Murray, UT Housing Market & Real Estate

Balanced market-4.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Murray, UT is $506,500, down 4.6% year-over-year. Homes sell in an average of 58 days with 127 active listings. The market is currently a balanced market.

$506,500median sale price

Is Murray a buyer's or seller's market?

Balanced market3.3 months of supply58 avg. days on market

Murray, UT is currently a balanced market, based on 3.3 months of supply and homes selling in about 58 days. How we determine this →

Homes sold

38

Last 12 weeks

Days on market

58

Average pace

Active listings

127

3.3 months supply

Sale-to-list

98.9%

Below asking

Murray, UT market data

Current housing market statistics for Murray, UT
MetricValue
Median sale price$506,500
Median list price$549,450
Year-over-year price change-4.6%
Average days on market58 days
Active inventory127 listings
Months of supply3.3 months
Sale-to-list price ratio98.9%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Murray housing market is currently classified as a balanced market with a median sale price of $506,500. Prices have fallen 4.6% compared to last year, with homes spending an average of 58 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Murray

There are currently 127 homes listed for sale in Murray, Utah. The median listing price is $549K.

Active listings

127

Homes on market

Median list price

$549K

Avg. days on market

58

Days until sale

New this week

48

Newly listed

Price drops:27.6%of listings
Sale-to-list:98.9%

Top public schools in Murray

13 schools tracked · 7,465 students

The largest public schools serving Murray, UT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Utah Virtual Academy

Grades K-12 · 1,732 students

Charter

Murray High

Grades 10-12 · 1,374 students

Public

Hillcrest Jr High

Grades 7-9 · 748 students

Public

Horizon School

Grades K-6 · 614 students

Public

Riverview Jr High

Grades 7-9 · 613 students

Public

Parkside School

Grades K-6 · 473 students

Public

Mcmillan School

Grades K-6 · 459 students

Public

Viewmont School

Grades K-6 · 423 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Murray?

The median home sale price in Murray is $506,500, down 4.6% from last year.

How long do homes stay on market in Murray?

Homes typically spend 58 days on market before going under contract.

Is Murray a buyer's or seller's market?

With 3.3 months of supply, Murray is currently a balanced market.

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