The housing market in Murfreesboro, NC (2785) is thriving, with a median value of $96,600 dollars. This is significantly lower than the US House median value of $338,100. However, the one year house appreciation rate for Murfreesboro is 16.05%, while the nation-wide rate sits at 8.27%. This indicates that Murfreesboro's housing market is outperforming the national average and that people are investing in property there due to its relative affordability and strong prospects for capital gains. As such, Murfreesboro is becoming an increasingly attractive destination for buyers looking for real estate opportunities.
The median home cost in Murfreesboro (zip 27855) is $96,600. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Murfreesboro (zip 27855) is up 19.4%.
Average Age of Homes
- The median age of Murfreesboro (zip 27855) real estate is 42 years old
The Rental Market in Murfreesboro (zip 27855)
- Renters make up 33.0% of the Murfreesboro (zip 27855) population
- 4.2% of houses and apartments in Murfreesboro (zip 27855), 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.