Murfreesboro, NC—27855
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Murfreesboro, NC
Murfreesboro, NC lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $124,000 | -1.9% |
| Single Family | $124,000 | -0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $130,000 | 0.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Murfreesboro, NC
Murfreesboro, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Murfreesboro, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Murfreesboro, NC is 93. This is a increase of 111.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | 3.0% |
Listing Count | 12 | 12.0% |
| Listings as % of Homes | 0.3% | 12.0% |
Days on Market | 93 | 111.0% |
Demographics — Murfreesboro, NC
As of the latest ACS Survey released in 2023, Murfreesboro, NC has a population of 5,640, which has decreased by -12.7% over the past 5 years. Murfreesboro, NC is a moderately popular place for families, as children make up 16.9% of the population. The area has a poorly educated workforce, with 17.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,640 | -12.7% |
% Under 18 | 16.9% | -12.4% |
% Seniors | 20.6% | 31.2% |
% WFH | 2.0% | -23.1% |
% w/ College Degree | 17.5% | 24.1% |
As of the latest ACS Survey released in 2023, Murfreesboro, NC is a predominantly black area, with 57.9% of the population identifying as black. The black population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Murfreesboro, NC is white, making up 29.1% of the population. Foreign-born residents account for 4.7% of the population in Murfreesboro, NC, and this percentage has increased by 161.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 29.1% | -3.0% |
% Black | 57.9% | -7.1% |
% Hispanic | 9.9% | 182.9% |
% Asian | 1.0% | 66.7% |
% Foreign Born | 4.7% | 161.1% |
Mortgage and Risk — Murfreesboro, NC
According to HUD data as of 2023, there were 60 mortgage originations in Murfreesboro, NC, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Murfreesboro, NC. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Murfreesboro, NC
Murfreesboro, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 113 |
Total Units Section 8 | 63 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 76.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Murfreesboro, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $124,000 |
| Median Household Income | $47,500 |