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Deerfield

MURFREESBORO, TN 37128

Real Estate Market Report  ·  Rutherford County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 37128

Deerfield

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MURFREESBORO, TN real estate market (37128) currently shows 495 active listings, with 197 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are selling faster, averaging 43 days on market compared to 46 days last year.

The median listing price has risen 0.9% year-over-year, from $473,026 to $477,450.

Whether you are buying or selling in MURFREESBORO, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 73,657  ·  Density: 501.9/mi²  ·  Median household income: $85,544

Typical home value: $328,769  ·  Homeownership: 66.3%

Market Overview

Active Listings
495
⇧ 4.9% vs 472 last year
Pending
197
40% pending ratio
Median Price
$477,450
⇧ 0.9% vs $473,026 last year
Average Price
$535,105
⇧ 1.7% vs $526,234 last year
Days on Market
43
⇩ 6.5% vs 46 days last year

Price Per Square Foot

Median $/sqft
$225
⇧ 1.4% vs $222/sqft last year
Median Home Size
2,211 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 495 this year vs 472 last year
  • Days on market: 43 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $477,450 (+0.9% YoY)
  • Average: $535,105 (+1.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.9 miles — 1,994 listings ($2,221,936,354 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37128Murfreesboro, TN 371280.0 mi454$239,450,042$464,475$527,423
37127Murfreesboro, TN 371278.4 mi133$74,238,605$447,495$558,185
37060Eagleville, TN 370609.7 mi17$26,116,607$1,031,425$1,536,271
37037Christiana, TN 370379.7 mi75$57,334,200$459,900$764,456
37167Smyrna, TN 3716711.5 mi324$159,366,204$454,940$491,871
37046College Grove, TN 3704613.6 mi128$481,053,824$3,262,569$3,758,233
37180Unionville, TN 3718014.0 mi11$6,140,673$470,993$558,243
37149Readyville, TN 3714915.8 mi5$2,300,000$460,000$460,000
37034Chapel Hill, TN 3703416.6 mi73$29,387,391$381,450$402,567
37067Franklin, TN 3706718.4 mi108$198,169,524$1,159,250$1,834,903
37018Beechgrove, TN 3701819.1 mi15$11,724,180$679,999$781,612
37027Brentwood, TN 3702722.0 mi333$770,790,438$1,949,950$2,314,686
37211Nashville, TN 3721122.9 mi318$165,864,666$449,950$521,587

Frequently Asked Questions

How many homes are for sale in MURFREESBORO, TN 37128?

As of March 2026, there are 495 active listings in MURFREESBORO, TN (zip code 37128), compared to 472 the prior year.

What is the median home price in MURFREESBORO, TN 37128?

The median listing price in MURFREESBORO, TN 37128 is $477,450 as of March 2026, a 0.9% increase from $473,026 the prior year.

How long do homes stay on the market in MURFREESBORO, TN?

Homes in MURFREESBORO, TN 37128 spend an average of 43 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in MURFREESBORO, TN 37128?

Based on current inventory and days-on-market data as of March 2026, MURFREESBORO, TN 37128 is currently a Balanced Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are selling faster, averaging 43 days on market compared to 46 days last year.

How much can I save on real estate commission in MURFREESBORO, TN?

With SELL123.com's maximum 3% commission, sellers in MURFREESBORO, TN 37128 save an estimated $9,549 compared to a typical 5% commission on the median listing price of $477,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.