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Foreclosure Homes in Murray, IA

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Murray, IA Foreclosures

Current Market Conditions in in Murray, IA As of February 2026?
In the past month, the Murray real estate market has seen a modest increase in activity, with a few more homes being listed for sale. Buyers have shown a renewed interest in the area, perhaps driven by favorable interest rates and a desire for homes with more space due to ongoing shifts in remote work. The competition remains moderate, and homes priced appropriately are receiving offers within a reasonable timeframe.
How much do homes sell for in Murray, IA?
The average home price is currently $214,630.
In Murray, IA, how many homes are available?
There are currently 32 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 $6,962,009.
What is currently the cheapest priced home in Murray, IA?
The cheapest home for sale in Murray is priced at $21,486.

Living in Murray, IA

Murray, IA is a quaint rural town that offers a peaceful lifestyle and a strong sense of community. Residents appreciate the scenic beauty and friendly atmosphere, making it an ideal place for families and individuals looking for a slower pace of life. Though small, Murray hosts events and amenities that cater to diverse interests.

Buyer vs Seller Market in Murray, IA

The real estate market in Murray, IA is currently stable, with a steady demand for homes and a limited inventory. Home prices have seen a slight increase over the past year, reflecting the appeal of the area for those seeking a quiet and affordable place to live.

Many buyers are attracted to Murray due to its small-town charm and family-friendly environment. This trend indicates a consistent interest from both local buyers and those relocating from urban areas seeking more spacious living options.

Home Value Estimator For Murray, IA

There are currently 590 real estate properties in Murray, IA, with a median automated valuation model (AVM) price of $154,535.00. 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 $214,630.00, with the most expensive house in Murray, IA, topping out at $6,962,009.00 and the cheapest home in Murray, IA, clocking in at $21,486.00. 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.

Murray, IA Foreclosures

Market Trend for Murray, IA

Total Listings Available: 32

Market Values:

Home Prices from $21,486 to $6,962,009

Average Sales Price: $214,630

Rental Values:

Rental from $790 to $1,980

Average Rent Value: $1,149 / month

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