Murfreesboro Real Estate Report – Week of December 8, 2025

Welcome to this week’s Murfreesboro Real Estate Report, your trusted source for what’s happening in the Murfreesboro and Rutherford County housing market. This update covers the week ending December 8, 2025 and includes a full look at the November month-end data.

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Murfreesboro Real Estate Report – December 8, 2025

Weekly Snapshot – Week Ending December 8, 2025

• 1,418 homes on the market
• 207 new listings (inflated by builder “future builds”)
• 72 pendings (down from 111 last year)
• 85 closings
• 104 expired / canceled / delisted
• 3.41 months of supply (3-month rolling)
• 5% of listings went under contract
• 6% of active listings closed

Inventory Compared to Last Year

Inventory is following the normal seasonal pattern, but at a higher level than last December.

On December 9, 2024, we had 1,108 homes for sale. This year we have 1,418 homes.

More homes + fewer pendings = more choices for buyers and more competition for sellers.

November 2025 Market Highlights

• New listings: 598 (down 16% year over year)
• New contracts: Up 1% year over year
• Closings: 368 (down 22% year over year)
• Median price: about $420,000 (down from about $459,000 last year)
• Days on market: up 62%, now around 41 days on closed homes

Fewer closings and longer days on market tell us that buyers remain cautious and selective, and that sellers need to be very strategic with pricing.

Price Per Square Foot

• Sold homes averaged around $218/sq ft — the lowest level since March 2024.
• Active homes have not dropped as much.

That gap tells us that the homes selling are the ones priced competitively for today’s market, not last year’s peak.

Mortgage Rates & Affordability

• Rates peaked above 7% earlier in 2025.
• Now averaging around 6.19%.
• Some buyers are locking in rates in the upper 5% range, depending on loan type and points.

Lower rates plus slightly lower prices are helping overall affordability, especially for buyers who have been waiting on the sidelines.

What Buyers Should Know

• More inventory and more choices than last year.
• More negotiating room on price and terms.
• Less buyer competition than during the peak years.
• Builder incentives and rate buydowns are available in some new construction communities.

If you’ve been thinking about buying in Murfreesboro or anywhere in Rutherford County, this is a good time to take a fresh look and see what’s possible.

What Sellers Should Know

• There is more inventory than in December 2024.
• Showings per listing are down compared to the last two years.
• Pricing and presentation matter more than ever.
• Homes priced for today’s market are the ones going under contract.

If your home has been sitting on the market without much activity, it may be time to revisit your price, your condition, or both, based on what you’re competing against today.

Are We Headed for a Crash?

Short answer: No.

The Nashville–Franklin–Murfreesboro MSA has seen some softening, especially in the higher price points, but inventory is still too tight to support a true “crash” scenario. What we’re seeing is more of a normalization after the rapid appreciation of the pandemic years.

Homeownership Still Matters

On average, homeowners have a much higher net worth than non-homeowners, largely because of the equity they build over time. Owning a home is not the right move for everyone at every moment, but for many families, it’s a powerful tool for building long-term stability and wealth.

Free Buyer & Seller Guides

If you’d like a deeper dive into the process, you can download our free guides:

• Download the Home Buyer’s Guide
• Download the Home Seller’s Guide

About the Turner Victory Team at Onward Real Estate

John & Tracy Turner lead the Turner Victory Team at Onward Real Estate, serving Murfreesboro, Smyrna, LaVergne, Lascassas, Rockvale, Christiana, Eagleville, and all of Rutherford County and Middle Tennessee.

We focus on relationship-based real estate, clear communication, and education so you can make confident decisions without high-pressure sales tactics.

Office: 615-234-5020
Mobile: 615-586-0900
Email: John@TurnerVictory.com
Website: www.TurnerVictory.com