Shelbyville Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Shelbyville averaged 6.58% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.47% and one month ago for the week of 2024-11-07, the average rate was 6.67%.

    Shelbyville's average rate one year ago was 7.11%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.9%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Shelbyville 30 Year Fixed Rate 2024-12-12 6.58%
    Shelbyville 30 Year Fixed Rate Refi 2024-12-12 6.9%
    Shelbyville 15 Year Fixed Rate 2024-12-12 5.74%
    Shelbyville 15 Year Fixed Rate Refi 2024-12-12 5.94%
    Shelbyville 30 Year FHA 2024-12-12 6.04%
    Shelbyville 30 Year FHA Refi 2024-12-12 6.48%
    Shelbyville 30 Year USDA 2024-12-12 6.5%
    Shelbyville 30 Year USDA Refi 2024-12-12 6.2%
    Shelbyville 30 Year VA 2024-12-12 6.2%
    Shelbyville 30 Year VA Refi 2024-12-12 5.98%
    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
    2024-05-01 $381,890 (-12.7%) $527,620 (-15.8%) 0.00 161
    2024-06-01 $388,780 (-7.3%) $545,529 (-3.8%) 0.00 170
    2024-07-01 $399,000 (0.0%) $572,116 (5.5%) 0.00 176
    2024-08-01 $404,900 (-4.5%) $633,639 (12.3%) 0.00 196
    2024-09-01 $399,000 (1.0%) $608,454 (8.4%) 0.00 226
    2024-10-01 $399,000 (13.7%) $593,509 (12.0%) 0.00 213
    2024-11-01 $375,000 (2.1%) $568,797 (4.9%) 0.00 236
    Shelbyville's median listing price for 2024-11-01 was $375,000, a difference of $7,575 (2.1%) versus the prior year and $-24,000 versus the prior month.

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

    Shelbyville's average listing price for 2024-11-01 was $568,797, a difference of $26,605 (4.9%) versus the prior year and $-24,712 versus the prior month.

    For the 2024-11-01 period, Shelbyville had 236 MLS listings, a difference of 23 listings (11%) versus the prior month and 28 listings (13%) 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
    2024-05-01 0 days 1,824 sqft
    2024-06-01 0 days 1,865 sqft
    2024-07-01 0 days 1,884 sqft
    2024-08-01 0 days 1,886 sqft
    2024-09-01 0 days 1,869 sqft
    2024-10-01 0 days 1,850 sqft
    2024-11-01 0 days 1,813 sqft
    Shelbyville's median listing age (time on market) for 2024-11-01 was 0 days.

    Shelbyville's median square footage for active listings during the 2024-11-01 period was 1,813 sqft. One year prior, the average listing was 1,833 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.