The housing market in 37128 Murfreesboro, TN is currently very strong. The median value of a home in the area is $427,300, which is much higher than the US median house value of $338,100. Furthermore, the one-year house appreciation rate for 37128 Murfreesboro is 17.31%, which is considerably higher than the US average of 8.27%. This indicates a strong and thriving real estate market in this area. With such high values and rapid appreciation rates, it's no wonder that so many people are looking to purchase homes here.
The median home cost in Murfreesboro (zip 37128) is $427,300. Home appreciation the last 10 years has been 152.0%. Home Appreciation in Murfreesboro (zip 37128) is up 25.7%.
Average Age of Homes
- The median age of Murfreesboro (zip 37128) real estate is 15 years old
The Rental Market in Murfreesboro (zip 37128)
- Renters make up 32.1% of the Murfreesboro (zip 37128) population
- 2.0% of houses and apartments in Murfreesboro (zip 37128), 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.