Murfreesboro TN Housing Market: Prices, Inventory and Sales Pace
Murfreesboro home values are reported between about $417,000 and $438,000, depending on the source and the measure. This guide explains what each figure means and why the numbers do not match.
The average is one of three figures that describe the city, and each uses its own method and date, so compare them carefully.
That is a different measure from Zillow's average, so the two numbers do not match.
Read these numbers as snapshots from different dates and methods, not as one price for the city. Realtor.com lists 1755 homes for sale in Murfreesboro, with a median listing price of $469,900 [1].
Why do median and average prices differ?
A median is the middle sale: half of homes sell for more than it and half sell for less. Because one unusually expensive or cheap sale does not move it much, the median gives you a steady picture of what a typical home costs.
An average works differently. It adds every value together and divides by the number of homes, so every sale counts equally. A few very expensive homes can pull the average well above the middle sale, even when most homes sell much lower.
Imagine a neighborhood where nine homes sell in a similar range and one luxury home sells for far more. The median barely changes, because it still lands on a typical home. The average jumps toward the luxury sale, because that one large number goes into the total.
When you read a market report, compare the two figures. If the average sits well above the median, the top end of the market is probably lifting the total. If they are close, prices are spread more evenly across homes. Neither number is wrong; they answer different questions. For a closer look, read Corpus Christi TX Housing Market: Prices, Inventory, Days on Market.
Listing prices are a different measure
Listing prices are easy to confuse with sale prices. Realtor.com lists a median listing price of $469,900 for Murfreesboro homes for sale. [1]
This is an asking price that sellers have set, not a price a buyer has paid, so the final sale can land above or below it.
For a budget, start with the median sale as your middle reference point. Then look at the average to see how much expensive homes are shifting the total. Keep asking prices separate from closed sales when you compare figures across sources. Learn more in Newark NJ Housing Market: Prices, Inventory and Sales Pace.
How many homes are for sale in Murfreesboro right now?
Realtor.com shows 1,755 homes for sale in Murfreesboro, TN. [1] The listing page does not say which date that count covers, so treat it as a rough snapshot of the city's supply rather than a current figure.
The county count from March 2026
A March 2026 report covers the wider Rutherford County market, not Murfreesboro alone. It showed 1,709 active listings and 3.6 months of supply. [2]
The two figures cover different areas, so you should not subtract one from the other or rank them against each other. The city count is a listing-page total, and the county count is a monthly report.
What a higher count means for you
A higher count of listings usually gives buyers more choice. If the Murfreesboro count rose from one month to the next, you would have more homes to tour, but only if both numbers come from the same source and cover the same area.
Compare counts across dates before you decide whether the market is loosening or tightening. One snapshot shows the supply on a single day. Two or three readings from the same source show a direction. A single count can also swing with seasonal listing activity, so a short-term change may not last.
For a home search, use the listing count as one input. Pair it with the price trend and the sales pace before you decide when to make an offer.
How competitive is the Murfreesboro market?
Redfin rates the Murfreesboro, TN housing market as somewhat competitive, scoring 48 out of 100 [3]. For you, that places the market in the middle: homes are not sitting untouched, but buyers are not racing to outbid one another either.
What a middle score tells you
A score in the middle of the scale suggests that buyers have some room, but it is one indicator, not a forecast. It describes conditions at the time it was measured. It does not say whether prices will rise or fall in the coming months.
Think of two similar homes listed in the same week. In a market with some room, you have a reasonable chance to ask for a lower price or a repair credit on the home that has sat longer. In a faster market, the same request is harder to win, because another buyer may already be ready to pay full price.
Pair the score with two other measures
Do not decide on timing from the score alone. Pair it with these two measures:
- Listing count: Are more homes coming on the market, or fewer? More listings give you more choice and more leverage.
- Price trend: Are prices flat, rising or falling? A falling trend strengthens your position, while a rising one can make waiting more expensive.
Look at each measure over the same stretch of time. A score from one month and a listing count from another can point you in different directions.
A simple way to use the score
Start with the score as a general signal of how hard you will need to push. Then compare the listing count and price trend for the neighborhoods and price range you want. For example, if the score is mid-range but listings are climbing and prices are slipping, you can afford to take more time and make lower offers. If all three point the same way, your timing decision rests on firmer ground. If they disagree, give more weight to the homes you can actually see and compare.
How does Murfreesboro compare with Tennessee and Rutherford County?
Murfreesboro against Tennessee
Esri's 2025 data puts Murfreesboro's median home value 24% above the Tennessee figure of $331,079 [4]. For you, that means a statewide figure will understate what a typical Murfreesboro home costs.
The affordability index
Esri also reports a housing affordability index of 74 for Murfreesboro, using 2025 data [4]. Read it next to the price gap rather than on its own.
Adding Rutherford County
Murfreesboro sits in Rutherford County, so the county is the next comparison most readers make. Set the county figure beside the city figure only when both use the same measure and the same date. Otherwise the gap you see may come from the definitions, not from the places.
Matching the measure and the date
A median and an average can differ by a wide margin, so a comparison between them misleads. A county figure from one month should not be set against a city figure from a different year. Many readers skip this step and end up comparing a listing price with a sale value, which produces a misleading gap.
Here is how to make a fair comparison:
- Pick two figures that both describe a median home value, or both describe a median listing price.
- Make sure both cover the same period.
- Compare the city, the county and the state using that matching pair.
If the pair does not match, use each figure on its own terms.
How should you use these figures for your own decision?
Before you act on any Murfreesboro figure, find out its source, its date and whether it is a median, an average or a listing price. Those three measures can describe the same city and still point in different directions.
When you set city, county and state numbers side by side, use them only if the definitions match. A city median next to a county average tells you very little.
Treat each figure as a snapshot, because values and listing counts change from month to month. Track one source over several months, and let that trend guide any offer or asking price you set.