Welcome to our 37130 real estate data hub, tailored for investors in Murfreesboro, TN. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 37130 in Murfreesboro, TN. Discover Section 8 housing opportunities and challenges to maximize your investment potential in RUTHERFORD COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Murfreesboro, TN real estate investing. Uncover the wealth of information available, and position yourself for success in the Murfreesboro property market.
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Location Overview
- Zip Code: 37130
- City: Murfreesboro
- State: TN
- Metro Area: Nashville-Davidson–Murfreesboro–Franklin, TN
- County Name: RUTHERFORD COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $341,980
- Average Home Price (Single Family Homes): $347,420
- Average Monthly Rental Price (All Types): $1,655
- Price-to-Rent Ratio: 17
- Zillow Projected % appreciation from 4/2023-4/2024: 1.2%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,220
- Average 3 Bedroom Section 8 Rental Rates: $1,530
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 23.36
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 18.63
- Number of Units Offered in Section 8 in the County: 737
- Number of Occupied Units in Section 8 in the County: 717
- Percentage of Section 8 Units Occupied in the County: 97.30000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 321.72
- Total % Appreciation since 2000 (Government Data): 183.49
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.92%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.05%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 39.23%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 61.22%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 144.17%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 125.67%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 179.14%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.49%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 8.97%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 36.31%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 52.32%