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Murfreesboro Real Estate - April 2023 Update

Real Estate Agent with Benchmark Realty LLc License# 00285925

Murfreesboro real estate sales are still slowing down due to the impact of high interest rates. The number of closings for March was down 14.9% compared to March of 2022 but the median price of homes sold was only down 2%.  The median days on market is up to 14 days compared to just 2 day last year. Buyers have a better chance to find something in this market but homes are still selling pretty quick.

  • 348 Murfreesboro homes sold during the month of March compared to 400 last year
  • 661 homes are currently pending sale most are new construction homes waiting to be finished
  • 537 Murfreesboro homes are listed in the Nashville MLS as available for purchase
  • the average size of homes sold during the month of March was 2226 square feet
  • the list price to sale price ratio of homes sold was 99%
  • The median price of homes sold during the month was $414,950 compared to $424,696  last year a slight reduction of 2%
  • The median price per square foot of homes sold was $204, compared to $199 last year

Search for Murfreesboro homes for sale here.  

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Information on this page is based on information on single family homes for sale in Murfreesboro per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.
This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area
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