I can't speak for every woman, but I can speak for my own experiences and report based on the things women I know have said. For me and those I've spoken to, we may like muscles, but the things you need to do to get those muscles often aren't as attractive and cancel it out. Like, if you're getting muscles by going to the gym every day, that's only gonna attract women who are enthusiastic about the gym. If you get them from farm work, you'll attract women enthusiastic about farm life.
That's why a lot of us like dad bods so much. It's not that it's inherently more attractive, it's that it's a body type achievable by living the kind of life style people who're into that enjoy.
In other words, yes, muscles can be attractive, but not nearly as attractive as shared hobbies and interests, and it just happens quite often muscles can be a quick indicator that you probably don't share many.