Sell Your Underwater House in Murfreesboro, TN
Get Your Cash Offer
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How It Works
Here is how underwater homeowners in Murfreesboro find a path forward with EasyOffer:
Tell Us About Your Property
Enter your address and contact info. Takes 30 seconds.
Get Your Cash Offer
We analyze your Murfreesboro property and send a fair, no-obligation offer.
Close and Get Paid
Pick your closing date. We handle paperwork and pay all closing costs.
Tell Us About Your Property
Enter your address and contact info. Takes 30 seconds.
Get Your Cash Offer
We analyze your Murfreesboro property and send a fair, no-obligation offer.
Close and Get Paid
Pick your closing date. We handle paperwork and pay all closing costs.
Market Snapshot: Murfreesboro, TN
Latest available data from public sources. Updated .
Median Home Value
$402,100
Census ACS 2024
Zillow Home Value Index
$419,033
+0.4% YoY
Zillow ZHVI
Median Sale Price
$319,945
Redfin
Days on Market
98 days
Redfin
Population
165,430
+9.5% since 2020
U.S. Census
Median Household Income
$80,108
Census ACS 2024
Sale-to-List Ratio
99.2%
Redfin
Active Inventory
179 homes
Redfin
Owner-Occupied
52.4%
Census ACS 2024
Price per Sq Ft
$188/sqft
Redfin
Recent Sales
20 homes
Redfin
Unemployment Rate
4.3%
BLS
Property Tax
$2,323/yr
Census ACS 2024
Median Age
31.6 years
Census ACS 2024
Poverty Rate
8.8%
Census ACS 2024
Avg. Commute
27 min
Census ACS 2024
| Metric | Value | Change | Source |
|---|---|---|---|
| Median Home Value | $402,100 | — | Census ACS 2024 |
| Zillow Home Value Index | $419,033 | +0.4% YoY | Zillow ZHVI |
| Median Sale Price | $319,945 | — | Redfin |
| Days on Market | 98 days | — | Redfin |
| Population | 165,430 | +9.5% since 2020 | U.S. Census |
| Median Household Income | $80,108 | — | Census ACS 2024 |
| Sale-to-List Ratio | 99.2% | — | Redfin |
| Active Inventory | 179 homes | — | Redfin |
| Owner-Occupied | 52.4% | — | Census ACS 2024 |
| Price per Sq Ft | $188/sqft | — | Redfin |
| Recent Sales | 20 homes | — | Redfin |
| Unemployment Rate | 4.3% | — | BLS |
| Property Tax | $2,323/yr | — | Census ACS 2024 |
| Median Age | 31.6 years | — | Census ACS 2024 |
| Poverty Rate | 8.8% | — | Census ACS 2024 |
| Avg. Commute | 27 min | — | Census ACS 2024 |
Why Homeowners in Murfreesboro Choose EasyOffer
Murfreesboro's median home value is $419,033 (Zillow, 2026), up 0.4% year-over-year. With 165,430 residents growing 9.5% since 2020. homes here sell in a median of 98 days with a 99.2% sale-to-list ratio. Murfreesboro has unemployment at 4.3% (BLS), a poverty rate of 8.8%, median property taxes of $2,323/year (Census ACS). the median resident age is 31.6 years.
Negative equity in Murfreesboro can happen when home values decline, you bought at the peak, or you took out a second mortgage. Whatever the cause, being underwater makes it feel impossible to move. EasyOffer specializes in navigating these situations, negotiating with lenders to release the excess debt so you can sell and start fresh.
Murfreesboro is one of Tennessee's fastest-growing cities, with a ZHVI around $419K and median sale prices near $320K - far more affordable than Williamson County while still well-positioned for Nashville commuters. With homes sitting roughly 98 days on market and sale-to-list near 99.2%, the market is active but balanced. Heavy new-construction supply gives buyers options, which can leave owners of older or distressed homes competing against builder inventory - an opening for cash buyers offering speed and as-is purchases.
We also serve property owners in nearby Christiana, Smyrna, La Vergne, and throughout Tennessee.
Serving Murfreesboro and Surrounding Areas
Settled in 1811 and named for Revolutionary War officer Colonel Hardy Murfree, Murfreesboro served as Tennessee's state capital from 1818 to 1826 and sits at the geographic center of the state, marked by an obelisk near MTSU.
Neighborhoods We Serve
Blackman
A fast-growing area in northwest Murfreesboro with a mix of new and established homes, strong schools, and easy I-840 and I-24 access; subdivisions here are popular with families and Nashville commuters.
Three Rivers
An established subdivision where homes average roughly $370K-$470K with about 2,200 square feet; a steady, family-oriented neighborhood that tends to hold value well.
Gateway
A mixed-use district near Medical Center Parkway anchored by retail, hospitals, and offices, with newer townhomes and single-family homes attractive to professionals.
Downtown Murfreesboro
The historic core around the Rutherford County Courthouse square, with older homes and bungalows near MTSU that draw students, faculty, and renovation-minded buyers.
Indian Hills
An established neighborhood near a golf course offering larger lots and mature trees, popular with families seeking a settled setting close to town.
Notable Landmarks
Stones River National Battlefield · Oaklands Mansion (1830s historic plantation home) · Cannonsburgh Village (reproduction pioneer village) · Geographic center of Tennessee obelisk · The Avenue Murfreesboro shopping center
Major Employers
Middle Tennessee State University - one of the state's largest universities and a top regional employer. · Nissan - the automaker's nearby Smyrna assembly plant employs thousands of Rutherford County residents. · Ascension Saint Thomas Rutherford - a major hospital and healthcare employer in the city. · General Mills - operates a large food manufacturing facility in Murfreesboro. · Asurion - the tech-protection company maintains a significant operations presence in the area.
Top Schools
Getting Around Murfreesboro
Murfreesboro is served by Interstate 24 and Interstate 840, with U.S. 41/70S and Medical Center Parkway handling local traffic; there is no rail transit, and Nashville International Airport is about 35 miles northwest.
Natural Hazard Awareness
Murfreesboro lies in Middle Tennessee's tornado-prone region and faces localized flood risk along the Stones River and West Fork; seismic risk is low to moderate from the distant New Madrid fault.
Recent Developments
- •The Murfreesboro City Council approved the phased Keystone Project, a roughly $175 million downtown development bringing 239 multifamily units, around 100 condos, a 115-room hotel, and over 10,000 square feet of retail, with construction expected to begin around 2027.
- •Murfreesboro issued more than 2,000 residential building permits in 2024, reflecting sustained demand as families seek alternatives to Nashville's higher prices.
- •The city is implementing downtown wayfinding signage in 2026 and using state funding to help restore and add accessibility upgrades to historic downtown structures.
- •New mixed-use projects and industrial parks are expanding near the I-24 corridor as Murfreesboro grows as a manufacturing and distribution hub.
What Our Sellers Say
“My mom passed and I inherited her place in Antioch. It needed a ton of work and I live out of state so I couldn't deal with contractors or showings. They came out, looked at it, and had a number for me the next day. We closed in 9 days. The whole thing was so much easier than I expected.”
Inherited Property
“Honestly I was skeptical at first because I'd heard horror stories about cash buyers lowballing people. But they explained exactly how they came up with the number and it was fair. We were behind on payments and they got everything done in a week. No last-minute changes, no surprises at closing.”
Avoided Foreclosure
“My husband got transferred to Dallas and we had about three weeks to figure out the house. A friend told us about EasyOffer. They gave us a cash offer that same afternoon and worked around our move date. We closed 11 days later without having to do a single showing or open house.”
Job Relocation
Frequently Asked Questions
What does it mean to be underwater on a mortgage?
Being underwater means you owe more on your mortgage than the property is currently worth. For example, if you owe $250,000 but the home is worth $200,000, you have $50,000 in negative equity.
Can I sell my house if I owe more than it is worth in Murfreesboro?
Yes, through a short sale. Your lender agrees to accept less than the full mortgage balance. EasyOffer handles all lender negotiations to get the short sale approved.
Will I owe the difference if I sell an underwater house?
In many cases, the lender waives the remaining balance (called the deficiency). We negotiate for a full release of the deficiency so you do not carry the debt after selling.
How do I know if my Murfreesboro house is underwater?
Compare your current mortgage balance (from your most recent statement) to your home's estimated market value. If the balance is higher, you are underwater. We provide a free evaluation to help you assess your situation.
Is it better to wait for values to recover or sell now?
This depends on your financial situation. If you can afford the payments and want to wait, that is an option. But if the payments are straining your budget, selling now prevents further financial damage.
What are the tax implications of selling an underwater home?
Forgiven debt may be considered taxable income by the IRS, but there are exceptions including the Mortgage Forgiveness Debt Relief Act. Consult a tax professional for your specific situation.