Rutherford County, TN Home Values & Market Trends
The median home price in Rutherford County, TN is $396,869.63. There were 5,465 home sales in Rutherford County, TN over the past 12 months. The median residential Rutherford County, TN home value for transactions over the previous year is $387,592.287. The number of current listings in Rutherford County, TN is 330, and the percentage of properties for sale is 330.00%. The county has 39 foreclosures, 1 bank owned properties, 38 headed for auction, and 330 properties for sale.
Rutherford County, TN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Murfreesboro | $ 452,026 $ 216/sqft | Christiana | $ 668,335 $ 268/sqft |
| Smyrna | $ 417,055 $ 221/sqft | Eagleville | $ 805,646 $ 469/sqft |
| La Vergne | $ 308,441 $ 194/sqft | Lascassas | $ 587,398 $ 221/sqft |
| Rockvale | $ 455,557 $ 229/sqft | Milton | $ -- $ -- |
Housing Market Summary for Rutherford County, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $351.5K | $382.3K | 8.75% |
| Median Sold Price | $378.5K | $382.3K | 1.01% |
| Homes For Sale | 364 | 326 | -10.44% |
| Homes Sold | 2,619 | 2,339 | -10.69% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in Rutherford County, TN
Rutherford County, TN home values range from $24,026 to $10,645,696. Eagleville is the priciest city with a median listing home price of $650,000, and La Vergne is most affordable with average house prices of around $254,990.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Rutherford County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Rutherford County, TN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Rutherford County, TN ranges from the highest value of $302,393 in Murfreesboro to the lowest value of $302,393 in Murfreesboro. Bank owned homes and properties account for 0.00% of properties in Rutherford County, TN. There are 8 cities within Rutherford County, TN; Murfreesboro containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMurfreesboro has 24 auction properties, the highest number of properties going to auction in a single city in the state of Rutherford County, TN. Auction homes and other auction properties account for 0.03% of all properties in Rutherford County, TN. There are 8 cities within Rutherford County, TN; of those cities, the median estimated home value for homes going to auction ranges from $633,689 in Rockvale to the lowest value of $173,881 in Rockvale.
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Guide for Rutherford County, TN
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.
The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws