Brokers — List your Company Here
Featured local agent — Murray Hill, KY
Sarah Mitchell
Compass Real Estate · Murray Hill, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Murray Hill, KY Housing Market
The last median sale price Redfin published was $355,000 (through May 2026). With 2.0 months of supply, Murray Hill is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $355,000 home is about $1,895/mo in principal and interest.
Key numbers for Murray Hill, KY
Median sale price
$355,000
Last published period
Redfin, through May 2026
Active listings
2
2.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$115,625
Home costs 3.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Murray Hill a buyer's or seller's market?
Murray Hill, KY is a seller's market, based on 2.0 months of supply. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Murray Hill housing market data show?
Every row below is Redfin's final published month for Murray Hill, KY. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $355,000 |
| Median list price | $399,900 |
| Median price per sq ft | $93/sq ft |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| New listings (that month) | 3 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Murray Hill is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Murray Hill is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Murray Hill home prices moved?
Across the 18 months we hold for Murray Hill, KY, the median sale price fell 10.0%, from $394,250 in June 2021 to $355,000. For prices to fall meaningfully from here, supply would have to keep building past 2.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
Get Murray Hill market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Murray Hill?
Priced off the median sale price of $355,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $71,000 | $284,000 | $1,895/mo |
| 5% | $17,750 | $337,250 | $2,251/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,895, that implies roughly $81,222 a year before you add taxes and insurance. The median household in Murray Hill earns $115,625, about $34,403 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.1x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Murray Hill in the next 12 months?
Tell us your timeline. We send the Murray Hill market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Murray Hill?
Zillow does not publish a rent index (ZORI) for Murray Hill, KY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Murray Hill?
Active listings in Murray Hill, KY went from 2 in July 2023 to 2 in May 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| July 2023 | 2 | not published |
| August 2023 | 1 | 1 |
| August 2025 | 1 | 1 |
| December 2025 | 3 | 2 |
| May 2026 | 2 | 3 |
Redfin, through May 2026
How does Murray Hill compare to Kentucky and the U.S.?
Murray Hill homes sell for $355,000 — 25% above the Kentucky median of $284,400. Against the national median of $410,700, Murray Hill runs 14% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Murray Hill, KY | $355,000 | not published | not published |
| Kentucky statewide | $284,400 | +2.3% | 45 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Murray Hill
What buyers should watch
- Months of supply, currently 2.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $355 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $355,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
- In the last published month Murray Hill added 3 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Murray Hill varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Murray Hill
There are currently 2 homes listed for sale in Murray Hill, Kentucky. The median listing price is $400K.
Active listings
2
Homes on market
Median list price
$400K
New this week
3
Newly listed
How much do homes cost in Murray Hill by property type?
How the Murray Hill, KY market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $355,000 | $93/sq ft | 1 | not published |
Who lives in Murray Hill?
American Community Survey estimates for Murray Hill. U.S. Census ACS, 2023
Population
589
Households
237
Median income
$115,625/yr
Median age
49.3 years
Owner-occupied
68.4%
Median home value
$385,200
Median gross rent
$2,536/mo
Mean commute
18.8 min
68.4% of occupied homes in Murray Hill are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Murray Hill, KY?
Ordered by distance from Murray Hill, not by size. Compare Murray Hill side by side with any of them.
Murray Hill housing market FAQ
Is Murray Hill a buyer's or seller's market?
Murray Hill, KY is currently a seller's market. That read comes from 2.0 months of supply, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Murray Hill?
The median sale price in the last month Redfin published was $355,000, about $93 per square foot.
Is Murray Hill cheaper than the rest of Kentucky?
Murray Hill's median sale price of $355,000 is 25% higher than the Kentucky statewide median of $284,400, and 14% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Murray Hill?
We do not hold a days-on-market figure for Murray Hill, KY. Redfin stopped publishing its public market tracker in June 2026, so this metric is frozen wherever it exists and missing where it never landed.
What income do you need to buy a home in Murray Hill?
At the current 30-year fixed rate of 7.03%, 20% down on a $355,000 home is about $1,895 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $81,222 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $115,625.
Are home prices rising in Murray Hill?
We do not hold a complete 12-month value series for Murray Hill, KY yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Murray Hill?
Murray Hill ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Murray Hill?
That depends on your timeline, not on a headline. What the data says today: Murray Hill, KY is a seller's market with 2.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Murray Hill, KY
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Murray Hill
Nearby markets
Get the Murray Hill market brief
Get the Murray Hill, KY market brief
One email: what homes are actually clearing at around $355,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.