Murfreesboro Homes for Sale – April 2023

Murfreesboro home sales are still slowing down due to the impact of high interest rates. The number of closings for March was down 14.9% compared to March of 2022 but the median price of homes sold was only down 2%.  The median days on market is up to 14 days compared to just 2 day last year. Buyers have a better chance to find something in this market but homes are still selling pretty quick.

• 348 Murfreesboro homes sold during the month of March compared to 400 last year
• 661 homes are currently pending sale most are new construction homes waiting to be finished
• 537 Murfreesboro homes are listed in the Nashville MLS as available for purchase
• the average size of homes sold during the month of March was 2226 square feet
• the list price to sale price ratio of homes sold was 99%
• The median price of Murfreesboro homes sold during the month was $414,950 compared to $424,696  last year a slight reduction of 2%
• The median price per square foot of homes sold was $204, compared to $199 last year

Search for Murfreesboro homes for sale here. See the top Murfreesboro neighborhoods here