The Downtown Murfreesboro housing market is somewhat competitive. The median sale price of a home in Downtown Murfreesboro was $439K last month, up 37.4% since last year. The median sale price per square foot in Downtown Murfreesboro is $242, up 12.6% since last year.
What is the housing market like in Downtown Murfreesboro today?
In March 2024, Downtown Murfreesboro home prices were up 37.4% compared to last year, selling for a median price of $439K. On average, homes in Downtown Murfreesboro sell after 84 days on the market compared to 26 days last year. There were 8 homes sold in March this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$439,000
+37.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Murfreesboro, TN
$439,000
+37.4%
United States
To compare other locations to the Downtown Murfreesboro and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Murfreesboro add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Murfreesboro housing market?
Downtown Murfreesboro is somewhat competitive. Homes sell in 40 days.
0
100
53
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 40 days.
Hot homes
can sell for around list price and go pending in around 11 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Homer Pittard Campus School
Public • K-5
244
Students
5 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Murfreesboro housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Murfreesboro.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Murfreesboro has a minor risk of flooding. 52 properties in Downtown Murfreesboro are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Downtown Murfreesboro. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Murfreesboro has a minor risk of wildfire. There are 16 properties in Downtown Murfreesboro that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Downtown Murfreesboro.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Murfreesboro has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Murfreesboro is most at risk from hurricanes. 1,881 properties in Downtown Murfreesboro have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 74 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Murfreesboro has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Downtown Murfreesboro have a Major Heat Factor®.
Downtown Murfreesboro is expected to see a 171% increase in the number of days over 106ºF over the next 30 years. Downtown Murfreesboro is expected to experience 6