Living in Murray, IA
Murray, IA, is a quaint town known for its friendly community and agricultural roots. With access to outdoor activities and a peaceful environment, it is perfect for families and those looking for a quiet lifestyle. Enjoy local amenities while being within reach of larger cities for additional services.
Current Market Conditions in Murray, IA
The real estate market in Murray, IA, remains stable, with a mix of older homes and new constructions available. The average home price has seen a slight increase over the last year, indicating growing interest in the area as more people seek rural living. Due to its lower cost of living compared to larger urban centers, Murray is attracting first-time homebuyers and retirees alike.
Recent trends show that more families are moving to Murray in search of a quieter lifestyle, and this is reflected in the steady keyword searches for homes in the area. The market is competitive but offers opportunities for buyers willing to invest in this serene environment.
Home Value Estimator For Murray, IA
There are currently 371 real estate properties
in Murray, IA,
with a median automated valuation model (AVM) price
of $146,132.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Murray, IA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Murray, IA,
is $175,529.00, with the most expensive house
in Murray, IA, topping out
at $1,266,686.00 and the cheapest home
in Murray, IA,
clocking in at $21,790.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Murray, IA!
Rent Prices
In Murray, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Murray, IA, is on
a rollercoaster ride. The
average rent price in Murray, IA,
is $1,141.00. Indeed, when looking to rent in
Murray, IA, you can expect to pay as little
as $790.00 or as much
as $1,980.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Murray, IA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
