Market Intelligence Report — KY-660

Murray, KY

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

Ref. No: 2026-KY-08
As of the latest 2026 data
Stabilizing

Median Listing

$340K
-6.9% YoY

Pending Ratio

0.47
+14.1% YoY

Active Inventory

99
+3.1% YoY

Median DOM

58 Days
+1.8% YoY

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The Murray, KY market is currently stabilizing, characterized by a pending ratio of 0.47, indicating a relatively balanced demand absorption against available inventory. Despite this, median listing prices have declined by 6.9% year-over-year, alongside a 2.2% month-over-month decrease.

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.

Active listings have experienced a modest 3.1% year-over-year increase, while new listings saw a more substantial contraction of 16.7% over the same period. The pending ratio has risen by 14.1% year-over-year from a lower base, reflecting an uptick in buyer engagement relative to prior periods. However, the median listing price has demonstrated a notable year-over-year decline of 6.9%.

Historical Analysis

Market Trends

Median Price

$340K-2.2% MoM

Active Inventory

99+3.1% YoY

Days on Market

58+1.8% YoY

Sold Score™

60+14.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

60
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

With a pending ratio of 0.47 and modest inventory growth, the market suggests a period of more balanced leverage. The moderate pace of demand absorption indicates that prospective buyers may encounter fewer intense bidding scenarios, while inventory levels do not exert significant upward pressure on pricing. Price discipline remains relevant as median listing prices have softened year-over-year.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

99 active listings represent the current floor, with new supply arriving at roughly 40 per month.

Pricing Pressure
24.4%

of active listings carry a price reduction, -2.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +9.3% year-over-year.

Absorption
0.47

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Murray, KY? Buyer Demand Index is running at 47%.

Murray, KY is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
47%
Median Days on Market
58 days
Inventory YoY
+3%

Murray, KY is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Murray, KY
CBSA Code
34660
State
KY