The housing market in Murfreesboro, NC is a great investment opportunity. The median value for homes in the area is currently $127,400, which is significantly lower than the US national median of $338,100. Furthermore, the 1 year house appreciation rate for Murfreesboro is 16.05%, which is much higher than the national average of 8.27%. This indicates that there is a high demand for homes in the area and that real estate values are likely to continue increasing over time. Investing in property in this market can be an excellent way to build wealth and enjoy a high return on investment.
The median home cost in Murfreesboro is $127,400. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Murfreesboro is up 19.4%.
Average Age of Homes
- The median age of Murfreesboro real estate is 49 years old
The Rental Market in Murfreesboro
- Renters make up 41.8% of the Murfreesboro population
- 0.0% 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.