Is Murfreesboro, AR 71958 a buyer’s or seller’s market?
Murfreesboro is a buyer’s market. With about 35.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Murfreesboro housing market right now
In the three months ending August 31, 2026, 0% of homes in Murfreesboro, AR 71958 sold above their list price, the typical home went under contract in 229 days and there were 35.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (91 days then) and the median sale price rose 18% to $203,912. Overall, Murfreesboro is less competitive than a year ago, which gives buyers more room.
Within Pike County, homes here sell less often over asking than in any other ZIP code in the county.
Run the numbers for 71958
Nearby markets
Delight 71940Buyer’s market $64 /sq ftGlenwood 71943Buyer’s market $164 /sq ftKirby 71950Buyer’s market $817 /sq ftNewhope 71959Seller’s market $101 /sq ft Browse all markets →Towns like Murfreesboro nearby
Find towns like Murfreesboro in other states →Where Murfreesboro is
Loading map…
Questions about Murfreesboro real estate
Is Murfreesboro a buyer’s or seller’s market?
A buyer’s market: there were 35.2 months of supply in Murfreesboro, AR 71958 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 229 days in the latest three months.
Do homes in Murfreesboro sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 102.0% of the list price.
What are property taxes in Murfreesboro?
About 0.59% of a home’s value a year in Pike County, or roughly $2,360 on a $400,000 home.
What is the median home price in Murfreesboro?
The median sale price was $203,912 in the three months ending August 31, 2026, about $104 per square foot.
Local agents
See all agents in 71958 →No sponsored agents in 71958 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 71958
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology