Murfreesboro homes are very popular and selling fast.  The average days on market is down to 6 days and the list price to sales price ratio is 102%. Most homes have multiple offers the first day on market.

• 425 Murfreesboro homes sold during the month of May compared to 422 for the same month of 2020
• 1203 homes are currently pending sale most are new construction homes waiting to be finished
• 126 Murfreesboro homes are listed in the Nashville MLS as available for purchase
• the average size of homes sold during the month of May was 2273 square feet
• the list price to sale price ratio of homes sold was 102%
• the absorption rate is currently less than 1 week
• The average price of Murfreesboro homes sold during the month was $374,567 compared to $304,910 last year an increase of 22.8%
• The average price per square foot of homes sold was $168, an increase of 17% year over year

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

Murfreesboro home sales are on fire right now with more homes closing for the month that is currently available for sale.  The absorption rate for homes is less than one month and the average days on market is 13 days.

• 346 Murfreesboro homes sold during the month of February compared to 295 for the same month of 2020
• 1110 homes are currently pending sale most are new construction homes waiting to be finished
• 172 Murfreesboro homes are listed in the Nashville MLS as available for purchase
• the average size of homes sold during the month of February was 2167 square feet
• the list price to sale price ratio of homes sold was 100.12%
• the absorption rate is currently less than 1 month
• The average price of Murfreesboro homes sold during the month was $332,944 compared to $299,622 last year an increase of 11%
• The average price per square foot of homes sold was $157, an increase of 10.6% year over year

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

The most popular Murfreesboro neighborhoods based on 2020 homes sales are as follows

• Evergreen Farms – Single family homes priced from $240,000 to $340,000
• Shelton Square – single family homes on the west side of I-24 from $400,000 to over $700,000
• Three Rivers – single family homes from $275,000 to over $400,000
• Brighton Park – homes from $300,000 to over $500,000
• South Haven –  homes from $350,000 to over $550,000
• Davenport Station – Murfreesboro homes from $325,000 to $525,000
• Barfield Downs – single family Murfreesboro homes from 2000 to 2800 square feet starting at $325,000
• Westlawn – Murfreesboro homes build by DR Horton priced from $350,000 to $450,000
• Puckett station – homes from $250,000 to over $700,000
• Nature Walk – located west of Murfreesboro close to Almaville rd and highway 96
• Griffith Park – DR Horton homes from $300,000 to $350,000
• Blackman Meadows – Luxury homes from $375,000 to $500,000
• Rivers Edge – single family homes from $350,000 to $455,000
• Kingdom Ridge – single family homes from $1600 square feet to over 3000 square feet with prices starting at $300,000
• Cascade Falls -homes averaging 2600 square feet and $385,000
• Sheffield Park – Beazer homes averaging 27oo square feet and $450,000
• Caroline Farms –  Single family homes from $329,000 to $410,000
• Indian Hills – a golf course community close to I-24 at highway 231
• Madison Cove – brick homes from 2600 square feet to over 3500 square feet
• Cason Grove – affordable Murfreesboro homes from $250,000

For the most-up-to-date information on Murfreesboro homes, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new listings come on the market or price reductions are posted.

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5341 Murfreesboro homes sold during the year 2020 with the average price of homes sold being $310,704 and the average size being 2158 square feet. The price of homes increased 7% compared to 2019 and I expect the prices to increase in 2021 at a similar rate.

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(all data current as of 1/27/2022)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Murfreesboro home sales are on fire right now with more homes closing for the month that is currently available for sale.  The absorption rate for homes is less than one month and the average days on market is 16 days.

• 467 Murfreesboro homes sold during the month of October compared to 420 for the same month of 2019
• 1058 homes are currently pending sale most are new construction homes waiting to be finished
• 308 Murfreesboro homes are listed in the Nashville MLS as available for purchase
• the average size of homes sold during the month of October was 2175 square feet
• the list price to sale price ratio of homes sold was 99.7%
• the absorption rate is currently less than 1 month
• The average price of Murfreesboro homes sold during the month was $317,192 compared to $287,320 last year an increase of 10.3%
• The average price per square foot of homes sold was $149, an increase of 5.6% year over year

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 Even during the virus Murfreesboro real estate was still fairly active with 400 closings for the month of May, that’s still down from the previous year, but not a low as most people would have expected. The average price of homes sold during the month increased 6.5% compared to May of 2019

• 400 Murfreesboro homes sold during the month of May compared to 467 for the same month of 2019
• 927 homes are currently pending sale
• 541 Murfreesboro homes are listed in the Nashville MLS as available for purchase
• the average size of homes sold during the month of May was 2141 square feet
• the list price to sale price ratio of homes sold was 99%
• the absorption rate is currently less than 2 months
• The average price of Murfreesboro homes sold during the month was $303,601
• The average price per square foot of homes sold was $144, an increase of 5% year over year

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Murfreesboro homes are in a seller’s market. During the month of  April the median days on market was only 8 days and the list price to sales price ratio was 99.7%.

• 339 Murfreesboro homes sold during the month of April, and increase of 9.7% over April of 2017
• 541 homes are currently pending sale
• 544 Murfreesboro homes are listed in the Nashville MLS as available for purchase
• the average size of homes sold during the month of April was 2253 square feet
• the list price to sale price ratio of homes sold was 99.7%
• the absorption rate is currently less than 2 months
• The average price of Murfreesboro homes sold during the month was $297,273
• The average price per square foot of homes sold was $132, an increase of 11.8% year over year

Search for Murfreesboro homes for sale here

For the most-up-to-date information on Murfreesboro home values , then we urge you to contact us. We can assist you with all aspects of buying or selling property in this and other areas in the Nashville MLS. Also ask to be placed on an instant notification system when any new homes come on the market or price reductions are posted.

Murfreesboro Tennessee is located approximately 30 miles southeast of Nashville and is home to the largest university in Tennessee in Middle Tennessee State University. Now one of the fastest growing cities in the Nashville area, Murfreesboro has plenty of recreation activities, low taxes, and easy interstate access to I-24 and I-840, many Murfreesboro home owners commute to downtown Nashville, Cool Springs, or Brentwood.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area.

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(all data current as of 1/27/2022)

Listing information deemed reliable but not guaranteed. Read full disclaimer.