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Foreclosure Homes in Murray, KY 42071

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Murray, KY Foreclosures

Current Market Conditions in in Murray, KY As of February 2026?
Over the past month, the Murray real estate market has shown signs of appreciation, with home prices rising approximately 2% compared to the previous month. This increase is driven by an uptick in buyer interest, particularly for properties located close to the university and recreational areas. The average time on the market has decreased slightly, indicating faster sales and a growing confidence among homebuyers. Buyers are encouraged to act quickly, as desirable listings are selling within days of hitting the market.
How much do homes sell for in Murray, KY?
The average home price is currently $250,934.
In Murray, KY, how many homes are available?
There are currently 29 active home listings available in Murray.
What’s the average rental cost in Murray, KY?
The average rental price in Murray is $1,047.
What is the most expensive home in Murray?
The most expensive home sold in Murray had a price of $30,786,195.
What is currently the cheapest priced home in Murray, KY?
The cheapest home for sale in Murray is priced at $3,506.

Living in Murray, KY

Murray, KY is a quaint town known for its friendly community, beautiful parks, and educational opportunities. It is home to Murray State University, which adds a youthful vibe and cultural diversity to the area. With access to outdoor activities and a charming downtown, it's an ideal place for those seeking a small-town lifestyle.

Buyer vs Seller Market in Murray, KY

The real estate market in Murray, KY is currently stable, with home prices steadily increasing due to the town's desirability and low inventory. Many buyers are drawn to the area for its schools and community amenities, which has led to a moderately competitive market.

In recent trends, single-family homes are particularly sought after, but there's also a demand for rental properties as the student population from Murray State University continues to rise, creating opportunities for investors.

Home Value Estimator For Murray, KY

There are currently 10,769 real estate properties in Murray, KY, with a median automated valuation model (AVM) price of $202,435.00. 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, KY, 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, KY, is $250,934.00, with the most expensive house in Murray, KY, topping out at $30,786,195.00 and the cheapest home in Murray, KY, clocking in at $3,506.00. In other words, there’s something for every potential homebuyer or savvy investor in Murray, KY!

Rent Prices In Murray, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Murray, KY, is on a rollercoaster ride. The average rent price in Murray, KY, is $1,047.00. Indeed, when looking to rent in Murray, KY, you can expect to pay as little as $450.00 or as much as $2,000.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Murray, KY -- 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, KY 42071 Foreclosures

Market Trend for Murray, KY

Total Listings Available: 29

Market Values:

Home Prices from $3,506 to $30,786,195

Average Sales Price: $250,934

Rental Values:

Rental from $450 to $2,000

Average Rent Value: $1,047 / month

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