Murfreesboro, Arkansas is a great place to find affordable housing. The median value of a home in Murfreesboro is $119,700, which is considerably lower than the US median value of $338,100. In addition to having reasonable prices, the 1 year house appreciation rate in Murfreesboro is higher than the national average of 8.27%. This makes it an even more attractive option for potential buyers looking for a good return on their investment. With plenty of reasonably priced housing options and high appreciation rates, Murfreesboro is an ideal location for those looking for a new home.
The median home cost in Murfreesboro is $119,700. Home appreciation the last 10 years has been 65.8%. Home Appreciation in Murfreesboro is up 19.0%.
Average Age of Homes
- The median age of Murfreesboro real estate is 44 years old
The Rental Market in Murfreesboro
- Renters make up 30.3% of the Murfreesboro population
- 3.4% of houses and apartments in Murfreesboro, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.