The story of this market
The typical home in Murray, Utah sells for about $600,000, or $256 per square foot.
Prices are up +9.8% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,550 a month.
Monthly price momentum
Home values since 2015
+1.3%
UT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Murray, Utah
The Murray housing market is experiencing a significant contraction in transaction volume, with closed sales falling 59% year-over-year as of August 2026. While median prices remain 9.8% higher than the previous year, the market is showing signs of cooling as elevated mortgage rates and a rising share of price cuts indicate a widening gap between seller expectations and buyer affordability.
No ARED county foreclosure postings attributed to Murray yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 13.3% year over year.
Homes spend a median of 55 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 7.8% — a stable, low-distress profile.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Utah) — Primary Residential Property Tax Exemption: The fair market value of the residential property is reduced by 45% for tax assessment purposes. The exemption is limited to one acre of land per residential unit, unless the parcel size is the minimum required by local zoning and is five acres or less.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from data.census.gov; figures represent city-level place estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.