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Murfreesboro

Why you'd want to live in Murfreesboro

Murfreesboro, Tennessee, nestled in Rutherford County, seamlessly blends history and modernity. Established in 1811, it has evolved into a dynamic city, about 34 miles southeast of Nashville. Home to Middle Tennessee State University, Murfreesboro thrives as an education hub, contributing to its cultural and academic richness. The city's economic landscape is diverse, featuring healthcare, manufacturing, and technology sectors. Murfreesboro's cultural vibrancy is evident in events like the Main Street JazzFest, fostering community engagement. Its real estate mix includes historic homes and modern developments, with parks like Barfield Crescent Park enhancing the quality of life. Community engagement flourishes, supported by events like the Murfreesboro Farmers' Market and a commitment to local businesses. Healthcare facilities like Saint Thomas Rutherford Hospital ensure residents' well-being. Murfreesboro's strategic location and accessible transportation, including Interstate 24, contribute to its connectivity. In summary, Murfreesboro stands as a city where history meets progress, offering educational prominence, economic diversity, cultural richness, and a vibrant community spirit.

Murfreesboro Market Report

$677,572

AVERAGE PRICE OF 1,118 HOMES

$627,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,775,041

AVERAGE PRICE OF 90 MULTI-MILLION DOLLAR HOMES

$567,918

AVERAGE PRICE OF 507 NEWLY BUILT HOMES

$1,020,486

AVERAGE PRICE OF 40 HOMES WITH A POOL

$472,512

AVERAGE PRICE OF 40 REDUCED PRICE HOMES

Average Home

Average Price $677,572
Avg Bedrooms 3.07 beds
Avg Bathrooms 2.7 baths

Average Price by Bedrooms

1 bedroom $549,510
2 bedrooms $329,980
3 bedrooms $474,901
4 bedrooms $613,258
5 bedrooms $944,305
Murfreesboro Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 1,061 1,024 1,037 1,122 1,193
Average Price $686,817 $663,426 $672,296 $663,314 $652,836
Avg Price Change +3.53% -1.34% +1.35% +1.60% +4.01%
Median Price $479,681 $481,852 $479,912 $473,282 $471,540
Med Price Change -0.45% +0.40% +1.40% +0.37% -0.29%
Avg Bedrooms 3.01 beds 3.04 beds 3.05 beds 3.02 beds 3.01 beds
Avg Bathrooms 2.66 baths 2.67 baths 2.66 baths 2.62 baths 2.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Rockvale High School 258 $510,418 72 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,118 $677,572 80 days
Distressed Homes 2 $627,450 94 days
Multi-Million Dollar Homes 90 $2,775,041 192 days
Newly Built Homes 507 $567,918 79 days
Homes with a Pool 40 $1,020,486 46 days
Reduced Price Homes 40 $472,512 40 days