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New Construction in Rutherford County Makes Up 40% of All Homes for Sale This Week

Market Updates  |  March 15, 2026

New Construction in Rutherford County Makes Up 40% of All Homes for Sale This Week

1,369 Active Homes This Week
Tru Insights | March 2026
40% New Construction Share
of Active Inventory
49 Market Health Score
Tru Insights | March 2026

New construction in Rutherford County now accounts for four out of every ten homes on the market. That is a number that affects every buyer and seller watching new construction in Rutherford County, whether you are shopping for a resale home in Murfreesboro, comparing builder inventory in Smyrna, or trying to figure out how to price your existing home against brand-new competition. The Turner Victory Team tracks new construction in Rutherford County every week using our proprietary Market Health Score and Tru Insights analytics, and this week the numbers tell a clear story.

The Turner Victory Team at Onward Real Estate has served Murfreesboro and Rutherford County since 2000 with over 4,400 homes sold and more than $1 billion in total sales volume. We bring you this data every week because informed buyers and sellers make better decisions. Watch the full report below or keep reading for the breakdown.

How Much of the Rutherford County Market Is New Construction Right Now?

The share of new construction in Rutherford County varies by category, and the numbers this week are some of the most telling we have seen. Across all price ranges combined, nearly 40% of active inventory is new construction. For new listings coming on the market, that climbs to 42%. About one in four homes that went under contract were new construction, and roughly one-third of closings were builder homes.

CategoryTotalNew Construction %
Active Listings1,36940%
New Listings This Week14042%
Pending Sales12525%
Closed Sales6833%

One detail that surprises most people: there is new construction in Rutherford County available under $300,000. With 82 active homes in that price range, 3.7% are new builds. It is a small number, but it exists — and most buyers and agents assume it does not.

Are Pending Home Sales in Rutherford County Improving in 2026?

Yes, and the trend is clear. Even beyond new construction in Rutherford County, pending sales in 2026 have outpaced both 2024 and 2025 every single week this year except for the week of the ice storm. When you compare to 2023, which was a stronger year for sales, we are running close to those numbers and well ahead of the decline we saw through 2024 and into 2025.

Based on what the Tru Insights data is showing, the Turner Victory Team has officially called summer 2025 as the bottom of the market on this cycle. The pending trend line, combined with the new listing shortfall, tells us the market has turned. Seven of the past eight weeks brought fewer new listings than the same week last year. That means demand is rising while supply is flat or falling.

New listings continue to trail last year. Seven of the past eight weeks had fewer new listings than the same week in 2025. This week brought 140 new listings — down 13% from a year ago. If that trend holds without an influx of inventory, the market tightens and affordability gets harder. Sellers competing against new construction in Rutherford County should pay close attention to this window.

What Happens When You Overprice a Home in Rutherford County?

Whether you are selling new construction in Rutherford County or a resale home, the data on overpricing is not a matter of opinion. Across all price ranges this week, the numbers paint a picture that every seller needs to see before choosing a list price.

Priced Correctly From Day One

Homes that did not need a price reduction went under contract in an average of 31 days. These sellers presented, promoted, and priced their homes correctly from the start.

If a home is overpriced by more than 2%, the seller is statistically likely to net less than if they had priced it correctly from the start. The National Association of Realtors has consistently reported that the first two weeks of a listing generate the most buyer activity, and overpricing costs you that critical window.

This is also reflected in the relist percentages for both new construction in Rutherford County and resale homes. In the $500,000 price range, 30% of homes have been relisted after failing to sell on their first attempt. In the $700,000 range, that number climbs to 35%. One-third of all active homes on the market this week — 32% — have already reduced their asking price by an average of 4.2%.

For sellers thinking about listing: The overpricing penalty is real and measurable. If you want to understand exactly what your home is likely to sell for and how to avoid sitting on the market, our team uses Tru Insights data to build a Market Estimate based on real closed sales, not guesswork. Learn more about our approach to selling.

Where Are Mortgage Rates Headed This Spring?

The 30-year fixed mortgage rate sits at 6.11% this week, up slightly from a recent low of 5.98%. That increase has been smaller than expected given the uncertainty around events in the Middle East and their impact on oil prices and inflation. The Freddie Mac Primary Mortgage Market Survey provides weekly rate updates that track closely with what we see locally in Rutherford County.

If oil prices continue to climb due to geopolitical instability, inflation concerns could push rates a bit higher. That said, the current rate is still well below the 6.63% we saw this time last year. The question over the next few weeks will be whether this slight uptick affects showing activity for new construction in Rutherford County and resale listings alike.

6.11% 30-Year Fixed Rate
Up from 5.98% low
1.73 Showings Per Listing
Weekly Average
3.37 Months of Inventory
Rutherford County

How Affordable Is the Nashville Area for Homebuyers Right Now?

Here is where the news gets better. The household income needed to afford a typical home in the Nashville metropolitan area — which includes Rutherford County — is now $107,000 per year. That is down from a peak of nearly $120,000. So it now takes $13,000 less in annual income to afford the same typical home compared to when affordability was at its worst.

For context, back in January 2016, it took just $46,000 in household income to afford a typical Nashville-area home. The massive run-up started in 2021 and peaked shortly after. While $107,000 is still a high number, the trend is moving in the right direction. Mortgage rates coming down from their peak, wages increasing slightly, flat home prices through 2025 according to the FHFA House Price Index, and seller willingness to negotiate on closing costs are all contributing to this improvement, making both new construction in Rutherford County and resale homes more accessible across Middle Tennessee.

Which Zip Codes Are the Most Active in Rutherford County This Week?

The three busiest zip codes for new construction in Rutherford County and overall real estate activity this week are all in the heart of the county:

37128 — Murfreesboro 37129 — Murfreesboro 37167 — Smyrna

The $300,000 and $400,000 price ranges continue to carry the most active inventory in Rutherford County. They are nearly even in total listings, and the $300,000 range has the highest number of new listings each week. Buyers looking in these ranges should explore the current options on our home search page.

Thinking About Buying or Selling in Rutherford County?

The Turner Victory Team has guided over 4,400 neighbors through the home buying and selling process since 2000. We use Tru Insights data to give you clarity — not pressure.

Contact Us Today

What Is the Turner Victory Team Market Health Score?

The Market Health Score is a proprietary formula developed by the Turner Victory Team to provide a single weekly snapshot of the Rutherford County real estate market. This week it sits at 49 out of 100. The score factors in month supply, inventory trends, True Days on Market, the 30-year mortgage rate, affordability trends, and several other inputs specific to Rutherford County. It is designed to give buyers, sellers, agents, and anyone watching the market a quick read on where things stand without having to dig through dozens of data points.

Alongside new construction in Rutherford County data, we also track what we call True Days on Market — a Tru Insights calculation that goes back to when a home was originally listed this time around, not just the current listing period. In the higher price ranges, the difference between the MLS-reported days on market and the True Days on Market is significant. For example, homes in the $600,000 range show 40 days in the MLS but 51 days in our True Days on Market calculation. That gap matters when you are setting expectations as a seller or evaluating competition as a buyer.

You can see the full weekly charts and data on our market update page, and we send the complete report by email every week. If you would like to receive it, visit our contact page and let us know you want to be added to the weekly list.

Common Questions About New Construction in Rutherford County

As of the week ending March 14, 2026, approximately 40% of all active homes for sale in Rutherford County are new construction. That percentage varies by price range, with the highest concentration in the mid-to-upper price brackets. Even the under-$300,000 range has some new construction at 3.7% of active listings.
Homes in Rutherford County that are priced correctly from day one are going under contract in an average of 31 days. Homes that require a price reduction take an average of 82 days. The 51-day difference is what the Turner Victory Team calls the overpricing penalty, and it often results in the seller receiving less money at closing than if they had priced correctly from the start.
The data suggests improving conditions for buyers. The Nashville-area household income needed to afford a typical home has dropped from nearly $120,000 to $107,000. Mortgage rates are lower than a year ago. Home prices held flat through 2025, and many sellers are negotiating on closing costs. However, new listings are trailing last year across Rutherford County, so inventory could tighten if that trend continues.
The Market Health Score is a proprietary weekly index developed by the Turner Victory Team using Tru Insights data. For the week ending March 14, 2026, it sits at 49 out of 100. The score factors in month supply, inventory trends, True Days on Market, mortgage rates, affordability indicators, and other inputs specific to Rutherford County.
The three most active zip codes this week are 37128 and 37129 in Murfreesboro and 37167 in Smyrna. These areas consistently see the highest volume of new listings, pending sales, and closed transactions in Rutherford County.
Based on Tru Insights data tracked by the Turner Victory Team, summer 2025 appears to have been the bottom of this market cycle. Pending sales in 2026 have outpaced both 2024 and 2025 every week except during the ice storm. At the same time, new listings continue to trail last year, which suggests the market is tightening heading into spring.
John Turner, Turner Victory Team — new construction in Rutherford County market expert

John Turner

Team Leader  |  Turner Victory Team at Onward Real Estate  |  Murfreesboro, TN

John Turner has led the Turner Victory Team since 2000 and has guided neighbors through more than 4,400 real estate transactions across Rutherford County and Middle Tennessee. The team uses Tru Insights proprietary analytics to give buyers and sellers a more accurate picture of the local market than standard MLS reports provide. The weekly Murfreesboro Real Estate Report covering new construction in Rutherford County and all market data is part of that commitment to education over pressure.

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Market data sourced from Realtracs MLS and Turner Victory Team Tru Insights analytics. Active listing data including new construction in Rutherford County current as of the week ending March 14, 2026. True Days on Market calculated by Tru Insights tracking full listing history across relists. All data subject to change. © 2026 Turner Victory Team at Onward Real Estate.

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