Are Home Prices Going Up or Down in Murfreesboro TN?
Live median price data updated every Sunday from Realtracs MLS. Here is what the current trend looks like and what is driving it.
See Current Price TrendAre Home Prices Going Up or Down in Murfreesboro TN?
Home prices in Murfreesboro TN are tracked live by the Turner Victory Team through Tru Insights, updated every Sunday from Realtracs MLS. The current median home price and recent trend are shown below. Murfreesboro home prices have risen significantly since 2020 and have not shown a sustained downward correction, though the rate of appreciation has moderated compared to the peak years of 2021 and 2022.
Price trends in Murfreesboro are not uniform across the market. What is happening at the city level can differ from what is happening in a specific ZIP code, price range, or area. The data below reflects the full Murfreesboro market. For area-specific pricing, the Murfreesboro Data Center breaks this down by ZIP code and corridor.
What the Murfreesboro Price Data Shows
The Turner Victory Team tracks home prices in Murfreesboro using the full Rutherford County MLS database through Tru Insights. The median closed sale price is the most reliable single indicator of where the market is, because it is not skewed by a handful of high-priced sales the way average price can be.
The current median home price shown here reflects the most recent 30 days of closed sales in Murfreesboro, pulled from Realtracs MLS and updated every Sunday. For the full historical price trend with year-over-year context, see the Median Home Price page in the Murfreesboro Data Center.
What drives price movement in Murfreesboro: Inventory levels are the primary driver. When active listings are low relative to buyer demand, prices rise. When supply increases faster than demand, price growth flattens or reverses. The current months of supply figure is the best real-time read on which direction the market is leaning. Rutherford County’s continued population growth and employment base have supported prices over the long term.
What Price Reductions Tell You About the Murfreesboro Market
When a home is listed above what buyers will pay, the price gets reduced. The percentage of active listings with price reductions is one of the clearest real-time signals of whether seller pricing expectations are aligned with actual buyer demand in Murfreesboro.
A rising reduction rate means sellers are having to adjust to meet the market. It often precedes a softening of the median price. A falling reduction rate means homes are selling closer to their original list price, which typically indicates strong demand relative to supply.
The Turner Victory Team tracks this through Tru Insights using our proprietary Tru Original List Price methodology, which measures reductions against the true first list price across every relist cycle, not just the current listing period. See the full Price Reductions page for detailed data.
Full Murfreesboro Market Data
Updated every Sunday from Realtracs MLS. For charts, historical trends, and ZIP-level breakdowns, see the Murfreesboro Real Estate Market Data hub.
About This Data
Murfreesboro currently has 3.8 months of supply and an average Tru Days on Market of 50 days. Based on those figures, this market is roughly balanced between buyers and sellers.
Tru Days on Market tracks the total cumulative time a property has been listed across every relist and cancellation. Unlike standard MLS days on market, Tru DOM does not reset to zero when a home is relisted at a lower price.
% of Original Price 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.
Tru Insights data by Turner Victory Team at Onward Real Estate, Murfreesboro TN. Source: Realtracs MLS. Updated weekly. © 2026 Turner Victory Team.
Are Home Prices Going Up or Down in Murfreesboro TN?
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