Zip 37127 (Murfreesboro, TN) Housing


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The housing market in 37127 Murfreesboro, TN is significantly stronger than the national average. The median value of a house in the area is $367,700, which is higher than the US House Median Value of $338,100. Furthermore, the appreciation rate over the past year has been 17.31%, much higher than the 8.27% national average. This indicates that Murfreesboro is a desirable place to own a home and could be an excellent investment opportunity.

The median home cost in Murfreesboro (zip 37127) is $367,700. Home appreciation the last 10 years has been 152.0%. Home Appreciation in Murfreesboro (zip 37127) is up 25.7%.

Average Age of Homes
- The median age of Murfreesboro (zip 37127) real estate is 22 years old
The Rental Market in Murfreesboro (zip 37127)
- Renters make up 18.0% of the Murfreesboro (zip 37127) population
- 1.2% of houses and apartments in Murfreesboro (zip 37127), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMurfreesboro, TennesseeUnited States
  7,261.0139,647,020.0
  2342
  $367,700$338,100
  25.7%16.6%
  82.3%57.0%
  152.0%101.1%
  $5.40$10.98
  $1,441$2,690
  75.2%57.4%
  5.0%11.2%
  19.8%31.4%
  Vacant Housing
  1.2%1.9%
  1.1%0.4%
  1.4%0.7%
  0.6%0.4%
  0.0%3.6%
  0.7%4.1%
  Value of Owner-Occupied Housing
  1.3%2.6%
  1.0%2.4%
  1.2%2.8%
  0.0%3.9%
  0.8%4.5%
  3.9%11.3%
  15.3%13.0%
  44.6%20.1%
  22.6%13.6%
  4.7%8.3%
  2.9%9.7%
  1.0%3.9%
  0.9%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.4%0.2%
  23.2%13.6%
  23.2%13.6%
  29.6%13.6%
  10.8%13.2%
  7.1%14.8%
  29.6%13.6%
  4.0%10.0%
  1.8%4.7%
  0.9%12.2%
Commute

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