Market Report

Murray, UT · 84107

What homes have been selling for in Murray ZIP 84107 over the last 12 months. Based on 392 closed sales. Updated May 18, 2026.

What’s happening

Reading the latest sales…

Typical sale price

$500k

+7.2%vs last year

Days to sell

61 days

+10.5dvs last year

Homes sold (12 mo.)

392

Right now in Murray 84107

How homes are moving in this area, based on the latest 12 months of closed sales.

Days on market

61 days

Homes taking longer

Listings are sitting on the market longer than usual - buyers have time to evaluate.

List-to-sale price

96%

Room to negotiate

Buyers commonly close below original list price after negotiation.

Months of inventory

5.2 mo

Balanced market

Supply and demand are roughly in line - both sides have room to negotiate.

Recently sold nearby

The 8 most recent closings that look like your home. What similar properties actually sold for is the strongest anchor for what buyers will pay now - and where you should price to move.

Buy vs Rent in 84107

Renting tends to outpace buying over the next 15 years at today's prices and rates.

If you buy

$3,536/mo

If you rent

$1,387/mo

Assumes 20% down, 7% mortgage, 3.5% appreciation, 4% rent growth, 5% investment return on the alternative. Includes property tax, insurance, maintenance, and 8% selling costs at exit. Talk to an agent for your specific numbers.

Long-term market change

Typical home value (5-year window) with month-over-month change.

+16.1%

since Jun 2021

Biggest jump Mar 2022 (+2.6%) · Biggest drop Sep 2022 (-1.5%)

Value in Jun 2021

$436k

Peak (Jun 2022)

$520k

Today

$506k

Activity by month

Average homes sold and new listings hitting the market each calendar month, pooled across all years.

Most sales in Jun · Most new listings in Jul

When homes sell fastest

Average days to sell by month, pooled across every year. Lower = faster.

May fastest · Feb slowest

Neighborhood Demographics · 84107

Population

37,548

Median Income

$73,469

Median Home Value

$426,000

Median Rent

$1,387

3.9% gross yield

Homeownership

47.2%

7,725 own · 8,638 rent

Housing Units

17,287

5.3% vacant

College Educated

38%

Bachelor's or higher

Median Age

35

10.2% poverty rate

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

Other Utah markets

Nearby ZIPs in Murray and other high-activity areas.

See all

Saratoga Springs · 84045

1,602 sold · $490k median

Eagle Mountain · 84005

1,365 sold · $500k median

Herriman · 84096

1,209 sold · $578k median

Tooele · 84074

1,019 sold · $450k median

Ogden · 84404

927 sold · $415k median

Lehi · 84043

926 sold · $585k median

South Jordan · 84009

886 sold · $592k median

Clearfield · 84015

774 sold · $450k median

Washington · 84780

755 sold · $525k median

Ogden · 84401

747 sold · $460k median

West Jordan · 84081

716 sold · $565k median

American Fork · 84003

682 sold · $563k median

Synapse Realty
SearchBuySellInvestRentLearnToolsTeamBook a Call
Synapse Realty

We show you the data behind every decision, so you never buy, sell, or invest blind.

License #7556837 - CN00

Brokered by Selling Salt Lake

© 2026 Synapse RealtyPowered by Rocco CRM
Privacy PolicyTerms of Use
Agent Login
© 2026 Synapse Realty·Powered by Rocco CRM
Privacy PolicyTerms of UseAgent Login