Murray, KY Housing Market

Murray, KY's median home value is $169K, down 27.1% over the past year. Homes here sell in a median 65 days. Its PropertyIQ Score of 1 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

The Murray, KY metropolitan area represents a distinct segment of KY's housing landscape. The PropertyIQ Score combines price momentum — how Zillow home values have trended over the past 3 and 12 months — with market-flow signals from Realtor.com that track how fast homes sell and how often sellers cut prices. The result is a single measure of how this market is positioned to outperform or lag its state over the next three years.

Southeastern markets benefit from manufacturing investment, logistics infrastructure, and relative affordability compared to national averages. The region's population growth — driven by both domestic migration and natural increase — supports sustained housing demand across metro and suburban areas. Within the Southeast, Murray, KY's PropertyIQ Score of 1 runs below the Southeast norm.

Each month, PropertyIQ updates its score for Murray, KY using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state.

Explore the interactive map to see how Murray, KY compares to neighboring metros, or view the full market dashboard for detailed analytics including time-series trends, score breakdowns, and AI-generated market reports.