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Murray, KY Housing

 
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As of 2010-2014, median price of a house in Murray is $129,200, which is higher than the state average of $121,600 and is lower than the national average of $175,700. The Murray median house value has grown by 53.44% since 2000. The growth rate for the price of a house in Murray is higher than the state average rate of 40.25% and is higher than the national average rate of 46.91%. The median year that a house in Murray was built is 1981, which is newer than the median year for a house built in the state which is 1978 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 2,974 Owner Occupied Houses in Murray, KY, #147
Murray, KY
129,200 USD
Kentucky
121,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #72
Murray, KY
53.44%
Kentucky
40.25%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Murray, KYKentuckyU.S.
Total Housing Units8,285, see rank, 100%1,938,836132,741,033
Occupied Housing Units7,051, 85.11%, see rank87.80%87.55%
Owner Occupied2,974, 35.90%, see rank59.42%56.34%
Renter Occupied4,077, 49.21%, see rank28.38%31.21%
Vacant Housing Units1,234, 14.89%, see rank12.20%12.45%
For Rent390, 4.71%, see rank2.04%2.34%
For Sale Only92, 1.11%, see rank1.33%1.20%
Rented or Sold, Not Occupied272, 3.28%, see rank1.59%0.92%
For Seasonal, Recreational, or Occasional Use108, 1.30%, see rank2.24%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant372, 4.49%, see rank4.97%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #78
Murray, KYKentuckyU.S.
198119781976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Murray, KY%KentuckyU.S.
Owner-Occupied Units2,974100%1,152,01274,787,460
With a Mortgage1,51250.84%, see rank60.42%65.58%
Without a Mortgage1,46249.16%, see rank39.58%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Murray, KY
1,077 USD
Kentucky
1,124 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMurray, KY%KentuckyU.S.
$299 or Less00.00%, see rank0.45%0.20%
$300 to $499493.24%, see rank4.00%1.59%
$500 to $69920113.29%, see rank10.65%5.01%
$700 to $99940726.92%, see rank24.79%14.32%
$1,000 to $1,49948632.14%, see rank34.58%27.90%
$1,500 to $1,99921714.35%, see rank14.86%20.35%
$2,000 to $2,9991127.41%, see rank8.07%19.52%
$3,000 or More402.65%, see rank2.60%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Murray, KY
20.30% of the Total Income
Kentucky
21.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Murray, KY%KentuckyU.S.
10% or Less1026.75%, see rank7.42%5.86%
10% to 20%63141.73%, see rank38.63%31.95%
20% to 30%50233.20%, see rank26.40%27.64%
30% to 40%1288.47%, see rank11.52%13.74%
40% or More1429.39%, see rank15.53%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Murray, KY
397 USD
Kentucky
336 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMurray, KY%KentuckyU.S.
$199 or Less966.57%, see rank15.39%7.76%
$200 to $29922415.32%, see rank25.19%14.70%
$300 to $49970348.08%, see rank40.30%34.63%
$500 to $69931121.27%, see rank13.29%21.16%
$700 or More1288.76%, see rank5.82%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Murray, KY
13.10% of the Total Income
Kentucky
10.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Murray, KY%KentuckyU.S.
10% or Less55137.69%, see rank45.97%40.19%
10% to 20%51835.43%, see rank30.79%31.47%
20% to 30%27418.74%, see rank10.69%12.24%
30% to 40%201.37%, see rank4.50%5.64%
40% or More926.29%, see rank6.79%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Murray, KYKentuckyU.S.
Total Housing Units8,285, 100%1,938,836132,741,033
1-unit, Detached3,916, 47.27%, see rank67.21%61.65%
1-unit, Attached188, 2.27%, see rank2.45%5.82%
2 Units554, 6.69%, see rank3.05%3.75%
3 or 4 Units880, 10.62%, see rank4.01%4.43%
5 to 9 Units1,059, 12.78%, see rank4.66%4.78%
10 or More Units1,403, 16.93%, see rank6.39%13.08%
Mobile Home, Boat, RV, Van, etc.285, 3.44%, see rank12.23%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Murray, KYKentuckyU.S.
Total Housing Units8,285, 100%1,938,836132,741,033
1 Room631, 7.62%, see rank1.31%1.95%
2 Rooms398, 4.80%, see rank1.58%2.48%
3 Rooms1,044, 12.60%, see rank6.92%9.13%
4 Rooms1,328, 16.03%, see rank16.56%16.60%
5 Rooms1,632, 19.70%, see rank22.96%20.41%
6 Rooms1,313, 15.85%, see rank19.01%18.06%
7 Rooms822, 9.92%, see rank12.52%12.27%
8 Rooms411, 4.96%, see rank8.32%8.48%
9 Rooms or More706, 8.52%, see rank10.81%10.60%
Median Rooms5.00, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Murray, KYKentuckyU.S.
Total Housing Units8,285, 100%1,938,836132,741,033
No Bedroom700, 8.45%, see rank1.42%2.17%
1 Bedroom1,632, 19.70%, see rank8.44%11.16%
2 Bedrooms1,827, 22.05%, see rank27.38%26.69%
3 Bedrooms2,840, 34.28%, see rank44.95%39.70%
4 Bedrooms1,061, 12.81%, see rank14.32%16.05%
5 or More Bedrooms225, 2.72%, see rank3.49%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Murray, KYKentuckyU.S.
Total Housing Units7,051, 100%1,702,235116,211,092
Utility Gas3,078, 43.65%, see rank38.22%48.85%
Bottled, Tank, or LP Gas67, 0.95%, see rank6.49%4.86%
Electricity3,825, 54.25%, see rank50.50%36.68%
Fuel Oil, Kerosene, etc.10, 0.14%, see rank1.03%5.86%
Coal or Coke17, 0.24%, see rank0.25%0.12%
Wood36, 0.51%, see rank2.95%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.30%0.47%
No Fuel Used18, 0.26%, see rank0.24%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMurray, KYKentuckyU.S.
Occupied Units Paying Rent3,812, 100%496,53639,201,928
$199 or Less81, 2.12%, see rank3.01%1.50%
$200 to $299166, 4.35%, see rank5.28%3.18%
$300 to $4991,419, 37.22%, see rank15.95%7.37%
$500 to $6991,188, 31.16%, see rank30.85%16.01%
$700 to $999725, 19.02%, see rank29.97%29.17%
$1,000 to $1,499120, 3.15%, see rank12.25%26.88%
$1,500 to $1,99952, 1.36%, see rank1.85%9.79%
$2,000 or More61, 1.60%, see rank0.83%6.10%
Median$525, see rank$667$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Murray, KYKentuckyU.S.
Occupied Housing Units7,051, 100%1,702,235116,211,092
No Vehicles Available773, 10.96%, see rank7.85%9.12%
1 Vehicles Available2,969, 42.11%, see rank33.49%33.80%
2 Vehicles Available2,318, 32.87%, see rank38.04%37.48%
3 or More Vehicles Available991, 14.05%, see rank20.62%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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