How Competitive is the Blackman, TN Housing Market?

by Stephanie Jones

Blackman, a neighborhood in Murfreesboro, TN, isn't a very competitive housing market. Under 10% of homes sold above list price in the 3 months ending June 2026, and the typical home took 68 days to sell.

The National Picture

The national sold-above rate of 24.6% is more than 2.5 times Blackman's 9.6%. Nationally, homes sell in a median of 50 days—18 days faster than in Blackman. For buyers, this gap means less urgency to bid aggressively and more time to evaluate options.

Murfreesboro's Other Neighborhoods Move Faster

Downtown Murfreesboro sees 20% of homes sell above asking with a median of just 33 days on market—less than half Blackman's pace. West Murfreesboro (16%, 56 days) and Three Rivers (18%, 67 days) also outpace Blackman on competition metrics. Despite a strong 98.6% sale-to-list ratio, Blackman's slow turnover and low overbid rate mean buyers can take their time and negotiate from a position of strength.

Why Isn't Blackman Very Competitive?

Blackman isn't very competitive because weakening demand has outpaced inventory declines, leaving buyers under little pressure to compete. Homes sold dropped 13% year over year to 107, signaling weakening demand. Meanwhile, active listings fell 17% to 227, keeping months of supply at a relatively balanced 3.6. The demand pullback outweighs the inventory reduction, with days on market rising 9 days and only 24% of homes going under contract within two weeks, buyers simply aren't competing with the urgency seen in more central Murfreesboro neighborhoods.

Nearby Neighborhoods

Neighborhood	Sold Above List	Sale-to-List	Days on Market	Off Market in 2 Wks
Blackman	9.6%	98.6%	68 days	24.2%
West Murfreesboro	15.9%	99.7%	56 days	33.3%
Three Rivers	17.6%	99.5%	67 days	42.3%
Downtown Murfreesboro	20.0%	96.7%	33 days	30.4%
Antioch-Priest Lake	19.6%	98.0%	63 days	28.4%
East Nashville	15.8%	98.1%	54 days	37.0%

Limited to neighborhoods with at least 10 home sales in the period.

All data comes from Redfin and represents a three-month rolling average ending June 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.