Murfreesboro Real Estate Market Report
Murfreesboro Real Estate Market Report: Is the Market About to Slow Down?
Rutherford County
Rutherford County
Tru Insights
Rutherford County
The Murfreesboro real estate market report for the week of April 5, 2026 shows a market that is growing but shifting. March 2026 closings in Rutherford County were up 7% over March 2025. Pending sales rose 15% year over year. The Turner Victory Team Market Health Score sits at 47, a slight buyer’s market. Inventory is leveling off after months of climbing, but mortgage rates rose half a point in five weeks. This Murfreesboro real estate market report breaks down what each of those shifts means for buyers and sellers in Rutherford County right now.
I am John Turner, team leader of the Turner Victory Team at Onward Real Estate. We have helped over 4,405+ clients buy and sell homes across Middle Tennessee since 2000, and every week we break down the Murfreesboro real estate market report using our Tru Insights data, not opinions, not national headlines, but real numbers pulled directly from the Realtracs MLS.
This week’s Murfreesboro real estate market report covers the full March 2026 recap, inventory trends, new construction impact, mortgage rate movement, and what it all means for your specific situation. Watch the full video below or keep reading for the complete breakdown.
What the Murfreesboro Real Estate Market Report Shows This Week
The Turner Victory Team Market Health Score for Rutherford County sits at 47 this week. That puts the market in a slight buyer’s market — leaning toward buyers but still close to balance. The score pulls from local data including months supply, inventory trends, and Tru DOM, plus broader factors like mortgage rates and mortgage application volume.
As of this week, there are 1,455 active listings in Rutherford County. Nearly 40% of those are new construction. Of the 150 new listings that came on the market this week, 56% are new construction. That is where our supply is coming from — not existing homes.
This week’s Rutherford County snapshot:
Active Listings: 1,372 (up year over year)
New Listings This Week: 150 (down vs prior year)
Months Supply: 3.44
Homes Under Contract: 106
Closings This Week: 86
Market Health Score: 47 (slight buyer’s market)
Tru DOM: 56 days (vs 44 days this time last year)
March 2026 Recap — Murfreesboro Real Estate Market Report
March 2026 was a strong month for Rutherford County by most measures. Closings came in at 447, up from 419 in March 2025, a 7% increase. Pending sales for the month were up 15% year over year. New listings, however, were down 11% compared to March 2025.
For the full first quarter, Rutherford County recorded 1,129 closings compared to 1,039 in Q1 2025. That is roughly 30 more closings per month than last year, a meaningful lead that carried through all three months of the quarter.
The inventory picture is more nuanced. Active listings are up year over year, but new listings are down. The reason those two things can both be true at the same time is simple: homes are taking longer to sell, so inventory accumulates even as fewer new listings come on. Think of a parking lot where fewer cars are pulling in but the cars already there are staying longer, the lot still looks full.
What Sellers Need to Know From This Murfreesboro Real Estate Market Report
Thirty-two percent of active listings in Rutherford County have already had a price reduction. The average reduction among those homes is 3.8%. The original list-to-sale price ratio is 97.4%. Those three numbers together tell a clear story: sellers who price too high are testing the market, sitting longer, and netting less than they would have with correct pricing from the start.
In the $500,000 price range, 78% of new listings this week are new construction. If you are an existing home seller in that price range, you are competing directly against builder incentives, rate buydowns, and paid closing costs. That is not a competition you win by asking more than the market supports. For a deeper look at how overpricing affects your outcome, read our post on the overpricing penalty in Murfreesboro.
Months supply by price range:
The lower price points, under $300,000, remain well below 3.5 months supply. The mid-range between $400,000 and $600,000 is pushing into 4.5 to 5.3 months supply. Those are numbers we have not seen consistently at those levels before in Rutherford County. If you are a seller in that range, this Murfreesboro real estate market report is telling you to pay close attention to your pricing strategy.
What Buyers Need to Know From This Week’s Murfreesboro Real Estate Market Report
Buyers have real negotiating power right now in Rutherford County. The 97.4% list-to-sale ratio means that on a $400,000 home, the average buyer is paying around $389,600. That gap exists because sellers — especially those who started too high — need to negotiate to get to the table.
New construction is also worth a serious look right now. Builders are paying closing costs and buying down mortgage rates in many cases. Before you make any decisions on a new construction home in Murfreesboro or anywhere in Rutherford County, talk to us first. Builder incentives vary widely and some are more valuable than they appear on paper. For context on how new construction compares to existing homes, see our guide on new construction vs resale in Murfreesboro.
Mortgage Rates and the Murfreesboro Real Estate Market Report
The 30-year average mortgage rate ended this week at 6.46%. Five weeks ago it was 5.98%. That half-point move over five weeks is real buying power lost for every buyer in Murfreesboro and Rutherford County. On a $400,000 loan, a half-point rate increase adds roughly $120 to the monthly payment.
The upward pressure is being driven by inflation concerns tied to oil prices, gas prices, and ongoing conflict in the Middle East. Rates are still about half a point below where they were in May 2025, but the direction is something every buyer and seller in this Murfreesboro real estate market needs to factor into their plans. According to Freddie Mac’s Primary Mortgage Market Survey, the trend over the past five weeks has been consistently upward — roughly a tenth of a percentage point per week.
Building Permits and What Is Coming to Rutherford County
One of the forward-looking data points in this Murfreesboro real estate market report is building permit activity. Rutherford County led the entire Nashville metro area in building permits for January 2026, pulling 156 permits out of 787 total across the region — 20% of all Nashville-area permits. That data comes directly from Rutherford County Government permit records.
Those permitted homes are six to eight months away from being move-in ready. More supply is coming to Rutherford County later this year. That matters for both buyers who are waiting and sellers who are thinking about timing their listing.
Inventory Trends in the Murfreesboro Real Estate Market
One of the most important signals in this Murfreesboro real estate market report is that active inventory in Rutherford County appears to be leveling off. After climbing steadily through much of the past year, the past few weeks have shown the count flattening and even ticking down slightly. Last year at this same time, inventory climbed steeply from around 1,178 homes to 1,323 within four weeks. This year that surge has not happened.
The percent of homes that have been relisted tells another part of the story. In the $600,000 price range, nearly 36% of active listings have been relisted at least once. Across most price ranges, 20% or more of homes on the market have been pulled and relisted. For context on how this year compares to prior years, see our post on Murfreesboro housing inventory across 2024, 2025, and 2026. And to understand how Tru DOM compares to MLS-reported days, read our post on whether your Murfreesboro home is really selling as fast as the MLS says.
Whether you are buying or selling, the starting point is understanding what the data actually shows for your situation. Our guide on whether it is the right time to sell your home in Murfreesboro walks through exactly that. Or if you are buying, start with our buyer resources for Rutherford County.
Want to Know What Your Murfreesboro Home Is Worth Right Now?
Every Murfreesboro real estate market report we publish uses Tru Insights data — not just MLS averages — to give you a market estimate grounded in what is actually happening in your price range and neighborhood.
Reach Out to the Turner Victory TeamFrequently Asked Questions — Murfreesboro Real Estate Market Report
The Murfreesboro real estate market is not slowing down in terms of sales volume — closings were up 7% in March 2026 compared to March 2025 and pending sales were up 15%. What is shifting is the balance of power. Inventory is higher than it was a year ago, Tru DOM has risen from 44 to 56 days, and 32% of sellers have already cut their price. The market is moving toward balance from a seller-favoring position. Every Murfreesboro real estate market report we publish tracks these shifts week over week.
The Turner Victory Team Market Health Score for Rutherford County sits at 47 for the week of April 5, 2026. A score of 47 indicates a slight buyer’s market — close to balance but leaning toward buyers. The score uses 10 components including months supply, inventory trend, Tru DOM, sales velocity, mortgage rates, MBA mortgage applications, showing activity, consumer sentiment, affordability, and the pending-to-active ratio. It is one of the key metrics in this Murfreesboro real estate market report each week.
Tru DOM stands for True Days on Market. It tracks the total time a home has been on the market across all listing periods including when a home was pulled off and relisted. The MLS resets the days on market counter every time a home is relisted. In Rutherford County right now Tru DOM is 56 days compared to 44 days at this same point last year. This Murfreesboro real estate market report tracks Tru DOM every week using the Turner Victory Team Tru Insights data engine.
According to this week’s Murfreesboro real estate market report, there are 1,372 active listings in Rutherford County as of April 5, 2026. Nearly 40% of those are new construction. The largest concentration of active listings is in the $400,000 price range, followed by the $300,000 range.
It can be a good time to sell in Murfreesboro in 2026 if you have a real reason to sell and are willing to price correctly from day one. Thirty-two percent of sellers have already had to cut their price by an average of 3.8%, which tells you the market will not support wishful pricing. Homes that are priced right, presented well, and promoted to the right buyers are still selling. The data from this Murfreesboro real estate market report shows a market with enough demand to get a well-priced home sold.
The 30-year average mortgage rate ended the week of April 5, 2026 at 6.46%. That is up from 5.98% five weeks ago — a half-point increase driven by inflation concerns, oil prices, and geopolitical uncertainty. Rates are still lower than they were in May 2025 but the upward trend is putting pressure on buyer purchasing power in the Murfreesboro real estate market.
New construction has a significant impact on the Murfreesboro real estate market right now. Forty percent of all active listings in Rutherford County are new construction and 56% of new listings this week were new construction. In the $500,000 range that figure jumps to 78%. Builders are offering incentives including paid closing costs and mortgage rate buydowns which makes new construction more competitive against existing homes. This Murfreesboro real estate market report tracks new construction share every week as part of the Tru Insights analysis.
Ready to Make a Move in Rutherford County?
Whether you are buying, selling, or just trying to understand what the data means for your situation, the Turner Victory Team is here to walk you through it.
Talk to Us — No Pressure, Just ClarityWatch or Read This Week’s Murfreesboro Real Estate Market Report
Welcome back to another edition of the Murfreesboro Real Estate Report. We have some really good information for you this week. Not only do we have the weekly real estate data from Murfreesboro and Rutherford County, we also have the full March 2026 wrap-up.
I am John Turner. I am the team lead at the Turner Victory Team at Onward Real Estate. We bring you this market information every week. Whether you are looking to buy a home in Murfreesboro, Smyrna, or La Vergne, looking to sell your home, or you are another agent who likes getting this data — we welcome all of you.
Let me give you the top three things you need to know about the Rutherford County real estate market this week. Number one — March 2026 sales were up 7% over March 2025. Pending sales for March were up 15% over 2025. Number two — the first three months of the year have seen pending sales outpace last year in every month. We have also seen closings outpace every month from 2025. Number three — inventory is up year over year, but it is leveling off.
The Turner Victory Team Market Health Score for Rutherford County is at 47 this week, meaning things are favoring the buyer slightly. It is really close to a balanced market. The score accounts for months supply, inventory trends, Tru Days on Market, mortgage rates, mortgage applications, and other factors.
Right now we have 1,372 homes on the market this week. Forty percent of those are new construction. There were 150 new listings this week and 56% of the homes that came on the market are new construction. That tells you where our inventory is actually coming from.
There were 106 homes that went under contract. Only 31% of those were new construction. So even though we have a larger amount of homes coming on the market as new construction, existing homes are getting real attention from buyers. Eighty-six homes closed this week. We have 3.44 months supply of inventory.
The lower price points have well below 3.5 months supply. The middle price ranges are between 4.5 and 5.3 months supply. Those numbers in the mid-range are growing. In the $500,000 range, 78% of new listings this week were new construction. If you are a seller at that price point, you are competing against builder incentives — paid closing costs and rate buydowns.
Active inventory is leveling off. Last year we saw a steep climb from around 1,178 homes up to 1,323 within four weeks. This year that surge has not happened. We have actually gone down slightly over the past couple of weeks.
Monthly closings for March — 447 closings compared to 419 last March. For the quarter, 1,129 closings compared to 1,039 last year — roughly 30 more closings per month across the first three months.
In the $600,000 price range, nearly 36% of homes have been relisted. Across most price ranges, 20% or more of active homes have been relisted at least once.
On building permits — Rutherford County led the Nashville metro area in January 2026 with 156 permits out of 787 pulled across the region. That is 20% of all Nashville-area permits.
Mortgage rates. The 30-year average ended the week at 6.46%. Five weeks ago we were at 5.98%. In five weeks we have gone up about half a point. That has to do with inflation concerns, gas prices, oil prices, and the ongoing conflict in the Middle East.
Tru Days on Market — last year we were at 44 days, this year we are at 56 days. Thirty-two percent of active listings have had a price reduction. The average reduction is 3.8%. The original list-to-sale price ratio is 97.4%.
The market does not care what you want or need for your house. It cares what the house is worth. Sellers who price correctly from the start consistently net more than sellers who test the market and then reduce. Price it right from day one.
Thank you for tuning in. If you would like to get these charts emailed to you each week, go to TurnerVictory.com and fill out a contact form. I am John Turner, team leader of the Turner Victory Team at Onward Real Estate. Until next week — make it a great week.