If you’re considering selling a home in Murray, the first thing worth knowing is what the local market looks like on its own, independent of which listing path or brokerage you eventually choose. This brief covers prices, schools, transit, neighborhoods, and recent demand patterns. It’s general educational information; for pricing your specific home, work with a Utah-licensed agent who can pull comparable sales for your block.
What’s the median home price in Murray, Utah?
Pricing varies meaningfully by neighborhood and home type:
- Older established streets near Murray Park. Typically below the citywide median; mid-century single-story homes; smaller lots.
- Vine Street and central Murray. Mid-range; walkable to parks and the Murray Theater.
- East Murray near Cottonwood Heights border. Often above the citywide median; larger lots; some east-bench views.
- Newer infill near State Street. Townhomes and modern single-family product; mix of price tiers.
- High-density / TOD product near TRAX stations. Apartment-style condos and townhomes; lower entry-price tier.
A Murray-specific comp pull from your agent will refine these ranges for your block, year built, and finish level.
What’s driving buyer demand in Murray?
The most common buyer profiles for Murray listings:
- Healthcare workers. Intermountain Medical Center anchors employment for many local buyers.
- First-time buyers and downsizers. Murray’s older single-story housing fits both ends of the buying cycle.
- Commuter buyers. TRAX Blue Line and quick I-15 access put downtown Salt Lake and the Lehi tech corridor within reach.
- Investors and renters-to-owners. Murray’s older multi-family pockets and accessory dwelling units appear regularly in MLS search filters.
What are Murray’s main neighborhoods?
A rough orientation:
- Murray Park / Old Murray. Established single-family streets near the city’s central park and library.
- Vine Street area. Walkable, mature trees, mix of original and renovated homes.
- East Murray. Larger lots; bench views in some pockets; higher median price tier.
- West Murray. Mid-range pricing; closer to State Street and the commercial corridor.
- Murray Crossings and similar newer developments. Higher-density townhomes and condos near transit.
Pricing strategy varies meaningfully across these. A first-time buyer searching central Murray often isn’t the same buyer searching east Murray.
How are Murray schools rated?
The Murray City School District website publishes current school boundary maps. Because Murray is a small district, the assigned school is usually one of the first questions buyers ask. Listings sometimes name the school explicitly in MLS remarks for that reason.
What’s transit and commute access like?
The TRAX presence is one of Murray’s distinguishing characteristics among mid-county submarkets. Murray Central station also serves as a major transit hub with both TRAX and FrontRunner commuter rail, which extends reach to Davis and Weber counties.
What’s the current inventory and time-on-market picture?
Seasonal patterns largely mirror Salt Lake County overall:
- Spring (March to June). Most active period; most listings; quickest contract pace.
- Summer (July to August). Family-buyer activity peaks ahead of the school year.
- Fall (September to November). Activity tapers; price negotiation strengthens for buyers.
- Winter (December to February). Lowest listing volume; serious buyers persist.
For Murray, pricing right at list — not testing the market high — is consistently the biggest factor in time-on-market. Murray’s median price tier is sensitive to interest-rate movement; small payment increases shift the eligible buyer pool noticeably.
What costs do Murray sellers typically pay?
The composition depends on the listing path chosen:
- Percentage-commission listing. Listing-side fee is typically around 3% of sale price.
- Flat-fee listing. Listing-side is a fixed dollar amount paid at closing.
- FSBO. No listing-side commission; seller handles marketing and contract directly, often with attorney support.
Buyer-agent compensation is its own line, decided by the seller in the listing agreement and disclosed through the MLS.
For an overview of common cost surprises Utah sellers run into, see Homie’s guide to hidden home-selling costs.
Frequently asked questions
What ZIP codes does Murray cover?
Murray is served primarily by 84107, 84121, and 84123.
Is Murray its own city or part of Salt Lake City?
Murray is its own incorporated city in Salt Lake County, with its own mayor, city council, and school district.
Are there HOAs in Murray?
Many newer Murray developments (townhomes and condo projects) have HOAs; older single-family streets generally don’t. HOA documents are required disclosures in a Utah sale.
Does Murray have a hospital?
Yes. Intermountain Medical Center, one of Utah’s largest hospitals, sits in central Murray and is one of the area’s primary employers.
How do I find out what my Murray home is worth right now?
Homie offers a free home value report for Murray sellers based on actual comparable sales for your specific neighborhood, year built, square footage, and finish level, not the ballpark estimates online tools give you. Get your free home value report from Homie with no commitment to list.
Murray’s pricing and demand patterns are well established; the variable for any individual sale is the home’s prep, pricing strategy, and listing path. For more on choosing a listing path, see the companion article on Utah listing fee models.
— The Homie Team
* This article is general educational information about the Murray, Utah housing market. Median prices are approximations based on publicly available data and change with market conditions; verify current figures with a Utah-licensed agent. Published by Homie, a Utah-licensed real estate brokerage; see homie.com for more.*