Why Live in Murray
Murray is a small college town centered around Murray State University, which enrolls approximately 9,500 students. The university offers various activities, including tours of the Clara Eagle Art Gallery and football games at Roy Stewart Stadium. The Murray Independent School District is highly rated, with reading and math proficiencies exceeding state and national averages. Major employers in the area include a dairy company, a window manufacturer, and a food manufacturer. Residents often unwind at Kentucky Lake, a large manmade lake popular for boating and professional bass fishing tournaments. Housing options range from mid-century ranch styles and bungalows in the north to New Traditionals, Colonial Revivals, and Contemporaries in the south. Central Park provides a dog park, outdoor amphitheater, public pool, soccer complex, and performing arts building. Dining options are concentrated along Twelfth Street, featuring a mix of fast-food, sit-down chains, and local eateries. Entertainment is primarily found on the university campus, with NCAA Division I sports and performances at Lovett Auditorium. Murray is 120 miles from Nashville, with residents using Nashville International Airport for travel. The city has lower crime rates compared to national averages, making it a safer place to live.
Home Trends in Murray, KY
On average, homes in Murray, KY sell after 61 days on the market compared to the national average of 50 days. The median sale price for homes in Murray, KY over the last 12 months is $245,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$245,000
Median Single Family Sale Price
$260,000
Median Townhouse Sale Price
$230,000
Median 2 Bedroom Sale Price
$217,000
Average Price Per Sq Ft
$142
Number of Homes for Sale
51
Last 12 months Home Sales
295
Median List Price
$275,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-2%