Is Shelbyville, TX 75973 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Shelbyville is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Shelbyville housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Shelby County, TX

Population	2,453
Median income	$67,023
Average income	$83,248
Median home value	$130,800
Median rent	$1,024/month
Owner-occupied	87% of homes
Median year built	1990

Natural hazard riskExtreme heat (relatively high), tornadoes (relatively high), wildfire (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 75973; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 75973

Prefilled for 75973Can I win this house?Multiple-offer likelihood for a listing Prefilled for 75973Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Center 75935Buyer’s market $28 /sq ft Joaquin 75954 — /sq ft Tenaha 75974 — /sq ft Timpson 75975Buyer’s market — /sq ft Browse all markets →

Towns like Shelbyville nearby

Find towns like Shelbyville in other states →

Florien, LA71429 · 33 miles away90% similarVery close on income, prices and more Converse, LA71419 · 16 miles away88% similaryounger residents Gary, TX75643 · 33 miles away84% similaryounger residents De Berry, TX75639 · 39 miles away81% similarpricier homes ($28K more) · 6 min shorter commute

Where Shelbyville is

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Questions about Shelbyville real estate

What are property taxes in Shelbyville?

About 1.01% of a home’s value a year in Shelby County, or roughly $4,040 on a $400,000 home.

Local agents

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More tools for 75973

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Shelby County property taxes Shelby County loan limits Closing costs in Texas Hottest ZIP codes in Texas

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology