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Murfreesboro real estate market statistics: As of February 18, 2019 there are 790 active properties for sale in Murfreesboro with an average listing price of $350,001. The highest-priced property listing is $4,500,000, while the lowest priced property can be purchased for $100,000. Properties in Murfreesboro have an average price of $144 per square foot, based on listings with an average of 3.6 bedrooms, 2.8 bathrooms, and 2,488 square feet of living space.
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Selling or buying a home in Murfreesboro soon? Call The Ashton Real Estate Group of RE/MAX Advantage at (615) 301-1650. Our community of local RE/MAX agents will help you navigate the Murfreesboro, TN housing market.
Murfreesboro was designed as the capital of Tennessee in 1826, but was later replaced by Nashville. The Murfreesboro community has a population of 117,000 people and covers a total area of 39.2 square miles within the zip codes 37127, 37128, 37129, and 37130. With such a large population, the Murfreesboro housing market has a large supply of homes for sale. It is geographically centered in the state of Tennessee and has quietly blossomed into one of Tennessee's best cities in regards to economic opportunities, convenience, and location. Murfreesboro ranks as the 11th fastest growing city in a study of 500 cities across the country, including its housing and real estate market. The local job growth here exceeds the national average and the unemployment rate is one of the lowest in the state.
As the largest city in Rutherford County, Murfreesboro has grown dramatically since 2000. This growth has brought many new home buyers, as well as trendy restaurants, retail stores, parks and recreation, and a lot of entertainment options. As far as education for its residents and the children of potential home owners, it's overseen by Murfreesboro City Schools, focusing on Pre-K through 6th grade. The city has 12 schools serving 7,200 students. High schools are overseen by Rutherford County Schools, with 42 schools and over 40,000 students.
The median home price in Murfreesboro is $168,000, which is a steal for such a great location with a lot of economic opportunities and growth. Murfreesboro is also a college town suburb of Nashville as it is home to Middle Tennessee State University, the largest undergraduate university in the state. Home sales in the area have increased due to the low cost of living and all it has to offer residents living in the community. Murfreesboro is primarily an urban area with little rural development. Its residential and housing market are segregated into subdivisions, where many unique neighborhoods have sprung up, all with their own unique personalities.
In Murfreesboro, you will find a wide variety of housing types to satisfy the needs of everyone, including townhouses, condominiums, and single-family homes. Murfreesboro has many amenities to offer its residents and potential home buyers since it's within a short drive to Nashville, where you can cheer on Nashville professional sports teams, enjoy many music events, and visit Nashville's Historic District — now that is convenience. Living in Murfreesboro puts you close to everything, only 30 miles from the Nashville International Airport, 5 miles from supercenters, and 9 miles to Middle Tennessee State University. Murfreesboro has been named the most livable town in Tennessee. It is the fastest growing city in the state, and with so many new homes to purchase and things to offer, it's no wonder why. Murfreesboro provides a great quality of life — plenty of housing opportunities, excellent schools, employment opportunities, many services and recreational activities, and nearby medical facilities. Now, wouldn't you consider that a great place to call home? Whatever your budget happens to be on your new home, you're likely to find a very desirable home in the fast-growing city of Murfreesboro.
If you plan on moving to Murfreesboro, Tennessee in the near future, you'll likely find yourself living in one of the welcoming neighborhoods in the area. When you're ready to find the best home possible in Murfreesboro, consider The Ashton Real Estate Group to make your real estate transaction a breeze. If you would like a Murfreesboro home showing or tour, contact us today at (615) 301-1650.
Planning to buy or sell a home in Murfreesboro? Let our local real estate team guide you through the sale of your current residence or purchase your next Murfreesboro property. As Nashville area RE/MAX agents, we're well-versed in the unique market dynamics of Murfreesboro real estate. We're ready to work with you today!
Contact The Ashton Real Estate Group of RE/MAX Advantage to learn more about representation for buyers and sellers. Preparing to sell your Murfreesboro home? View our comparative market analysis page to receive a free home value estimate within moments.
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Listing information last updated on February 18th, 2019 at 6:29pm CST.
