Real Estate Price Maphome prices by county

Murray County, MN home prices

Murray County, MN: the typical home is worth $253,382 as of 2026-05, up +13.1% over the past year and n/a since 2000. Listings run about $120/sq ft. Rent…

Data as of · by the Real Estate Price Map data team · methodology & sources

Murray County is accelerating and undervalued — very affordable for what people here earn.

Momentum+13.1%Heating up
Valuation-10%Undervalued
Affordability9/10Very affordable
Market53 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1996: $96,005 → 2026: $253,382 (2.6×) pre-2000 estimated via FHFA index

Typical value$253,3822026-05
1-year+13.1%
5-year+47.1%
10-year+78.4%
Since 2000n/a
Population8,0442024
Median income$74,8012023 · 3.4× income
New homes/yr222024
Price / sq ft$120listings
Days on market532026-06
Active listings312026-06
Price cuts12%of listings

Market read

At $253,382, homes in Murray County sit 7% below the Minnesota median ($272,151) and 8% above the US median ($233,954). That ranks #51 of 87 Minnesota counties by price.

Prices are climbing fast (+13.1% in the last year) — a seller's market.

Homes here move at a steady pace — a median 53 days on the market, with 12% of listings cutting their asking price.

At 3.4× local income, that's more affordable than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Nobles County, MN ($243,644) · Pipestone County, MN ($203,782) · Lyon County, MN ($222,155) · Cottonwood County, MN ($163,770) · Rock County, MN ($270,448) · Redwood County, MN ($185,417)

Frequently asked questions

What is the average home price in Murray County, MN?
The typical home in Murray County is worth $253,382 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Murray County rising or falling?
Prices are up +13.1% over the past year and n/a since 2000 — a seller's market.
Is Murray County affordable?
At 3.4× the local median income of $74,801, Murray County is more affordable than the typical US county.
How fast do homes sell in Murray County?
Homes here take a median of 53 days to sell, with 12% of listings cutting their asking price.
Median home value by year
YearMedian home value
2012$113,535
2013$120,507
2014$129,014
2015$135,172
2016$142,005
2017$140,870
2018$148,173
2019$153,433
2020$160,103
2021$172,280
2022$205,541
2023$204,927
2024$213,024
2025$223,975
2026$253,382