Is Murray, KY 42071 a buyer’s or seller’s market?
Murray is a seller’s market. With about 3.2 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 31% of U.S. ZIP codes, and #94 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Murray housing market right now
In the three months ending August 31, 2026, 17% of homes in Murray, KY 42071 sold above their list price, the typical home went under contract in 53 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 105 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold about as fast and the median sale price rose 17% to $274,881. Overall, Murray is about as competitive as it was a year ago.
Within Calloway County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Murray ranks #94 of 160 KY ZIP codes with enough sales (score 34 out of 100).
Nearby, buyers who want less competition could look at New Concord 42076 (0% sold over asking) or Kirksey 42054 (0% sold over asking).
Run the numbers for 42071
Nearby markets
Almo 42020Balanced $157 /sq ftDexter 42036Seller’s market $147 /sq ftHazel 42049Buyer’s market $75 /sq ftKirksey 42054Seller’s market $129 /sq ft Browse all markets →Towns like Murray nearby
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Questions about Murray real estate
Is Murray a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Murray, KY 42071 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Murray?
The typical home went under contract in 53 days in the latest three months.
Do homes in Murray sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.
What are property taxes in Murray?
About 0.65% of a home’s value a year in Calloway County, or roughly $2,600 on a $400,000 home.
What is the median home price in Murray?
The median sale price was $274,881 in the three months ending August 31, 2026, about $151 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology