Murfreesboro, TN Housing Market Report

The Murfreesboro housing market has transitioned into a period of significant stabilization as of December 2025. While the broader Nashville-Davidson--Murfreesboro--Franklin metro area remains a primary hub for regional growth, the local market in Murfreesboro is currently shifting in favor of buyers. This shift is most evident in the substantial 17.5% year-over-year increase in active inventory, which now stands at 8,589 units. With more options available and homes sitting on the market for an average of 83 days—a 17-day increase from last year—buyers now have the leverage to negotiate more favorable terms and take their time during the selection process.

Price trends over the last six months indicate a plateau in home values. The median home value of $419,601 represents a marginal 0.6% increase year-over-year, with monthly fluctuations remaining within a narrow range of a few hundred dollars. This stagnation suggests that the rapid appreciation seen in previous years has cooled, largely due to the influx of inventory and higher borrowing costs. The sale-to-list ratio of 0.98 further confirms that sellers are increasingly willing to accept offers slightly below their asking prices to close deals in a more crowded marketplace.

Looking ahead, the Murfreesboro market is expected to remain balanced but cautious. For sellers, the days of rapid bidding wars have been replaced by a need for competitive pricing and high-quality property presentation. For buyers, the current environment offers a rare window of stability where they can avoid the pressure of immediate decision-making. As rent prices also show minimal growth at $1,670, the decision between renting and buying will likely hinge on individual long-term financial goals rather than immediate market volatility. Prospective participants should watch for continued inventory growth, which could put further downward pressure on prices if demand does not accelerate.