MURFREESBORO, TN (WGNS) - A new national report is shining a light on where the housing market is still running hot in 2026—and Murfreesboro finds itself right in the middle of the pack. Construction Coverage has released its latest ranking of the hottest real estate markets in the country, analyzing more than 850 cities and all 50 states. While the national market has cooled considerably, the study shows that some pockets of the country are still seeing fierce competition.

Murfreesboro, one of the fastest-growing cities in Tennessee, landed 89th out of 127 midsize cities with a composite score of 37.3. It’s not sizzling, but it’s certainly not cold either. The ranking suggests that even as the national market slows, demand here remains steady—just not at the fever pitch we saw during the pandemic boom.

The report notes that Murfreesboro’s median home price now sits at $424,995, with prices rising 1.9% over the past year. That’s slightly above the national increase of 1.6%, a sign that local demand is still strong enough to keep prices inching upward. But the pace is far more manageable than the double‑digit surges buyers and sellers weathered just a few years ago.

Competition has also eased. Only 12.6% of homes in Murfreesboro are selling above asking price, compared to 27% nationally. And homes here are taking longer to move—about 64.7 days on average, versus the national median of 48.7 days. For buyers who spent the last few years battling bidding wars, that slower tempo may feel like a welcome breather.

The broader national picture helps explain the shift. After the wild swings of 2021 through 2023—skyrocketing prices, sudden cooldowns, and unpredictable mortgage rates—the housing market is entering 2026 with a new set of challenges. High borrowing costs and persistent inflation have pushed many would‑be buyers to the sidelines, especially first‑timers struggling with affordability.

Still, Murfreesboro’s steady growth, strong job market, and ongoing population influx continue to support demand. The market may not be “hot,” but it’s holding its own as the spring selling season approaches.

More information is available from the group Construction Coverage.