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Munford Housing Market Report June 2025Tipton County, Tennessee

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Housing Prices in Munford, TN

How much do homes in Munford, TN cost?

Housing Market Conditions

Is Munford, TN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Munford is a Neutral Market

Difference Since June 2024

At the same time last year, Munford was a Buyer's Market.

Insight

Munford is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$290,000$161/SqFt
-$9,900
-3.3%

Based on all homes sold in the last 12 months

Insight

Homes in Munford have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in Munford was $290,000 in June 2025, down 3.3% from last year, and the median price per square foot was $161.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2-$235K
N/A
3$260K$272K
+4.6%
4$323.9K$362.5K
+11.9%
5$249.9K$412K
+64.9%

Summary: Munford housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +4.6%. The home price for 4 bedroom homes increased by +11.9%. The home price for 5 bedroom homes increased by +64.9%.

How does Munford, TN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Munford, TN

Housing supply in Munford, TN

How many homes are available in Munford, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
69Last MonthJun 2025
682 months agoMay 2025
+1.5 %
Change MoMMay – Jun

Summary: The Munford real estate market had 69 homes for sale in Jun 2025, a 1.5 % increase compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
11Last MonthJun 2025
152 months agoMay 2025
-26.7 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
211
0.0%
33533
-5.7%
42930
+3.4%
535
+66.7%

Summary: Munford housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -5.7%. The inventory for 4 bedroom homes increased by +3.4%. The inventory for 5 bedroom homes increased by +66.7%.

Asking Price vs. Sold Price

How much do homes in Munford, TN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price5 Homes

At Asking Price4 Homes

Under Asking Price2 Homes

Insight

If you're buying a home in Munford, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Munford in June 2025, down by 26.7% month-over-month. Of the 11 sold homes, 18% were sold under asking, 36% were sold at asking, and and 45% were sold over asking.

Days on Market for Munford, TN

How long does it take to sell a home in Munford, TN?

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
0 DaysThis YearJun 2025
143 Days1 year agoJun 2024
0.0 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Munford had an average listing age of 0 days in Jun 2025, down by .0% compared to the previous year.

Newest Listings in Munford, TN

What homes are available in Munford, TN?

Nearby markets

MLS Disclaimers and Copyright

Based on information from Memphis MLS, for the period 07/01/2023 - 07/01/2025

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 12:55:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.