Murfreesboro South, Nashville, TN—37080
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Murfreesboro South, Nashville, TN
As of Oct '25, the median home price in Murfreesboro South, Nashville, TN is $401,000, with a year-over-year change of 2.4%. This indicates that home prices in Murfreesboro South, Nashville, TN are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $401,000 | 2.4% |
| Single Family | $401,000 | 2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $312,000 | 3.0% |
3 Bed | $412,000 | 2.7% |
4 Bed | $516,000 | 3.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Murfreesboro South, Nashville, TN
As of July '25, Rentcast reports the average rent in Murfreesboro South, Nashville, TN is $1,900, with a year-over-year rent change of -7.8%. Per bedroom, the median rent as of July '25 in Murfreesboro South, Nashville, TN is 1-bedrooms: $1,450, 2-bedrooms: $1,600, 3-bedrooms: $2,150. The most common rental property sizes in Murfreesboro South, Nashville, TN are 2-bedroom and 3-bedroom, accounting for 48.9% and 30.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,450 |
| 2 Bed Rent | $1,600 | $1,600 |
| 3 Bed Rent | $2,200 | $2,150 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Murfreesboro South, Nashville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Murfreesboro South, Nashville, TN is 40. This is a increase of 57.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $512,000 | -1.0% |
Listing Count | 63 | 48.0% |
| Listings as % of Homes | 0.8% | 48.0% |
Days on Market | 40 | 57.0% |
Demographics — Murfreesboro South, Nashville, TN
As of the latest ACS Survey released in 2023, Murfreesboro South, Nashville, TN has a population of 7,060, which has decreased by -3.9% over the past 5 years. Murfreesboro South, Nashville, TN is a moderately popular place for families, as children make up 16.9% of the population. The area has a poorly educated workforce, with 20.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,060 | -3.9% |
% Under 18 | 16.9% | -2.9% |
% Seniors | 23.4% | 15.3% |
% WFH | 14.1% | 161.1% |
% w/ College Degree | 20.7% | -1.0% |
As of the latest ACS Survey released in 2023, Murfreesboro South, Nashville, TN is a predominantly white area, with 80.4% of the population identifying as white. The white population has shrunk by 15.3% in the last 5 years. The second most common race or ethnicity in Murfreesboro South, Nashville, TN is black, making up 10.5% of the population. Foreign-born residents account for 5.3% of the population in Murfreesboro South, Nashville, TN, and this percentage has increased by 178.9% 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 | 80.4% | -15.3% |
% Black | 10.5% | 707.7% |
% Hispanic | 2.5% | 31.6% |
% Asian | 0.2% | 100.0% |
% Foreign Born | 5.3% | 178.9% |
Mortgage and Risk — Murfreesboro South, Nashville, TN
According to HUD data as of 2023, there were 208 mortgage originations in Murfreesboro South, Nashville, TN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Murfreesboro South, Nashville, TN. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 208 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Murfreesboro South, Nashville, TN
Murfreesboro South, Nashville, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$150 | $1,450 | $1,300 |
| 2 Bedroom | -$140 | $1,600 | $1,460 |
| 3 Bedroom | -$360 | $2,200 | $1,840 |
| 4 Bedroom | N/A | N/A | $2,240 |
Affordability — Murfreesboro South, Nashville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $401,000 |
| Median Household Income | $78,200 |