Is Murray, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Murray has remained a Seller's Market.
Housing Prices in Murray, KY
How much do homes in Murray, KY cost?
Median Sold Price
$265,000
$139/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Murray was $265,000 in April 2024, up 1% from last month, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $88K | $158.8K | +80.5% |
3 Bedrooms | $255K | $246.9K | -3.2% |
4 Bedrooms | $320K | $448.4K | +40.1% |
5+ Bedrooms | $590K | $410K | -30.5% |
Summary: Murray housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 80.5%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 40.1%, and 5+ bedroom homes decreased by 30.5%.
Median Sold Price Compared To Nearby Cities
Hazel-Lynn Grove | $125K | $265K | +112.0% |
Murray | $262.5K | $265K | +1.0% |
Housing Supply in Murray, KY
How many homes are available in Murray, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 | 101 | +18.8% |
Summary: The Murray real estate market had 101 homes for sale in April 2024, a 18.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 40 | 50 | +25.0% |
4 Bedrooms | 28 | 29 | +3.6% |
5+ Bedrooms | 7 | 11 | +57.1% |
Summary: The Murray housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 19 | -5.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Murray in April 2024, down by 5.0% month-over-month. Of the 19 sold homes, 58% were sold under asking, 37% were sold at asking, and 5% were sold over asking.
Days on Market for Murray, KY
We’re sorry, we don't have information for this market at the moment