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Featured local agent — Murfreesboro, TN
Sarah Mitchell
Compass Real Estate · Murfreesboro, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Murfreesboro, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$401,995median sale price
How is the Murfreesboro, TN housing market right now?
The median home sale price in Murfreesboro, TN is $401,995, down 5.7% year-over-year. Homes sell in an average of 58 days with 806 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Murfreesboro a buyer's or seller's market?
Murfreesboro, TN is currently a balanced market, based on 3.7 months of supply and homes selling in about 58 days. How we determine this →
Homes sold
219
Last 12 weeks
Days on market
58
Average pace
Active listings
806
3.7 months supply
Sale-to-list
98.6%
Below asking
What does the Murfreesboro housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $401,995 |
| Median list price | $442,990 |
| Year-over-year price change | -5.7% |
| Average days on market | 58 days |
| Active inventory | 806 listings |
| Months of supply | 3.7 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $214/sq ft |
| Homes sold (latest month) | 219 |
| New listings (latest month) | 274 |
| Listings with a price cut | 25.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Murfreesboro by property type?
How the Murfreesboro, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $440,000 | $217/sq ft | 165 | 57 days |
| Condo / Co-op | $302,990 | $212/sq ft | 9 | 86 days |
| Townhouse | $329,500 | $203/sq ft | 44 | 57 days |
Source: Redfin · Updated monthly
The Murfreesboro housing market is currently classified as a balanced market with a median sale price of $401,995. Prices have fallen 5.7% compared to last year, with homes spending an average of 58 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.6x provides context for how home values compare to local earning capacity.
Homes for sale in Murfreesboro
There are currently 806 homes listed for sale in Murfreesboro, Tennessee. The median listing price is $443K.
Active listings
806
Homes on market
Median list price
$443K
Avg. days on market
58
Days until sale
New this week
274
Newly listed
Who lives in Murfreesboro?
Population
157,547
Median income
$76,241/yr
Median age
31.4 years
Owner-occupied
53.3%
College grads
41.1%
Avg commute
26.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Murfreesboro?
Zillow home value
$430,236
Zillow rent index
$1,687/mo
Price-to-rent ratio
21.3x
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Murfreesboro?
Murfreesboro is a community of approximately 158K residents with a median age of 31.4 years.The median household income is $76,241, which reflects a relatively affluent area with strong earning potential. 41.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 53.3%, showing a blend of owner and renter-occupied properties. The average commute time is 26.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Murfreesboro offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Murfreesboro?
33 schools tracked · 28,946 students
The largest public schools serving Murfreesboro, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Blackman High School
Grades 9-12 · 2,233 students
Riverdale High School
Grades 9-12 · 2,124 students
Oakland High School
Grades 9-12 · 1,947 students
Siegel High School
Grades 9-12 · 1,873 students
Blackman Middle School
Grades 6-8 · 1,661 students
Central Magnet School
Grades 6-12 · 1,212 students
Siegel Middle School
Grades 6-8 · 1,191 students
Oakland Middle School
Grades 6-8 · 1,151 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Murfreesboro, TN?
Want a head-to-head view? Compare Murfreesboro side-by-side with any other U.S. city using our market-comparison tool.
Is Murfreesboro a good real estate investment market?
For investors evaluating Murfreesboro, the price-to-rent ratio of 21.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 5.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Murfreesboro's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Murfreesboro's median home price.
Frequently asked questions
What is the average home price in Murfreesboro?
The median home sale price in Murfreesboro is $401,995, down 5.7% from last year.
How long do homes stay on market in Murfreesboro?
Homes typically spend 58 days on market before going under contract.
What is the median income in Murfreesboro?
The median household income is $76,241 per year.
Is Murfreesboro a buyer's or seller's market?
With 3.7 months of supply, Murfreesboro is currently a balanced market.
What is the Zillow home value estimate for Murfreesboro?
The Zillow Home Value Index (ZHVI) for Murfreesboro is $430,236, representing the typical home value in the area.
What is the median condo price in Murfreesboro?
The median condo/co-op sale price in Murfreesboro, TN is $302,990, compared to $440,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Murfreesboro?
The median single-family home price in Murfreesboro, TN is $440,000 (about $217 per square foot).
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