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Cheap Homes in Murray, IA

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Murray, IA Foreclosures

How much do homes sell for in Murray, IA?
The average home price is currently $188,235.
In Murray, IA, how many homes are available?
There are currently 9 active home listings available in Murray.
What’s the average rental cost in Murray, IA?
The average rental price in Murray is $1,149.
What is the most expensive home in Murray?
The most expensive home sold in Murray had a price of $1,142,383.
What is currently the cheapest priced home in Murray, IA?
The cheapest home for sale in Murray is priced at $21,530.

Living in Murray, IA

Murray, Iowa is a serene small town with a warm community atmosphere, surrounded by stunning landscapes and farmland. The town offers essential amenities and educational institutions, making it suitable for families and retirees alike. Outdoor activities abound in this tranquil rural setting.

Current Market Conditions in Murray, IA

The real estate market in Murray currently shows stable prices with modest growth as more homebuyers seek the tranquility offered by small-town living. Demand remains steady, primarily fueled by families and individuals looking to escape urban environments for a peaceful rural lifestyle.

Recent trends indicate a shift toward increased interest in single-family homes, as young families and retirees are attracted to Murray's charm and affordability. With an increasing number of remote workers and those seeking a quieter life, properties are being snatched up quickly, reflecting a competitive market.

Home Value Estimator For Murray, IA

There are currently 474 real estate properties in Murray, IA, with a median automated valuation model (AVM) price of $145,317.00. 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 $188,235.00, with the most expensive house in Murray, IA, topping out at $1,142,383.00 and the cheapest home in Murray, IA, clocking in at $21,530.00. 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 $1,149.00. 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 $1,140.00. 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.

Cheap Homes in Murray, IA

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