Murray County, MN Housing

The housing market in Murray, MN County is showing strong appreciation and is significantly lower than the US median housing value. The median value for a house in Murray, MN County is $168,900 while the US median value is $338,100. In the last year, the US has seen an appreciation of 8.27% while Murray, MN County has experienced a 11.33% increase in housing values. This indicates that investing in real estate in Murray, MN County could be a wise decision due to the potential for appreciation and much lower prices compared to other areas of the country.

The median home cost in Murray County is $168,900. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Murray County is up 14.7%.

Average Age of Homes

- The median age of Murray County real estate is 57 years old

The Rental Market in Murray County

- Renters make up 14.7% of the Murray County population
- 1.6% of houses and apartments in Murray County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Murray, Minnesota	United States
	4,403.0	139,647,020.0
	57	42
	$168,900	$338,100
	14.7%	16.6%
	49.9%	57.0%
	74.6%	101.1%
	$7.35	$10.98
	$1,109	$2,690
	64.9%	57.4%
	21.9%	11.2%
	13.2%	31.4%
Vacant Housing
	1.6%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.5%	0.4%
	12.0%	3.6%
	7.1%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	8.0%	2.4%
	7.5%	2.8%
	9.0%	3.9%
	8.4%	4.5%
	14.6%	11.3%
	18.0%	13.0%
	16.3%	20.1%
	7.3%	13.6%
	3.3%	8.3%
	2.8%	9.7%
	2.0%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	8.3%	13.6%
	8.3%	13.6%
	10.9%	13.6%
	8.2%	13.2%
	12.6%	14.8%
	10.9%	13.6%
	10.4%	10.0%
	7.9%	4.7%
	27.5%	12.2%

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