Commercial Real Estate Market in Murfreesboro, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
32 active listings and 178 off-market properties in Murfreesboro, AR.
Market Trends
Murfreesboro, AR spans 140.0 square miles in Pike County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Murfreesboro, AR runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Murfreesboro, AR runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Murfreesboro, AR runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Murfreesboro, AR runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Open space 41.1%
- Residential 32.8%
- Agricultural 11%
- Commercial 7.7%
- Industrial 7.2%
- Mixed use 0.3%
Largest Zones share of zoned land by district
State Park
Residential 1
Residential 2
Agriculture
Commercial And Residential
Murfreesboro, AR zones 2,484 acres across 7 districts. Commercial zoning covers 7.7% of zoned land, residential 32.8%, open space 41.1% and industrial 7.2%. The largest single district is State Park at 41.1%. For commercial buyers the practical constraint is that only 14.9% of land carries a commercial or industrial designation.
Residential 1 (R-1)
The intent of R-1 zone is to promote single and two family residential uses
Market overview
Demographics & Economy
Murfreesboro, AR has 2,327 residents in 1,461 households. Density runs 17 people per square mile. Median household income here is $50,130 and median gross rent $540 a month.
2,327
Population
1,461
Households
1.6
Avg Household Size
46
Median Age
13%
College-Educated
87%
High-School Grad
140 sq mi
ZIP Area
17
Density / Sq Mi
$50,130
Median Household Income
$31,432
Median Earnings
$540
Median Rent
$107,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mount Moriah | — | — |
| Billstown | — | — |
| Pike | — | — |
| Mc Caskill | — | — |
Commercial property in Murfreesboro, AR asks $140/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Murfreesboro?
Commercial property in Murfreesboro, AR asks an average of $140 per square foot.
What zoning applies to commercial property in Murfreesboro?
Murfreesboro, AR zones 2,484 acres across 7 districts, of which 7.7% is commercial and 7.2% industrial. The largest single district is State Park at 41.1% of zoned land. Residential zoning covers 32.8% and open space 41.1%.
Where does Realmo's Murfreesboro market data come from?
Realmo compiles Murfreesboro, AR figures from 32 active sale listings, 178 tracked off-market properties, the current Murfreesboro zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 32 active for-sale and 0 active for-lease listings in Murfreesboro, AR. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,484 zoned acres across 7 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
