Is Murfreesboro, TN 37128 a buyer’s or seller’s market?
Murfreesboro is a seller’s market. With about 3.6 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 34% of U.S. ZIP codes, and #82 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Murfreesboro housing market right now
In the three months ending August 31, 2026, 13% of homes in Murfreesboro, TN 37128 sold above their list price, the typical home went under contract in 64 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 360 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold more slowly (53 days then) and the median sale price fell 4% to $433,712. Overall, Murfreesboro is about as competitive as it was a year ago.
Within Rutherford County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell less often over asking than in 73%. On our competition score, Murfreesboro ranks #82 of 299 TN ZIP codes with enough sales (score 36 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.
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Nearby markets
Christiana 37037Balanced $241 /sq ftEagleville 37060Seller’s market $271 /sq ftLa Vergne 37086Balanced $216 /sq ftLascassas 37085Seller’s market $232 /sq ft Browse all markets →Towns like Murfreesboro nearby
Find towns like Murfreesboro in other states →Where Murfreesboro is
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Questions about Murfreesboro real estate
Is Murfreesboro a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Murfreesboro, TN 37128 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Murfreesboro?
The typical home went under contract in 64 days in the latest three months.
Do homes in Murfreesboro sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Murfreesboro?
About 0.48% of a home’s value a year in Rutherford County, or roughly $1,920 on a $400,000 home.
What is the median home price in Murfreesboro?
The median sale price was $433,712 in the three months ending August 31, 2026, about $216 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology