Market Intelligence Report — KY-660

Murray, KY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-KY-05
As of the latest 2026 data
Cooling

Median Listing

$365K
+1.1% YoY

Pending Ratio

0.49
-9.8% YoY

Active Inventory

96
+20.0% YoY

Median DOM

65 Days
+51.2% YoY

Primary Intelligence Tool — Sold Score™

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The Murray housing market is currently exhibiting cooling conditions, primarily driven by a pending ratio of 0.49. Active listings have increased by 20.0% year-over-year, indicating a substantial influx of available properties.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Murray market right now.

Demand absorption, as indicated by the pending ratio, has declined by 9.8% over the past year. Concurrently, new listings saw a 22.2% year-over-year increase, contributing to a more ample supply. Median days on market have extended to 65, representing a 51.2% increase from the prior year, suggesting properties are taking longer to move. The share of price reductions has also increased by 4.2% year-over-year.

Historical Analysis

Market Trends

Median Price

$365K+0.0% MoM

Active Inventory

96+20.0% YoY

Days on Market

65+51.2% YoY

Sold Score™

39-9.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

39
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In this environment, buyers are encountering an attenuated pace of sales and increased inventory. The expansion of average days on market and the rise in price reductions suggest that sellers may need to exercise greater price discipline to secure transactions. Negotiating leverage is shifting as supply continues to build relative to demand.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

96 active listings represent the current floor, with new supply arriving at roughly 44 per month.

Pricing Pressure
22.3%

of active listings carry a price reduction, +4.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +8.6% year-over-year.

Absorption
0.49

Pending-to-active ratio — Cooling.

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Metro Demographics

Metro Area
Murray, KY
CBSA Code
34660
State
KY