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Warenski-Duvall Commercial Building and ApartmentsWarenski-Duvall Commercial Building and Apartments · Photo: Karrol Broschinsky · Public domain
Housing in Murray

513 homes sold in Murray in the last year, at a typical $541K

About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Murray homes are listed.

Homes sold
513
June 2025 to May 2026
Typical sale price
$541K
houses $608K · condos $338K
Price per square foot
$260
Utah $260
Paid vs. asking
98.7%
23% sold over asking
For sale now
154
May 2026 · 40 sold that month
What sold · last 12 months

A quarter of Murray’s sales are condos, at $270K less than a house

304 houses and 129 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$608K

typical sale · 304 sold in 12 months

Per square foot
$257UT $247
Days to sell
41
Sold over asking
25%
Listings with a price cut
32%
Condos$338K

typical sale · 129 sold in 12 months

Per square foot
$274UT $403
Days to sell
52
Sold over asking
16%
Listings with a price cut
28%
Fewer sales

Multi-family (2–4 units): 9 sold, typical $816K
Townhouses: 71 sold, typical $485K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at 2.2 times the 2016 price

513 sales in the last year, against 842 in 2020 and a low of 484 in 2023. The typical sale went from $241K in 2016 to $541K.

Homes soldTypical sale price
0212425637850$225K$350K$475K$600K2012: 557 sold, typical $183K’122013: 660 sold, typical $206K2014: 651 sold, typical $210K’142015: 766 sold, typical $229K2016: 760 sold, typical $241K’162017: 762 sold, typical $257K2018: 793 sold, typical $291K’182019: 809 sold, typical $322K2020: 842 sold, typical $380K’202021: 768 sold, typical $449K2022: 591 sold, typical $490K’222023: 484 sold, typical $493K2024: 561 sold, typical $508K’242025: 549 sold, typical $538KLast 12 months: 513 sold, typical $541KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $550K buys in Murray

Houseat $257 a sq ft
Condoat $274 a sq ft
The same money in Utahat $247 a sq ft

Is this asking price fair?

Check a listing against what Murray homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Murray are rarer than before the pandemic, and more homes are for sale

We read every month of Murray’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 513 sales.

If you’re buying in Murray

  • Shop in September. It brings about 73 new listings a month, close to the busiest month, with fewer bidding wars (32% over asking).
  • Less room to haggle. Only 30% of listings cut their price, against 35% before the pandemic.
  • Bid near asking. Buyers paid 98.7% of the list price on average; 23% paid over.
  • You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 48 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 83 a month), but June is the most competitive: 42% of June sales close over asking. December has the least competition (26%) but only about 33 new listings.

New listings a monthShare sold over asking
021.342.563.88520%40%60%Sweet spotJan: 47 new listings a month, 31% sold over asking, 40 days to sellJFeb: 49 new listings a month, 32% sold over asking, 42 days to sellFMar: 68 new listings a month, 37% sold over asking, 29 days to sellMApr: 78 new listings a month, 41% sold over asking, 20 days to sellAMay: 79 new listings a month, 39% sold over asking, 19 days to sellMJun: 83 new listings a month, 42% sold over asking, 21 days to sellJJul: 73 new listings a month, 36% sold over asking, 21 days to sellJAug: 83 new listings a month, 34% sold over asking, 21 days to sellASep: 73 new listings a month, 32% sold over asking, 25 days to sellSOct: 62 new listings a month, 31% sold over asking, 27 days to sellONov: 43 new listings a month, 28% sold over asking, 31 days to sellNDec: 33 new listings a month, 26% sold over asking, 42 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Utah as a whole

Murray now2017–192021 peakUT now
Sold over askingShare of sales that closed above the list price23%33%59%21%
Gone within two weeksShare of homes under contract within 14 days37%54%73%27%
Listings with a price cutShare of homes for sale that cut their price30%35%32%29%
Price paid vs. askingAverage sale price ÷ list price98.7%99.4%102.4%98.6%
Days to sellMedian days from listing to contract4819954
Supply

141 homes for sale on a typical day

That’s 3.3 times the 2021 low (43), 56% more than in 2017–19 and well under 2014’s 238.

2012: 222 for sale’122013: 232 for sale2014: 238 for sale2015: 211 for sale’152016: 105 for sale2017: 83 for sale2018: 93 for sale’182019: 94 for sale2020: 79 for sale2021: 43 for sale’212022: 72 for sale2023: 91 for sale2024: 118 for sale’242025: 138 for saleLast 12 months: 141 for saleNow
Room to negotiate

1 in 3 listings has cut its price

30% in the last year, against 35% in 2017–19 and 29% across Utah.

2015: 20%’152016: 29%2017: 35%2018: 35%’182019: 36%2020: 30%2021: 32%’212022: 47%2023: 35%2024: 37%’242025: 33%Last 12 months: 30%Now
Prices by type

Since 2019, houses are up 64%, condos 64%

A house typically sold for $608K in the last year (304 sales), a condo for $338K (129).

$250K$400K$550K$700K2013201520172019202120232025NowHouses 2013: $243K, 380 salesHouses 2014: $238K, 374 salesHouses 2015: $266K, 433 salesHouses 2016: $292K, 413 salesHouses 2017: $309K, 402 salesHouses 2018: $341K, 422 salesHouses 2019: $370K, 466 salesHouses 2020: $433K, 513 salesHouses 2021: $516K, 445 salesHouses 2022: $584K, 319 salesHouses 2023: $572K, 259 salesHouses 2024: $584K, 303 salesHouses 2025: $610K, 313 salesHouses last 12 months: $608K, 304 salesHouses $608KCondos 2013: $127K, 197 salesCondos 2014: $129K, 190 salesCondos 2015: $137K, 224 salesCondos 2016: $153K, 234 salesCondos 2017: $162K, 231 salesCondos 2018: $181K, 235 salesCondos 2019: $206K, 227 salesCondos 2020: $216K, 214 salesCondos 2021: $282K, 202 salesCondos 2022: $314K, 186 salesCondos 2023: $321K, 153 salesCondos 2024: $345K, 150 salesCondos 2025: $348K, 132 salesCondos last 12 months: $338K, 129 salesCondos $338K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Utah

Murray ranks 43rd of 94 busy Utah markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Murray is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Murray home costs about $3,038 a month

Mortgage
Property tax
Insurance
Rent

Price: Murray’s typical sale, last 12 months. Property tax at Murray’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Murray is affordable on local pay is on Cost of living.

Before you buy in Murray

Six things worth knowing

83

New listings in August

The month with the most choice. December has the fewest, about 33.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $541K home, about $2,580 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Murray, from test results, graduation and how much students grow.

Schools in Murray
21 min

Typical commute

The average one-way trip to work for people who live in Murray.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Taylorsville sells for less a square foot; Holladay for far more

The busier markets within 25 miles of Murray, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Millcreek718$640K$31623%45
Murray513$541K$26023%48
Taylorsville473$491K$24129%42
Holladay398$821K$32820%40
Cottonwood Heights355$796K$29022%41
Midvale347$491K$26023%45
South Salt Lake197$452K$28827%45

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Murray, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Murray. People who follow the town see it, and so do people comparing Murray with their own town. No commission, no listing fee.

Questions about buying a home in Murray

What do homes sell for in Murray, UT?

513 homes sold in the year to May 2026 at a typical $541K, $260 a square foot. Houses sold for about $608K, condos for about $338K.

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

A seller’s market: 154 homes were for sale in May 2026 and 40 sold, about 3.9 months of supply. Buyers paid 98.7% of asking on average, and 30% of listings cut their price.

When is the best time to buy in Murray?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Murray?

About 0.5% of a home’s value a year. On a $541K home that’s near $2,580.

Where can I see homes for sale in Murray?

Zillow, Redfin, Realtor.com and Homes.com all carry Murray’s MLS listings; the search links above open each one filtered to Murray.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).