Murfreesboro TN was recently listed as one of the top 20 emerging housing markets by the Wall Street Journal and Realtor.com Fall 2022 Emerging Housing Markets Index Report. After reviewing data of the 300 largest metropolitan areas in the United States, Nashville-Davidson–Murfreesboro–Franklin, TN was listed as #13.
Specifically, the Report reviews housing markets that offer the following criteria for shoppers:
- Healthy local economies;
- Vibrant local business communities; &
- Attractive lifestyles.
Check out all the top 20 markets in the Fall 2022 Top 20 Emerging Housing Markets list.
Housing Activity in Murfreesboro Remains Strong
As you may already be well-aware, 2022 has brought many changes to the real estate market nationally, especially compared to 2021. In fact, the Index report describes that “housing activity as slowed as buyers contend with higher housing costs.” The number of homes for sale are increasing, as well as the time on the market. Out of the Fall 2022 top 20 emerging housing markets, Midwestern markets, like Nashville-Davidson–Murfreesboro–Franklin, TN, were seeing the fastest movement (~under 33 days).
Murfreesboro TN Area: Part of A Larger Market with a Strong Local Economy
The Fall 2022 Report also has larger populations than the Summer and Spring Reports. In fact, the average population of the top 20 is ~900,000. The Nashville-Davidson–Murfreesboro–Franklin, TN area has a population of 1,961,232 with an unemployment rate of 2.7%. In addition, typical wages were on-par with top markets and all markets reviewed. This makes for a strong local economy in the Middle Tennessee area, including Murfreesboro, TN.
Alpyne Strategy Proud that Murfreesboro Listed as Fall 2022 Top 20 Emerging Housing Market
Our family-owned and operated Murfreesboro Marketing Agency was excited to learn that the Nashville-Davidson–Murfreesboro–Franklin, TN area was listed as #13.
Murfreesboro, TN, where our marketing agency is headquartered, has a great economy, strong community, and thriving local business scene. In addition, Murfreesboro has a great education system. If you’re curious About Us here at Alpyne Strategy, our family was raised here and attended the excellent local school system.
In fact, sisters Elizabeth Ortlieb and Faithann Ortlieb attended Blackman High School, and William attended Riverdale High School in Murfreesboro, TN. Academic scholarships lead them to Vanderbilt University and Hobart and William Smith Colleges. Upon graduation from university, our careers took us in many different places, as far away as Europe, but we decided to come together again and form a marketing agency together here in our hometown of Murfreesboro, TN. Learn more about Why Murfreesboro.
If you’d like to learn more about Murfreesboro, feel free to comment below or send us a direct message. We love talking about our community and recommending the best places to shop and eat. We are proud that Murfreesboro has been featured in the Fall 2022 Top 20 Emerging Housing Markets Index Report.
That’s all for now. Thanks for reading.