Is Murfreesboro, TN 37127 a buyer’s or seller’s market?

The Murfreesboro housing market right now

In the three months ending August 31, 2026, 13% of homes in Murfreesboro, TN 37127 sold above their list price, the typical home went under contract in 44 days and there were 5.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 93 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold faster (55 days then) and the median sale price fell 9% to $399,817. Overall, Murfreesboro is about as competitive as it was a year ago.

Within Rutherford County, homes here sell faster than in 91% of the county’s ZIP codes, and sell less often over asking than in 64%. On our competition score, Murfreesboro ranks #75 of 299 TN ZIP codes with enough sales (score 37 out of 100).

Nearby, buyers who want less competition could look at Readyville 37149 (0% sold over asking) or Milton 37118 (0% sold over asking), while Christiana 37037 (21% sold over asking) and Rockvale 37153 (19% sold over asking) are even more competitive.