$2,719 Closing Credit*
$229,000
1,468 SqFt
2 Beds
•2 Full Baths
Jamie Blankenship, Listing Office: Blankenship Real Estate
Is West Murray, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, West Murray was a Seller's Market.
Key Takeaway
West Murray is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Murray, OK
How much do homes in West Murray, OK cost?
Median Sold Price
$195,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$25,000(-11.4%)
Key Takeaway
Homes in West Murray have sold for 11.4% less than they did a year ago.
Summary: The median home sold price in West Murray was $195,000 in October 2024, down 11.4% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $81K | -80.9% |
| 2 Bedrooms | $147.5K | $84K | -43.1% |
| 3 Bedrooms | $220K | $216K | -1.8% |
| 4 Bedrooms | $420.7K | $245K | -41.8% |
| 5+ Bedrooms | - | $120K | N/A |
Summary: West Murray housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 80.9%, 2 bedroom homes decreased by 43.1%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 41.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Davis | $165K | $210K | +27.3% |
| East Murray | $152.5K | $160.5K | +5.2% |
| West Murray | $220K | $195K | -11.4% |
Housing Supply in West Murray, OK
How many homes are available in West Murray, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 32 | 0.0% |
Summary: The West Murray real estate market had 32 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The West Murray housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Murray, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in West Murray in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for West Murray, OK
How long does it take to sell a home in West Murray, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 98 Days | 114 Days | +16.0% |
Summary: Homes in West Murray had an average of 114 days on market in Oct 2024, up by 16% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in West Murray are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in West Murray; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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