Colonial Estates
Murfreesboro, Tennessee 37127
A neighborhood off Shelbyville Pike that has been building since about 1970 and has not stopped. Original sections on large lots sit a few streets from homes built in the 2010s. Two eras, one name, and a lot size you cannot buy new in Murfreesboro today.
Turner Victory Team data from Realtracs MLS shows the median home price in Colonial Estates is currently $430,000, with 4 active listings and a Tru Days on Market™ of 21 days. Updated weekly from Realtracs MLS.
View Homes for SaleColonial Estates Murfreesboro TN: One Name, Two Very Different Neighborhoods
Colonial Estates sits along Shelbyville Pike on the southeastern side of Murfreesboro in the 37127 ZIP code. The neighborhood dates to about 1970 and has been developing in sections ever since, which is unusual. Most Murfreesboro subdivisions get built out over five or ten years and then stop. This one has been adding sections for more than four decades, and Realtracs plat records go up through Section 13.
That long build-out is the single most important thing to understand before you search here. The original sections along Chesterfield Drive and Cynthia Lane are a different product from the Section 12 phases on Drema Court. Different decade, different construction, different lot character, different price. Both carry a Colonial Estates address and both show up in the same search.
What ties the two together is land. Lot sizes across the neighborhood run well above what the same budget buys in a newer Murfreesboro subdivision, and the streets themselves help. Chesterfield Drive, Cynthia Lane, Drema Court, Laurel Lane, McKaig Road, and Wilmington Court mostly dead-end or loop back on themselves, so through traffic stays low. Combine that with a low HOA and you get a neighborhood people stay in. See the wider South Murfreesboro corridor or all of Murfreesboro.
Lot Sizes You Cannot Buy New
Parcels here run substantially larger than what the same money buys in a newer Murfreesboro subdivision, and the original sections carry the biggest ones. That is not something a builder can offer you today at this price point anywhere in the city.
Four Decades of Housing Stock
With records running from about 1970 through the Section 12 phases that finished around 2019, a buyer can shop original brick, mid-period construction, or 2010s builds without leaving the neighborhood. Very few Murfreesboro subdivisions offer that range inside one HOA.
Quiet Streets, Real Access
Most streets in Colonial Estates dead-end or loop, so through traffic is minimal. Shelbyville Pike handles daily errands, the South Church Street retail corridor is a short drive, and Interstate 24 is reachable by way of Joe B. Jackson Parkway.
There Are Two Colonial Estates, and the MLS Does Not Separate Them
Realtracs files every section of this neighborhood under the same subdivision name, so the median you see anywhere online, including the number at the top of this page, blends homes built four decades apart. That is not a flaw in the data. It is the reality of a neighborhood that never stopped building. Here is what actually sits underneath that single number.
The Original Colonial Estates
The established side, with records going back to about 1970. This is where the largest lots are and where the mature trees are. Homes here have a condition story, because a house that has stood for four decades has either been updated or it has not.
- Streets include Chesterfield Drive, Cynthia Lane, and Laurel Lane
- Generally the larger parcels in the neighborhood
- Condition ranges from fully renovated to close to original
- Resale only, no builder inventory
The Newer Colonial Estates
The newer side, platted across phases 1A through 1G and 2A through 2B, with Section 13 behind it. Built out through roughly 2019, and this is where nearly all of the neighborhood’s recent transaction activity sits, and it is a materially different product from the original sections.
- Centered on Drema Court and Wilmington Court
- Filed as “Colonial Estates Sec 12 Ph 1A” through “Ph 2B”
- Modern floor plans and current mechanical systems
- Smaller lots than the original sections, larger than most new subdivisions
- Roughly six in ten recent Colonial Estates records sit here
What this means when you are pricing: a home on Chesterfield Drive and a home on Drema Court are not comparable properties, even though they share a subdivision name, an HOA, and a school zone. Any automated estimate you pull for a Colonial Estates address is averaging both. The Turner Victory Team runs comparable sales by section and by condition rather than by subdivision name, which is the difference between a price that holds and a price that gets reduced twice.
The Honest Picture: What to Know Before You Decide
Colonial Estates does several things well and has real tradeoffs, and which ones matter depends entirely on your situation and which side of the neighborhood you are looking at. Here is how our team frames it in plain terms.
What Works Well Here
- Lot sizes well above what comparable newer subdivisions offer
- Low HOA relative to the amenity-heavy communities on the west side
- Streets that dead-end or loop, so through traffic stays minimal
- Mature trees and established streetscapes in the original sections
- Newer construction available in Section 12 without leaving the neighborhood
- An optional community pool, joinable for a separate fee
- Shelbyville Pike handles daily errands with South Church Street retail nearby
- Christiana Elementary and Christiana Middle sit just outside the neighborhood
- Four decades of sales history, which makes pricing by section genuinely possible
What to Consider
- One subdivision name covers two eras, so online estimates blend them
- Condition in the original sections varies from fully updated to original
- Older homes mean roof, HVAC, and plumbing age needs careful inspection
- HOA dues and transfer fees likely differ by section, so get yours in writing
- The community pool is optional and costs extra, billed separately from HOA dues
- No clubhouse or fitness center of the kind newer master-planned communities offer
Colonial Estates Murfreesboro TN Live Market Snapshot
Updated weekly from Realtracs MLS through Turner Victory Team’s Tru Insights™. These are the same numbers our team uses when advising buyers and sellers in Colonial Estates.
About This Data
The Turner Victory Team calculates Colonial Estates - Murfreesboro at 8.0 months of supply from Realtracs MLS data. Turner Victory Team Tru Insights™ puts the average Tru Days on Market™ at 21 days. Reading both figures together, the Turner Victory Team sees a market that favors buyers.
Tru Days on Market™ is the Turner Victory Team metric that tracks the total cumulative time a property has been listed across every relist and cancellation. Unlike standard MLS days on market, the Turner Victory Team’s Tru DOM™ does not reset to zero when a home is relisted at a lower price.
% of Original Price is calculated from the Turner Victory Team’s Tru Original List Price™, which reflects the average sale price as a percentage of the very first list price before any reductions or relistings. A number below 100% indicates sellers are accepting less than their original ask.
Market data compiled by the Turner Victory Team at Onward Real Estate, Murfreesboro TN. Tru Days on Market™ and % of Original Price are Turner Victory Team Tru Insights™ metrics. Source: Realtracs MLS. Updated weekly. © 2026 Turner Victory Team.
What the Homes in Colonial Estates Are Actually Like
The ranges below are compiled from every Colonial Estates record in Realtracs MLS across all sections, not from a single listing or a builder brochure. Because the neighborhood spans four decades of construction, expect these ranges to be wide. That width is the point. There is no HOA figure in this data, so none is published here. Ask us for the current dues and transfer fee on the specific section you are considering.
The Turner Victory Team compiles these ranges from 75 Realtracs MLS records in Colonial Estates, Murfreesboro. Updated weekly.
Turner Victory Team Production in Colonial Estates
Based on information from Realtracs® for the period August 2002 through July 2021.
What Sellers in Colonial Estates Need to Know
Pricing a Colonial Estates home is harder than the transaction volume suggests, and the reason is the split. This neighborhood produces a healthy number of sales, but those sales come from two populations of homes that have very little to do with each other. Using all of them to price one house is how a seller ends up either leaving money on the table or sitting through two reductions.
An automated estimate makes that problem worse, not better. Every portal pulls Colonial Estates as a single subdivision, averages the original sections against the Section 12 phases, and hands you one number. If your home is a recent build on Drema Court, that number is likely dragging you down. If your home is an original-section house that has not been updated, the same number may be pulling you up toward a price the market will not support.
There is a second issue specific to this neighborhood. Realtracs carries the older sections under an abbreviated name, “Colonial Est Sec,” alongside the full spelling. A portal search or a saved search built on the full name alone quietly misses those records. That means some sellers are being priced against an incomplete picture of their own neighborhood without knowing it. Our Tru Insights™ platform consolidates both spellings, which is why the snapshot on this page covers the whole neighborhood rather than part of it.
What the MLS also does not show is a home’s full listing history. When a property is listed, pulled, and relisted, the most recent period looks short. Tru Days on Market™ tracks cumulative time across every listing period, and Tru Original List Price™ measures the final sale against the very first asking price rather than the last reduced one. Both sides of a negotiation deserve to see that.
What We Bring to Every Colonial Estates Seller
We price your home against the right section, not the blended subdivision average. We can show you what has actually closed on your side of the neighborhood, what those sellers first asked, and what they finally accepted.
Our marketing director handles professional photography, listing presentation, and market exposure. Your agent handles the strategy, the negotiations, and the communication every step of the way.
No pressure, no obligation. Start with the data conversation and decide from there.
Reach OutWhere Colonial Estates Sits and Why It Matters
Colonial Estates sits along Shelbyville Pike on the southeastern side of Murfreesboro, inside the 37127 ZIP code in Rutherford County. Shelbyville Pike is part of the same spine as South Church Street, which is also US 231 South and takes the Shelbyville Highway name once it leaves the Murfreesboro city limits.
That position gives the neighborhood a quiet residential setting with real access. Everyday grocery and retail run along the South Church Street corridor. Downtown Murfreesboro, the public square, Middle Tennessee State University, and the Stones River Greenway are all a short drive north, and Interstate 24 is reachable by way of Joe B. Jackson Parkway at Exit 81.
Streets in Colonial Estates
Chesterfield Drive, Cynthia Lane, Drema Court, Laurel Lane, McKaig Road, and Wilmington Court. Most of these dead-end or loop back rather than connecting through, which is a large part of why the neighborhood stays as quiet as it does. If you are searching listings, note that the street tells you which era of the neighborhood you are looking at.
Schools Near Colonial Estates: Know Before You Buy
The Christiana Elementary and Christiana Middle campuses sit just outside Colonial Estates, and Riverdale High School serves most of this side of Murfreesboro. Proximity is not the same thing as a zone assignment, and we do not make one. Rutherford County boundaries change regularly and can vary street by street inside a single subdivision. Verify your specific address with the official tool below before making any buying decision based on schools.
Rutherford County Schools
Enter any address to confirm the elementary, middle, and high school that serves it. RCS handles all Murfreesboro middle and high school students plus elementary outside the city limits.
Look Up Your RCS ZoneMurfreesboro City Schools
MCS serves PreK through 6th grade for addresses inside Murfreesboro city limits. The 37127 corridor crosses that line in several places, so confirm your address rather than assuming.
Look Up Your MCS ZoneHigh Schools
Riverdale High School
The most common high school assignment across this side of Murfreesboro and one of the largest high schools in Rutherford County.
Visit WebsiteRockvale High School
Serves the southern and western portion of the county. A realistic option for some addresses depending on where the boundary sits.
Visit WebsiteMiddle Schools
Christiana Middle School
Sits just outside Colonial Estates and is the primary middle school option for this neighborhood and much of the surrounding corridor.
Visit WebsiteWhitworth-Buchanan Middle School
Serves the eastern and southeastern portion of the county. A realistic alternate depending on your exact address.
Visit WebsiteRockvale Middle School
Serves the Rockvale area southwest of the city. Included because Rutherford County boundaries shift and this is a realistic option in the area.
Visit WebsiteElementary Schools
Christiana Elementary
The closest elementary campus to Colonial Estates, located just outside the neighborhood on the same side of the corridor.
Visit WebsitePlainview Elementary
Serves portions of the southern county area. A realistic option depending on where your specific address falls.
Visit WebsiteRockvale Elementary
Serves the Rockvale area to the southwest. Included because zone boundaries in Rutherford County shift regularly.
Visit WebsiteApplication-Based, Charter & Private
Central Magnet School
Grades 6 through 12. Competitive application-based school open to all Rutherford County residents regardless of address.
Visit WebsiteAmerican Classical Academy Rutherford
K-6 charter school with a classical education model focused on core knowledge and civic virtue.
Visit WebsiteProvidence Christian Academy
Pre-K through 12th grade. College preparatory Christian education in Murfreesboro.
Visit WebsiteMiddle Tennessee Christian School
Pre-K through 12th grade. Christian education with strong academics and athletics.
Visit WebsiteWe Know This Neighborhood. We Can Guide You Through It.
The Turner Victory Team has worked Murfreesboro and Rutherford County since 2000. We track every transaction in Colonial Estates every week, including which section is moving, what the original-section homes are netting against the Section 12 builds, and how condition is affecting price on the older side. That knowledge shapes every buyer and seller conversation we have here.
“Their knowledge of the real estate market is amazing. They have gone above and beyond all expectations. It is evident that they truly care about the people they serve.”
Erik G., Turner Victory Team Client
Homes We Have Listed in This Area
Every home below is an active Turner Victory Team listing in this area. Click any listing for the full property page with photos, neighborhood data, and market context.
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ActiveHomes for Sale in Colonial Estates Murfreesboro TN
Live listings from Realtracs MLS updated every 15 minutes. Both the original sections and the Section 12 phases appear here when available. Check the street name to know which era of the neighborhood you are looking at.
| Address | Bed / Bath | Sq Ft | Close Price | Tru Orig List | Tru DOM | Close Date |
|---|---|---|---|---|---|---|
| 4405 Shelbyville Hwy, Murfreesboro | 3 / 2 | 2,150 | $565,400 | $0 | 17 days | Sep 11, 2026 |
| 437 Drema Ct, Murfreesboro | 3 / 2 | 1,673 | $430,000 | $430,000 | 10 days | Jul 13, 2026 |
| 4801 Cynthia Ln, Murfreesboro | 3 / 2 | 1,980 | $426,500 | $449,900 | 52 days | May 28, 2026 |
| 617 Laurel Ln, Murfreesboro | 3 / 2 | 1,998 | $456,000 | $469,000 | 1 days | May 17, 2026 |
| 119 Drema Ct, Murfreesboro | 3 / 2 | 1,590 | $415,000 | $414,500 | 19 days | Feb 17, 2026 |
| 246 Drema Ct , Murfreesboro | 3 / 2 | 1,676 | $455,000 | $449,999 | 0 days | Feb 6, 2026 |
| 641 McKaig Rd, Murfreesboro | 3 / 2 | 1,720 | $372,800 | $365,000 | 4 days | Jan 12, 2026 |
| 403 Drema Ct, Murfreesboro | 3 / 2 | 2,112 | $510,000 | $519,990 | 1 days | Jan 5, 2026 |
Based on information from Realtracs® for the period Jan 5, 2026 through Sep 11, 2026. Tru DOM and Tru Original List Price are proprietary metrics calculated by Turner Victory Team and are not MLS-reported fields.
Sold transaction data sourced from Realtracs MLS via Tru Insights. Photos not displayed for sold properties.
Watch the Latest Rutherford County Market Update
Every Sunday the Turner Victory Team publishes a new video breaking down inventory, pending sales, days on market, and what it all means for buyers and sellers across Murfreesboro and Rutherford County right now.
This is the same data our agents use every week to advise buyers and sellers in Colonial Estates. Watch it, then reach out when you are ready to talk through what it means for your situation.
See All Market Reports on YouTubeOther Neighborhoods Near Colonial Estates
Colonial Estates is one of many communities in the 37127 corridor. These are the neighborhoods with the most transaction history nearby, each with its own price range, age of housing stock, and market behavior.
Indian Hills
Golf course community with large lots, mature trees, a pool, and tennis courts. One of the most established neighborhoods in Murfreesboro and a benchmark for buyers who want character over new construction.
View NeighborhoodThe Maples
The largest subdivision by transaction volume in the 37127 corridor, built out across seven sections. Modern floor plans with construction activity continuing through the later phases.
View NeighborhoodJackson Towne
One of the highest-volume communities in the corridor, built out in numbered phases. Consistent turnover gives it a deep comparable sales history.
View NeighborhoodCarter’s Retreat
A large community built out across multiple sections and phases, and one of the most active neighborhoods in South Murfreesboro by transaction count.
View NeighborhoodRucker Landing
Built out across four sections with additional phases and resubdivisions. A substantial community with enough sales history to price reliably.
View NeighborhoodBrady Estates
An established community developed across two sections and multiple phases, with strong transaction volume in the corridor.
View NeighborhoodSouth Murfreesboro Market Insights
Data-backed analysis on what is happening across Murfreesboro and Rutherford County right now, published weekly by the Turner Victory Team.
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