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Is Murray, IA 50174 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Murray is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list89.3%Sold price ÷ list price
Median days on market72Listing to accepted offer
Median price per sq ft$122▲ +19.3% vs. last year

The Murray housing market right now

In the three months ending August 31, 2026, 0% of homes in Murray, IA 50174 sold above their list price, the typical home went under contract in 72 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (23 days then) and the median sale price rose 76% to $197,914. Overall, Murray is less competitive than a year ago, which gives buyers more room.

Run the numbers for 50174

Prefilled for 50174Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50174Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Osceola 50213Seller’s market $115 /sq ftWeldon 50264 — /sq ftWoodburn 50275 — /sq ft Browse all markets →

Towns like Murray nearby

Find towns like Murray in other states →
Afton, IA50830 · 13 miles away74% similarolder residents · 10 min shorter commute Leon, IA50144 · 23 miles away62% similarlarger · older residents Mount Ayr, IA50854 · 27 miles away61% similarpricier homes ($29K more) · larger De Soto, IA50069 · 34 miles away57% similarhigher income ($31K more) · pricier homes ($100K more)

Where Murray is

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Questions about Murray real estate

Is Murray a buyer’s or seller’s market?

A balanced market: there were 5.3 months of supply in Murray, IA 50174 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 72 days in the latest three months.

Do homes in Murray sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 89.3% of the list price.

What are property taxes in Murray?

About 1.60% of a home’s value a year in Clarke County, or roughly $6,400 on a $400,000 home.

What is the median home price in Murray?

The median sale price was $197,914 in the three months ending August 31, 2026, about $122 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