The housing market in Murray, IA is thriving. According to recent data, the median value of a house in Murray is $118,400, which is significantly lower than the national median value of $338,100. Furthermore, the appreciation rate for houses in Murray over the past year has been 10.80%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that the housing market in Murray is strong and is an attractive option for those looking to purchase or invest in property.
The median home cost in Murray is $118,400. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Murray is up 16.4%.
Average Age of Homes
- The median age of Murray real estate is 64 years old
The Rental Market in Murray
- Renters make up 16.8% of the Murray population
- 0.0% of houses and apartments in Murray, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.