Murray, Utah Guide
Beck Team Real Estate - Salt Lake - Park City
Murray Homes for Sale and Insider Real Estate Guide
Discover the Charm of Murray, Utah: A Perfect Blend of Community and Convenience
Situated in the heart of Salt Lake County, the city of Murray offers a unique combination of small-town charm and big-city convenience. Known for its central location, abundant amenities, and welcoming community, Murray is a favorite location for both homebuyers and sellers looking for opportunities in the Salt Lake City metropolitan area.
Amenities That Cater to Every Lifestyle
Murray prides itself on providing a wide range of amenities. Outdoor enthusiasts will love the city’s many parks, especially Murray Park, with its walking trails, picnic areas, pickleball courts and an amphitheater that hosts local events. The city also boasts an impressive recreation center, ice-skating arena, and swimming pools, making it easy to stay active year-round.
For shopping and dining, Fashion Place Mall is a premier location, offering an array of high-end retailers, popular restaurants, and local boutiques. Healthcare needs are also well-covered, with the Trauma 1 Intermountain Medical Center conveniently located within the city.
Diverse Housing Options
Murray offers a diverse selection of housing options that cater to different needs and budgets. From charming single-family homes on tree-lined streets to modern condos and apartments, there’s something for everyone. The real estate market here is dynamic yet still approachable, making it an attractive area for first-time buyers, growing families, and retirees alike.
In addition, many homes in Murray sit on spacious lots and enjoy well established landscaping, adding to the suburban appeal. The city’s mix of historic neighborhoods and new developments ensures buyers have a wide range of architectural styles to choose from.
Welcoming Demographics
Murray’s population is as diverse as its housing market. With a mix of young professionals, families, and retirees, the community is vibrant and inclusive. The city values education and is served by the reputable Murray School District, making it a great place to raise children.
Why Choose Murray?
Living in Murray has many advantages. In addition to everything Murray has to offer within its city limits, its central location means easy access to major highways, public transit options like TRAX, and proximity to Salt Lake City’s cultural and business hubs. Despite being close to everything, Murray retains a peaceful suburban atmosphere that feels set apart from the hustle and bustle of urban life.
Whether you’re buying or selling, Murray offers a blend of community, convenience, and charm. It’s a place where you can truly feel at home while enjoying all the benefits of modern living. If you’re ready to make a move, let’s start your journey into Murray today!
We have spent almost our entire lives living in the Salt Lake Valley – we know and LOVE the city of Murray. So if you are thinking of buying or selling a home here – we can help you! Taking into account the area’s popularity and demand, buying or selling can be intimidating. Our experience can guide you to stress-free success!
For professional and personalized advice on buying or selling in Murray, contact Jennifer, Erin or Phil with The Beck Team, one of the Salt Lake Valley's best Realtor teams.
The overview below shows real estate activity from January 2025 to April 2025. You will see data comparisons between April and the previous month, the last three months and April 2024.
Average & Median Sales Price
The median sales price in April 2025 was $498,900, down -2.83% from $513,438 from the previous month and -2.18% lower than $510,000 from April 2024. The April 2025 median sales price was at a mid level compared to April 2024 and 2023. The average sales price in April 2025 was $527,568, up 5.63% from $499,437 from the previous month and 8.23% higher than $487,459 from April 2024. The April 2025 average sale price was at its highest level compared to April 2024 and 2023.
Sales Price / List Price Ratio
The sales price/list price ratio is the average sale price divided by the average list price for sold properties expressed as a percentage. If it is above 100%, homes are selling for more than the list price. If it is less than 100%, homes are selling for less than the list price.The April 2025 sales price/list price ratio was 99.47%, equal to the previous month and equal to April 2024.
Number of Properties Sold & Absorption Rate
The number of properties sold in April 2025 was 45, down -6.25% from 48 from the previous month and 66.67% higher than 27 from April 2024. The April 2025 sales were at its highest level compared to April 2024 and 2023. Absorption rate is the avg number of sales per month divided by the total number of available properties.
Average Days on Market
The average days on market (DOM) is the number of days a property is on the market before it sells. An upward trend in DOM tends to indicate a move towards a buyer's market, a downward trend tends to indicate a move towards seller's market. The DOM for April 2025 was 29 days, down -39.58% from 48 days from the previous month and -38.30% lower than 47 days from April 2024. The April 2025 DOM was at its lowest level compared with April 2024 and 2023.
Average Sales Price per Square Foot
The average sales price per square foot is a more normalized indicator for the direction of property value. The sales price per square foot in April 2025 was $278, up 3.73% from $268 from the previous month and equal to April 2024.
Inventory & MSI (Months Supply of Inventory)
The number of properties for sale in April 2025 was 148, up 5.71% from 140 from the previous month and 54.17% higher than 96 from April 2024. The April 2025 inventory was at its highest level compared with April 2024 and 2023. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2025 MSI of 3.29 months was at a mid level compared with April 2024 and 2023.
New Listings
The number of new listings in April 2025 was 69, up 1.47% from 68 from the previous month and 13.11% higher than 61 from April 2024. The April 2025 listings were at its highest level compared to April 2024 and 2023.
*The data above is for the city of Murray. The data in the chart below also is for the city of Murray.
Historical Data by Year (YTD) - Median Sales Price and Number of Homes Sold
- Murray homes are centrally located in the middle of the Salt Lake Valley, close to many cultural and entertainment options, including Desert Star Playhouse.
- The Intermountain Medical Center, the flagship hospital of Intermountain Healthcare is right in the heart of Murray, providing excellent medical care and many high paying jobs.
- Fashion Place Mall, a lifestyle center in Murray, and other commercial centers provide an excellent tax base, which helps keep property taxes lower for residents.
- Commuting is easy, with excellent freeway access.
- Murray home sizes range from very small 500 square feet condos, to large homes with 6000+ square feet.
- Lot sizes for homes are typically from .10 to .50 acres. Most single-family homes are on about .10-.25 acre lots.
- Prices for homes and condos in the Avenues range widely from the $230,000s to up to around $2,000,000.
- Murray homes are part of the Murray School District.
Single Family Homes in Murray
Single-family homes are freestanding homes built with the intention of housing one family without attachment to another unit. This type of residence provides a distinct sense of privacy and autonomy, distinguishing it from multi-family dwellings like apartments, condominiums or townhomes. In Murray, single-family homes make up much of the area with the majority of them ranging in size from under 1,000 to over 6,000 square feet, on lots from .10 to .66 acres, with anywhere from 2 to 6 bedrooms.
Luxury Homes in Murray
Luxury homes are any high-end condo, townhome, or single-family home. They are characterized by expansive living spaces and high-end amenities, often situated on sizable, meticulously landscaped lots or in exclusive, sought-after locations. These homes prioritize exclusivity, privacy, and personalized experiences, reflecting a refined aesthetic and catering to a discerning lifestyle. Generally, these homes must be above a certain price threshold to be classified as luxury when listed on the market. In Murray, there are few homes that sell for more than 1 million. These luxury homes typically are on the larger end of the size range with 4,000 to around 6,000 square feet and most have 4+ bedrooms.
Condos and Townhomes in Murray
Condos and Townhomes are individual housing units built as communities either in one building structure enclosing multiple units or as horizontally connected homes, all with the intention of housing one family within each unit. Typically, owners hold title to their specific unit and a shared interest in the common elements, managed by a homeowner's association (HOA). In Murray, about half of the homes that sell are condos, townhomes or twin homes. Most condos and townhomes range in size from 500 to over 3,000 square feet. Also, there are currently new home builders constructing townhomes in Murray.
New Construction in Murray
New Construction homes are newly built and purchased directly from the builder or developer. New homes in Murray range from small townhomes priced around $500,000 with 2 bedrooms and 2 and 1/2 bathrooms, to larger homes with over 3,500 square feet and priced over 800,000.
Multi-Family Homes and Investment Properties in Murray
Multi-family or multi-unit homes are freestanding homes containing more than one unit built with the intention of housing multiple families within a single building or complex. This category encompasses a range of structures, from duplexes and townhomes to apartment buildings and condominiums.
The Beck Team are Murray Real Estate Experts. We bring you extensive expertise and deep knowledge about Murray. If you want the best Realtor representation as a buyer or seller, Please contact us! We would be happy to show you any homes, condos, or townhomes on your list, or provide more information about properties that could be a fit for you!
Demographics & Quality of Life
- The city of Murray has a population of around 49,553, living in about 20,401 households.
- Murray is located in parts of the 84107, 84117, 84121, and 84123 zip codes
- Median Age of residents is 38
- Almost 25% have a Bachelor's Degree
- Median Household Income is $81,693
- Commute time: 30.6% of the residents commute for less than 15 minutes, 49.1% commute for 15-30 minutes.
- 65% own their home, 35% rent
- Median age of homes is 43 years.
- Murray receives an average of 16 inches of rain and 45.4 inches of snow annually. Each year there are an average 113 days of full sun.
- Average low/high temperatures are 20/36 in January and 65/95 in June
*Demographic data is sourced from NARRPR and the US Census. Information is deemed reliable, but not guaranteed.
Murray Schools
Murray School District is located in and covers the city of Murray. The district serves over 6,000 students in 10 schools, Murray High School, Hillcrest and Riverview Junior High Schools, and seven elementary schools, Granite, Horizon, Liberty, Longview, McMillan, Parkside, and Viewmont. These seven elementary schools average around 22 students per classroom. Most of the teachers in the Murray School District have 7+ years of experience
To receive an updated list of all Murray homes for sale located within the boundaries to any specific public school, please send an email to The Beck Team at thebecks@utahspot.com with the school, property preferences and your budget, or call / text 801-455-6020.
Note: For more detailed information on specific schools zoned to different Salt Lake areas, please email us! We are happy to help.
Note: School zoning tends to change from year to year. The information provided above is accurate but not guaranteed. Please double-check by visiting the school district's and individual school's websites.
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Top Murray Realtors - The Beck Team
Jenn Beck, Erin Beck, and Phil Beck are the Realtors that make up The Beck Team.
If you are looking for the most experienced, professional representation for Murray, The Beck Team are the best real estate agents for you. Please email us, or call / text us at 801-455-6020 if you would like to see any homes, or to learn more about properties that could be a fit for you!
The Beck Team - Coldwell Banker Realty - Salt Lake Realtors
2180 S 1300 E, #140 - Salt Lake City, Ut 84106 - Jenn 801-455-6020 - Erin 801-518-0226
Jenn Lic# 5481978-AB00 - Erin Lic# 11471256-SA00 - Phil Lic# 5465802-AB00
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