $571,122 (-15.4%) 0.00 200
2022-10-01 $399,000 (1.1%) $589,318 (-14.7%) 0.00 208
2022-11-01 $391,400 (1.0%) $565,910 (-20.2%) 0.00 198
2022-12-01 $396,450 (1.9%) $567,705 (-25.7%) 0.00 187
2023-01-01 $393,000 (1.4%) $561,630 (-23.4%) 0.00 176
2023-02-01 $377,425 (17.3%) $569,150 (-12.8%) 0.00 181
2023-03-01 $389,225 (8.9%) $560,883 (-13.9%) 0.00 168
2023-04-01 $399,900 (-5.9%) $618,241 (-11.0%) 0.00 145
2023-05-01 $437,450 (11.5%) $626,348 (-2.4%) 0.00 150
2023-06-01 $419,150 (6.1%) $566,919 (-11.1%) 0.00 160
2023-07-01 $399,000 (-9.1%) $542,556 (-16.7%) 0.00 182
2023-08-01 $423,750 (5.3%) $564,110 (-3.3%) 0.00 192
2023-09-01 $395,000 (-1.1%) $561,149 (-1.8%) 0.00 199
2023-10-01 $350,920 (-12.1%) $529,805 (-10.1%) 0.00 199
2023-11-01 $367,425 (-6.1%) $542,192 (-4.2%) 0.00 208
2023-12-01 $356,495 (-10.1%) $534,996 (-5.8%) 0.00 195
2024-01-01 $362,450 (-7.8%) $533,199 (-5.1%) 0.00 170
2024-02-01 $382,150 (1.3%) $519,544 (-8.7%) 0.00 163
2024-03-01 $359,900 (-7.5%) $517,901 (-7.7%) 0.00 157
2024-04-01 $395,000 (-1.2%) $531,063 (-14.1%) 0.00 157
Shelbyville's median listing price for 2024-04-01 was $395,000, a difference of $-4,900 (-1.2%) versus the prior year and $35,100 versus the prior month.

Shelbyville's median listing price comes in at 0% of the national average.

Shelbyville's average listing price for 2024-04-01 was $531,063, a difference of $-87,178 (-14.1%) versus the prior year and $13,162 versus the prior month.

For the 2024-04-01 period, Shelbyville had 157 MLS listings, a difference of 0 listings (0%) versus the prior month and 12 listings (8%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Shelbyville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,100 sqft
2018-02-01 0 days 2,032 sqft
2018-03-01 0 days 2,014 sqft
2018-04-01 0 days 1,989 sqft
2018-05-01 0 days 1,958 sqft
2018-06-01 0 days 1,992 sqft
2018-07-01 0 days 2,041 sqft
2018-08-01 0 days 1,946 sqft
2018-09-01 0 days 2,055 sqft
2018-10-01 0 days 2,096 sqft
2018-11-01 0 days 2,097 sqft
2018-12-01 0 days 2,007 sqft
2019-01-01 0 days 2,042 sqft
2019-02-01 0 days 1,863 sqft
2019-03-01 0 days 1,920 sqft
2019-04-01 0 days 1,990 sqft
2019-05-01 0 days 2,093 sqft
2019-06-01 0 days 2,124 sqft
2019-07-01 0 days 2,055 sqft
2019-08-01 0 days 1,969 sqft
2019-09-01 0 days 2,040 sqft
2019-10-01 0 days 2,076 sqft
2019-11-01 0 days 2,024 sqft
2019-12-01 0 days 1,950 sqft
2020-01-01 0 days 1,838 sqft
2020-02-01 0 days 1,955 sqft
2020-03-01 0 days 1,979 sqft
2020-04-01 0 days 1,953 sqft
2020-05-01 0 days 1,979 sqft
2020-06-01 0 days 2,059 sqft
2020-07-01 0 days 2,156 sqft
2020-08-01 0 days 2,204 sqft
2020-09-01 0 days 2,135 sqft
2020-10-01 0 days 1,981 sqft
2020-11-01 0 days 1,929 sqft
2020-12-01 0 days 1,937 sqft
2021-01-01 0 days 1,845 sqft
2021-02-01 0 days 1,891 sqft
2021-03-01 0 days 1,979 sqft
2021-04-01 0 days 1,982 sqft
2021-05-01 0 days 2,125 sqft
2021-06-01 0 days 2,381 sqft
2021-07-01 0 days 2,247 sqft
2021-08-01 0 days 2,035 sqft
2021-09-01 0 days 1,978 sqft
2021-10-01 0 days 1,989 sqft
2021-11-01 0 days 2,109 sqft
2021-12-01 0 days 2,130 sqft
2022-01-01 0 days 1,973 sqft
2022-02-01 0 days 1,675 sqft
2022-03-01 0 days 1,955 sqft
2022-04-01 0 days 1,973 sqft
2022-05-01 0 days 1,932 sqft
2022-06-01 0 days 1,973 sqft
2022-07-01 0 days 2,036 sqft
2022-08-01 0 days 1,961 sqft
2022-09-01 0 days 1,970 sqft
2022-10-01 0 days 1,973 sqft
2022-11-01 0 days 1,963 sqft
2022-12-01 0 days 1,973 sqft
2023-01-01 0 days 1,976 sqft
2023-02-01 0 days 1,933 sqft
2023-03-01 0 days 1,973 sqft
2023-04-01 0 days 1,959 sqft
2023-05-01 0 days 1,995 sqft
2023-06-01 0 days 1,973 sqft
2023-07-01 0 days 1,951 sqft
2023-08-01 0 days 1,956 sqft
2023-09-01 0 days 1,883 sqft
2023-10-01 0 days 1,849 sqft
2023-11-01 0 days 1,833 sqft
2023-12-01 0 days 1,736 sqft
2024-01-01 0 days 1,744 sqft
2024-02-01 0 days 1,797 sqft
2024-03-01 0 days 1,810 sqft
2024-04-01 0 days 1,766 sqft
Shelbyville's median listing age (time on market) for 2024-04-01 was 0 days.

Shelbyville's median square footage for active listings during the 2024-04-01 period was 1,766 sqft. One year prior, the average listing was 1,959 sqft.

Shelbyville, TN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 694 $198,070,000 $285,403
Cash Out Refi 224 $42,330,000 $188,973
Other 117 $9,865,000 $84,316
Refi 114 $36,320,000 $318,596
Home Improvement 75 $5,975,000 $79,667

Shelbyville's most frequently cited loan purpose was Home Purchase, with 694 originations. The 2nd most popular reason was Cash Out Refi, with 224 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 422 $119,060,000 $282,133
7-8% 282 $71,100,000 $252,128
Over 8% 254 $29,420,000 $115,827
5-6% 216 $63,740,000 $295,093
4-5% 20 $6,000,000 $300,000
<2.5% 5 $145,000 $29,000

During 2023, Shelbyville's most frequently originated rate bucket was 6-7%, with 422 originations.

Loan Sizing (Shelbyville, TN MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 560 $159,510,000 $284,839
$100,000 or less 273 $13,105,000 $48,004
$100k-200k 255 $38,645,000 $151,549
$400k-600k 99 $46,925,000 $473,990
$600k-1000k 31 $21,525,000 $694,355
$Over $1MM 6 $12,850,000 $2,141,667

Shelbyville's loan sizing saw the bucket of loans from $200k-400k with 560 originations, totaling $159,510,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 511 $157,405,000 $308,033
60-80% 215 $67,155,000 $312,349
Under 20% 190 $8,080,000 $42,526
20-40% 142 $18,150,000 $127,817
40-60% 120 $29,170,000 $243,083
Over 100% 25 $8,625,000 $345,000

Shelbyville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 511 originations, totaling $157,405,000 in origination value.