Salt Lake County · Central Salt Lake Valley
Murray Real Estate
Last updated: July 2026 · Market data from the Wasatch Front Regional MLS
Murray sits at the geographic center of the Salt Lake Valley, a full-service city of its own with its own school district, hospital campus, and TRAX lines, wrapped around Murray Park and the Jordan River.
Murray Market Snapshot
As of June 2026, the typical home in Murray sells for about $525,000 (2026 year-to-date median, all home types). Prices are flat year over year in a balanced market.
Typical sale, 2026 year-to-date
Market conditions, June 2026
Source: UtahRealEstate.com / RapidStats MLS data. Median figures are all residential property types (single-family, townhouse, and condo), 2026 year-to-date; market-condition figures reflect June 2026. Data deemed reliable but not guaranteed. Market data powered by zoomUTAH.com.
Murray's central-valley location and near-built-out land supply have kept values resilient, with the median at $525,000, up about 1% year over year. Long-term, its transit access, employment base, and limited room for new construction tend to support steady appreciation rather than boom-and-bust swings, though returns vary meaningfully by block and by how much of the freeway, rail, or arterial factor a given home carries.
Murray at a Glance
- 50,780 Population (2026) Roughly the 18th largest city in Utah, at the center of the valley
- $90,746 Median household income Comfortably above the Utah median
- ~0.7% / yr Population growth Steady infill on land that is nearly built out
- ~$3,150 Typical property tax / yr About 0.6% effective on the median home after the primary-residence exemption
- ~$1,650 Median rent / mo A mix of apartments, condos, and rented single-family homes
- ~15 min Drive to downtown SLC About 12 miles up I-15, or one ride on TRAX
What your money buys in Murray
Entry pricing: older ramblers, condos, and townhomes, often along the State Street and Redwood Road corridors or backing busier streets.
The heart of the market around the $525,000 median: mid-century ramblers and updated homes on the central grid.
Larger or renovated homes, many on the east side toward Little Cottonwood Creek, plus newer detached infill.
The premium tier: east-bench homes near Cottonwood, bigger lots, and custom or fully rebuilt properties.
How Murray compares
A quick side-by-side with neighboring cities on the factors buyers weigh most.
| Murray | Midvale | Holladay | Millcreek | Taylorsville | |
|---|---|---|---|---|---|
| Typical price | $525,000 median | ~$480,000 | ~$750,000 | ~$625,000 | ~$470,000 |
| Drive to downtown SLC | ~15 min | ~18 min | ~20 min | ~15 min | ~20 min |
| School district | Murray City (own district) | Canyons / Jordan | Granite | Granite | Granite |
| Housing character | Mid-century ramblers, transit infill | Older homes, redevelopment, transit | Larger lots, east-bench homes | Established homes, walkable pockets | Suburban ramblers, larger subdivisions |
| Known for | Central hub, mall, hospital, own schools | TRAX, revitalizing downtown, value | Upscale established feel, foothills | Millcreek Common, trails, canyon access | Affordable, family-scaled suburb |
Your Murray Expert
I am Kris Bowen, a real estate broker with LPT Realty, 23 years in and more than 1,000 Utah closings behind me. I am based in Holladay and Salt Lake City, right next door to Murray, and I know how much value hides in the difference between one block and the next here. I price against in-person comps I have actually walked, not a citywide average. Reach me at 801-999-8005 or search homes at zoomUTAH.com.
Kris Bowen, Real Estate Broker, LPT Realty
“Kris did an excellent job as our (Buyer) Realtor. I was a Realtor for many years and found Kris to fulfill all the characteristics of an excellent professional. He was always responsive and his follow-up was outstanding. I would have him represent me again, and would recommend Kris to family and friends.”
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Buying a Home in Murray
Buyers in Murray are shopping a tight but reasonable market. So far in 2026 the median sale price is $525,000, up about 1% year over year, with an average sale price of $515,834. There are 138 active listings and just 2.7 months of supply, so good homes still move, but the 61 average days on market and a 97.2% sale-to-list ratio tell you buyers have room to inspect, negotiate, and ask for repairs rather than waive everything on day one. The value in Murray is location: you get a central-valley address with quick I-15 and TRAX access, established trees, and a real downtown, usually for less than the east-bench cities next door. I walk these streets and price each home against in-person comps on the same block, because a rambler backing the freeway and a remodeled home two streets east can carry very different numbers even at the same square footage.
Murray spans a wide range. Entry pricing runs roughly $350,000 to $475,000 for older ramblers, condos, and townhomes along the State Street and Redwood Road corridors. The heart of the market, right around the $525,000 median, buys a mid-century rambler or an updated home on the central grid. From about $575,000 to $750,000 you move into larger or renovated homes, many on the east side toward Little Cottonwood Creek, plus newer infill townhomes. Above $750,000 you are into the east bench near Cottonwood, bigger lots, and custom or fully rebuilt homes.
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New to the area? Start with our Utah buyer’s guide and relocating to Utah resources.
Selling a Home in Murray
If you are selling in Murray, the fundamentals are on your side without being frothy. Supply is low at 2.7 months, homes are closing at 97.2% of list, and the median sits at $525,000. That combination rewards sellers who prepare and price correctly and punishes those who chase the market. With 61 days as the average time on market, an overpriced home here does not get bailed out by a bidding war; it sits, ages, and eventually sells for less. My approach is to price against the specific comps within a few blocks, stage and photograph so the home leads online, and hit the market clean so we capture the strongest buyers in the first ten days.
The most common mistakes I see in Murray: pricing off a citywide average instead of block-level comps, since a home near Fashion Place and one on a quiet east-side street are not interchangeable; skipping basic prep on 1960s and 1970s homes where dated kitchens and baths scare buyers who then discount hard; and ignoring the freeway, rail, or arterial-road factor on certain streets, which needs to be priced in from the start rather than discovered in inspection. With 138 homes competing for attention, presentation and honest pricing are what separate a quick sale from a stale listing.
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New Construction in Murray
Murray is largely built out, so true new construction is limited and mostly takes the form of infill: townhomes, small-lot detached homes, and condo or mixed-use projects near TRAX stations, Fashion Place, and the State Street corridor. Buyers who want a brand-new single-family home on a standard lot usually have to look south to the newer suburbs, but Murray infill appeals to people who want a low-maintenance, walkable home close to transit and shopping. I help buyers weigh builder incentives and HOA terms against comparable resale homes, which often win on lot size and price per foot.
Relocating to Murray?
Buying from out of state, made simple
Relocating to the valley and weighing Murray? It is one of the easiest places to land because of its central location: quick access to downtown, the airport, the university, and the south-valley tech corridor, plus its own schools and hospital. I help out-of-state buyers compare Murray against Holladay, Millcreek, and the south suburbs on price, commute, and lifestyle before they ever get on a plane. Call 801-999-8005 or start at zoomUTAH.com.
See our relocating-to-Utah guide →- Video tours before you ever land
- Neighborhood & school guidance, remote
- Trusted local lender introductions
- Timed to your move, not a rush
Featured Murray Communities
The areas buyers ask about most. Murray has more, so tell us what you are looking for and we will point you to the right fit.
Downtown Murray and the historic grid
The older established grid around Murray City Center, Vine Street, and the historic Main Street district, with tree-lined blocks, bungalows, and ramblers close to the library, City Hall, and TRAX.
East Murray near Little Cottonwood Creek
The east side toward Highland Drive and the Cottonwood area, generally the higher-priced part of town with larger lots, mature landscaping, and quieter streets.
West Murray along Redwood Road and the Jordan River
The west side near the Jordan River Parkway, a more affordable pocket with a mix of ramblers, split-entries, and newer townhome infill, and easy river-trail access.
The Fashion Place and Winchester area
The commercial core around Fashion Place Mall and the big-box corridor, with condos, apartments, and townhomes built for walkability and transit rather than large yards.
Murray Hill and the northeast pocket
Established northeast neighborhoods near 4500 South and Highland Drive, some of which feed into Granite District schools rather than Murray City schools.
Best Murray neighborhood for…
Matching what you want most to where it lives in Murray.
- Best value per square foot West Murray along Redwood Road and the Jordan River, where ramblers and split-entries price below the east side.
- Most transit-connected The Fashion Place and Murray Central area, within walking distance of TRAX and FrontRunner.
- Largest lots East Murray near Little Cottonwood Creek and Highland Drive, with mature landscaping and bigger yards.
- Best for lock-and-leave Newer townhomes and condos near Fashion Place, built for low maintenance and walkability.
- Most established setting The historic grid around downtown Murray, with tree-lined streets, bungalows, and walkable civic amenities.
Murray Schools
Murray is unusual in the valley for running its own small district, Murray City School District, which many residents point to as a draw. A northeast slice of the city sits inside Granite School District instead, so confirm boundaries before you buy if a specific school matters to you.
High schools
- Murray High School (Murray City School District)
- Cottonwood High School (Granite District, serves a northeast portion of the city)
Middle / junior high
Four-year graduation rate
Which high school feeds where
| Area of Murray | Typically feeds |
|---|---|
| Most of the city inside Murray City limits | Murray High School (Murray City School District) |
| Northeast pocket near 4500 South and Highland Drive | Cottonwood High School (Granite District) |
Boundaries shift as the area grows. Always confirm your exact address on the official district boundary map.
Graduation rates are approximate, Utah State Board of Education 2023-24, and vary by year. Boundaries can split within a neighborhood, so verify the assigned school for any specific address.
Living in Murray
Beyond the market numbers, here is what day-to-day life and the cost of owning look like. Tap any section to open it.
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What is Murray known for?
Murray is the retail and medical hub of the central valley. Fashion Place Mall and its surrounding big-box corridor draw shoppers from across the region, and Intermountain Medical Center, on the site of the old Murray smelter, is one of the largest hospital campuses in the state and a major employer. -
What is there to do outside?
Murray Park is the centerpiece, with a swimming pool, tennis courts, an amphitheater that hosts summer concerts, and the Murray Fun Days festival in July. The Park Center offers indoor pools, a track, and a gym, and the Jordan River Parkway Trail runs through the west side of the city and links into more than 40 miles of connected trail. -
How walkable and transit-connected is it?
For a valley suburb, Murray is well served by transit. It has multiple TRAX light-rail stations and a FrontRunner commuter-rail stop at Murray Central, so many residents can reach downtown Salt Lake City, the airport, or the south valley without driving. -
What does the housing stock look like?
Mostly mid-century ramblers, split-entries, and bungalows from the 1950s through the 1970s, with pockets of older historic homes near downtown and newer townhome and condo infill near transit and Fashion Place.
Commute times from Murray
| Destination | Drive time | Transit |
|---|---|---|
| Downtown Salt Lake City | 15 to 20 min | 20 to 25 min on TRAX or FrontRunner from Murray Central |
| Salt Lake City International Airport | 20 min | About 35 min via FrontRunner and TRAX |
| University of Utah / Research Park | 20 min | 30 to 40 min by rail and connecting TRAX |
| Silicon Slopes (Lehi / Point of the Mountain) | 25 to 35 min | FrontRunner south to Lehi, then connector |
Crime and Safety in Murray
Per FBI Uniform Crime Reporting data for 2024, Murray records roughly 4.1 violent crimes and 33.6 property crimes per 1,000 residents per year. The property figure is elevated in part by Murray's large regional retail base, including Fashion Place Mall and the surrounding big-box corridor, which draws heavy daytime traffic from across the valley and inflates counts measured against the resident population alone.
Reported incidents per 1,000 residents (lower is better)
Numbers vary block by block and are drawn from FBI Uniform Crime Reporting data for 2024, the latest available. Retail-heavy corridors carry a different profile than the residential streets a few blocks away.
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Frequently asked questions
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Is Murray a buyer's or seller's market right now?
It leans modestly toward sellers but is not overheated. Months of supply is low at 2.7 and homes close at 97.2% of list, which favors sellers, yet the 61 average days on market gives buyers time to inspect and negotiate. In practice it is a tight, balanced market rather than a frenzy.
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What is the median home price in Murray?
So far in 2026 the median sale price is $525,000, up about 1% year over year, with an average sale price of $515,834 across 233 homes sold.
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How many homes are for sale in Murray?
There are about 138 active listings, which pencils out to roughly 2.7 months of supply at the current pace of sales.
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How long do homes take to sell?
The average is about 61 days on market year to date, with a 97.2% sale-to-list ratio, so well-prepared and correctly priced homes still move while overpriced ones sit.
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What are property taxes like?
Utah gives primary residences a 45% exemption, so the effective rate on an owner-occupied home is about 0.6%. On Murray's $525,000 median that is roughly $3,150 a year. A second home or rental is taxed on the full value and runs higher.
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What income do I need to buy the median home?
On a $525,000 home with 20% down at about 6.8%, principal, interest, taxes, and insurance run roughly $3,100 a month, which generally calls for a household income around $130,000. This is an illustrative estimate, not a lending offer.
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Murray Real Estate
Buying or selling in Murray?
Whether you want to search homes or find out what yours is worth, the Kris Bowen Real Estate Group works this city every week. Reach out and we will run the in-person comps, with data on your side.
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