Market Intelligence · TN / Murfreesboro

Murfreesboro, TN 37128 Housing Market

Typical homes in Murfreesboro 37128 are worth $441,238, down 0.9% over the past year. The median list price stands at $462,250, with homes taking a median 57 days to sell as of September 2026.

Updated September 2026Median value$441K

The median home value in Murfreesboro, TN 37128 is $441K as of September 2026, down 0.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 37128 range

$406K to $477K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.9% over 12 months

Typical home value in 37128 over the last 12 months: $445K in Sep 2025 to $441K in Sep 2026 (-0.9%).

Sep 2025$445K

Sep 2026$441K

The numbers

What is the 37128 housing market like?

Typical home value

$441K

Down0.9%YoY

Median list price

$462K

Down1.5%MoM

Days on market

57

Up1.8%MoM

Homes for sale

374

Up3.9%MoM

Price cuts

23.0%

Down4.0%MoM

New listings

124

Up6.9%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

37128 housing market forecast 2027

+0.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37128 to stay roughly flat by September 2027 (up 0.3%).

Over the 12 months through September 2026, typical home values in 37128 fell 0.9%, per the Zillow Home Value Index.

Will home prices drop in 37128?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 37128 to stay roughly flat by September 2027 (up 0.3%), after a 0.9% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 37128 home prices compare?

  • 37128$441,238
  • Murfreesboro$429,812
  • Tennessee$265,881
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Murfreesboro: 4 ZIPs; Tennessee: 587 ZIPs; United States: 26,262 ZIPs).

Context

The 37128 ZIP has 374 homes for sale, with 124 new listings added in September 2026. Nearly a quarter of all listings, 23.0%, have already seen price reductions. Homes are moving at a moderate pace, and the year-over-year value decline suggests the market is cooling. For sellers, this is a buyer-favorable environment where pricing accurately from day one matters more than it did a year ago.

Monthly payment

Estimate your monthly payment.

20% · $88,248

Common questions

What people ask us.

What is a typical home value in 37128?

The typical home value in Murfreesboro 37128 is $441,238, down 0.9% over the past year as of September 2026.

How long do homes stay on the market here?

Median days on market are 57 as of September 2026.

How many homes are currently listed in 37128?

There are 374 homes for sale in the ZIP as of September 2026.

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