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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

$668,015

AVERAGE PRICE OF 1,262 HOMES

$556,630

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,575,646

AVERAGE PRICE OF 107 MULTI-MILLION DOLLAR HOMES

$555,455

AVERAGE PRICE OF 535 NEWLY BUILT HOMES

$856,101

AVERAGE PRICE OF 68 HOMES WITH A POOL

$532,988

AVERAGE PRICE OF 60 REDUCED PRICE HOMES

Average Home

Average Price $668,015
Avg Bedrooms 3.1 beds
Avg Bathrooms 2.67 baths

Average Price by Bedrooms

1 bedroom $486,941
2 bedrooms $352,354
3 bedrooms $462,188
4 bedrooms $619,745
5 bedrooms $815,701
Murfreesboro Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 1,296 1,299 1,287 1,214 1,206
Average Price $659,980 $642,642 $656,899 $670,432 $677,037
Avg Price Change +2.70% -2.22% -2.06% -0.99% -0.76%
Median Price $479,894 $473,331 $469,268 $472,992 $477,199
Med Price Change +1.39% +0.87% -0.79% -0.89% +0.21%
Avg Bedrooms 3.12 beds 3.12 beds 3.1 beds 3.09 beds 3.09 beds
Avg Bathrooms 2.69 baths 2.69 baths 2.69 baths 2.68 baths 2.71 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Riverdale High School 267 $482,422 60 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,262 $668,015 77 days
Distressed Homes 3 $556,630 91 days
Multi-Million Dollar Homes 107 $2,575,646 194 days
Newly Built Homes 535 $555,455 69 days
Homes with a Pool 68 $856,101 52 days
Reduced Price Homes 60 $532,988 47 days