Murray, UT — Momentum Score, Home Values & Best-For

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Salt Lake County · Salt Lake City · population 50,817

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Murray, UT
Image: Wikipedia · Murray, Utah
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61
Stable
Momentum score · 0–100

Where Murray stands

At or near all-time high.

Median home $554,723
1-year +2.0%
5-yr CAGR +4.4%
vs 5-yr peak -1.1%
Population +0.1%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2022-06$555k$242k$356k$470k$583k201620182020202220242026

Lifestyle scores

🚶
Walkability
52/100
Somewhat walkable
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
81/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,374/mo$1,073$1,297$1,521202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent124120100120202220242026

Rent vs buy

Price-to-rent ratio: 33.6
Rent

At a 33.6 price-to-rent ratio, renting beats buying in Murray for most shorter holds. The premium you pay to own would take many years of rent savings to recoup, and that's before maintenance, taxes, and opportunity cost on the down payment.

How the momentum score breaks down

methodology →
Home YoY
60 · w22%
Home 5-yr CAGR
61 · w22%
Distance from peak
84 · w18%
Population growth
47 · w16%
Rent YoY
29 · w12%
Home 10-yr CAGR
80 · w10%
Long thesis

Murray has held up across the cycle: home values at $554,723 with +4.4% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Murray's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Murray

Murray is a city in Salt Lake County, Utah, with an estimated population of 50,817. It anchors the Salt Lake City metro area. The median home value in Murray is $554,723 as of 2026-04, up 2.0% over the last 12 months. Over the last five years, home values have averaged +4.4% annual growth, with prices at or near the 5-year peak. Rents in Murray average $1,374 per month, down 3.2% year-over-year. The composite momentum score is 61 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.

Bull case

Quiet strength: +2.0% over the trailing year — not a melt-up, but the market is bid.
Held the highs: currently -1.1% from the 5-year peak — this market refused to give back gains.

Bear case

Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Murray (Wikipedia)

Murray is a city situated on the Wasatch Front in the core of Salt Lake Valley in the U.S. state of Utah. Named for territorial governor Eli Murray, the city had a population of 50,637 as of the 2020 United States Census. Murray shares borders with Taylorsville, Holladay, South Salt Lake, Millcreek and West Jordan, Utah. Once teeming with heavy industry, Murray's industry mix has now shifted significantly toward healthcare, retail, and professional, scientific, and technical services. Known for its central location in Salt Lake County, Murray has been called the Hub of Salt Lake County.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorBrett HalesCite web
Area12.32 sq mi
Elevation4301 ft
Settled1848
Density4110.15/sq mi
Named forEli Houston Murray

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Playbook

Buyer

Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.

Seller

Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.

Investor

Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.

Local safety & alerts

No active National Weather Service alerts for Salt Lake County right now.

Public-safety links are official .gov sources, not curated by us. Salt Lake County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Murray

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
36° / 20°
avg high / low
Summer (Jul)
92° / 64°
avg high / low
Sunny days/yr
226
~62% of year
Annual precip
12″ rain
53″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Very low
Wildfire
High
Earthquake
Moderate
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Salt Lake City area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Murray listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
51%
Dry climate
Median household income
$89,100
Utah state median
Top industries (state-level)
Tech (SL Valley)HealthcareTourism

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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