Murfreesboro, TN Home Values & Market Trends
Real estate market trends reflect that there have been 3,312 transactions over the past year in Murfreesboro. The median value for residential home transactions that occurred over the previous year is $406,261.16. The number of current listings in Murfreesboro is 204, and the percentage of properties for sale in the city is 204.00%. Murfreesboro, TN currently has 23 properties in foreclosure, 1 bank owned properties, 22 properties headed for auction, and 204 properties for sale.
Murfreesboro, TN Real Estate Market Overview
Housing Market Summary for Murfreesboro, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $373.9K | $389.4K | 4.15% |
| Median Sold Price | $390K | $389.4K | -0.16% |
| Homes For Sale | 228 | 210 | -7.89% |
| Homes Sold | 1,636 | 1,440 | -11.98% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Murfreesboro, TN
Browse Homes in Murfreesboro, TN
Murfreesboro home values range from $24,026 to $9,572,506. The median estimated value of a home in Murfreesboro is $406,261.16. The median list price of a home is 374,500, and the total count of properties in the city is 66,879.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Murfreesboro, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Murfreesboro, TN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Murfreesboro, TN ranges from the highest value of $302,393 in 37128 to the lowest value of $302,393 in 37128. Bank owned homes and properties account for 0.00% of properties in Murfreesboro, TN. There are 4 zips within Murfreesboro, TN; 37128 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions37128 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Murfreesboro, TN. Auction homes and other auction properties account for 0.03% of all properties in Murfreesboro, TN. There are 4 zips within Murfreesboro, TN; of those zips, the median estimated home value for homes going to auction ranges from $511,423 in 37129 to the lowest value of $173,881 in 37129.
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More Real Estate Resources for Murfreesboro, TN
Guide for Murfreesboro, TN
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The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws