Murray Mortgage Rates & Closing Costs

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  • Trends
  • Rates vs. Fees
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  • Market Share
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  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Murray averaged 6.84% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 7.03% and one month ago for the week of 2024-11-07, the average rate was 6.73%.

    Murray's average rate one year ago was 7.37%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.8%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Murray 30 Year Fixed Rate 2024-12-12 6.84%
    Murray 30 Year Fixed Rate Refi 2024-12-12 6.8%
    Murray 15 Year Fixed Rate 2024-12-12 5.84%
    Murray 15 Year Fixed Rate Refi 2024-12-12 6.34%
    Murray 30 Year FHA 2024-12-12 6.48%
    Murray 30 Year FHA Refi 2024-12-12 6.38%
    Murray 30 Year USDA 2024-12-12 6.1%
    Murray 30 Year USDA Refi 2024-12-12 6.1%
    Murray 30 Year VA 2024-12-12 5.88%
    Murray 30 Year VA Refi 2024-12-12 5.88%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Murray, KY.

    Murray Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Murray, KY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    FirstTrust Home Loans, Inc. 19 6.93% $4,283
    Independence Bank of Kentucky 15 6.49% $2,111
    UNITED WHOLESALE MORTGAGE, LLC 12 7.13% $3,683
    U.S. Bank 8 7.04% $3,651
    GERSHMAN INVESTMENT CORP. 7 6.95% $3,270
    QUICKEN LOANS, LLC 6 6.91% $6,338
    CRESCENT MORTGAGE COMPANY 5 7.20% $2,963
    Magnolia Bank 4 6.88% $3,419
    Regions Bank 4 6.50% $3,455
    FIRST COMMUNITY MORTGAGE, INC. 4 7.06% $3,989
    Truist 3 6.42% $3,097
    CapStar Bank 2 6.31% $3,226
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 7.38% $6,606
    GUARANTEED RATE, INC. 2 6.71% $2,691
    CARDINAL FINANCIAL 2 6.44% $6,415
    EVERETT FINANCIAL, INC. 2 7.19% $4,862
    NAVY FEDERAL CREDIT UNION 2 7.00% $2,363
    CROSSCOUNTRY MORTGAGE, LLC 2 6.79% $6,534
    FLAT BRANCH MORTGAGE, INC. 2 6.75% $3,203
    River Valley AgCredit, ACA 2 7.53% $4,886
    PENNYMAC LOAN SERVICES, LLC 1 6.00% $3,201
    Pinnacle Bank 1 6.88% $2,453
    Renasant Bank 1 8.00% $3,925
    ROYAL UNITED MORTGAGE LLC 1 7.00% $5,988
    RUOFF MORTGAGE COMPANY, INC. 1 7.38% $3,234
    Sierra Pacific Mortgage Company, Inc. 1 6.88% $2,891
    STOCKTON MORTGAGE CORPORATION 1 7.00% $2,085
    USAA Federal Savings Bank 1 6.38% $5,471
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.99% $4,424
    21ST MORTGAGE CORPORATION 1 7.05% $7,672
    Wells Fargo Bank 1 8.13% $4,712
    Carrington Mortgage Services, LLC 1 6.75% $8,624
    CHURCHILL MORTGAGE CORPORATION 1 6.88% $3,090
    CMG MORTGAGE, INC. 1 7.99% $5,357
    Colonial Savings, F.A. 1 6.13% $4,108
    COMMUNITY MORTGAGE CORPORATION 1 7.63% $3,006
    DAS Acquisition Company, LLC 1 6.50% $3,171
    DELMAR FINANCIAL COMPANY 1 6.88% $3,594
    Discover Bank 1 6.49% $0
    EVANSVILLE TEACHERS 1 7.88% $3,764
    Farm Credit Mid-America, ACA 1 7.25% $6,475
    FirstBank 1 6.50% $3,107
    FIRST COLONY MORTGAGE CORPORATION 1 7.00% $4,205
    First Financial Bank 1 7.63% $4,507
    First Harrison Bank 1 6.00% $2,832
    First Horizon Bank 1 7.50% $3,792
    FREEDOM MORTGAGE CORPORATION 1 6.63% $15,265
    LEADERONE FINANCIAL CORPORATION 1 8.13% $7,984
    LOANDEPOT.COM, LLC 1 5.99% $4,382
    MOVEMENT MORTGAGE, LLC 1 6.99% $3,345

    Murray Average Closing Costs & Other Stats

    Murray, KY's 50 lenders originated 410 loans during 2023. The total origination value was $76,510,000, with an average loan value of $186,610.

    Murray's average closing costs are $4,217.

    The top Murray lender as defined by loan originations is FirstTrust Home Loans, Inc., with 19 loans originated. Their average total fees are $4,283, which is $2,173 higher than the next largest lender, Independence Bank of Kentucky.

    The lowest fee Murray lenders (with over 10 loans originated) are Independence Bank of Kentucky ($2,111), UNITED WHOLESALE MORTGAGE, LLC ($3,683), FirstTrust Home Loans, Inc. ($4,283), .

    The lowest rate Murray lenders (with over 10 loans originated) are Independence Bank of Kentucky (6.49%), FirstTrust Home Loans, Inc. (6.93%), UNITED WHOLESALE MORTGAGE, LLC (7.13%), .

    Murray, KY Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    FirstTrust Home Loans, Inc. $960,000 $6,480,000 575.0% 8.5%
    Independence Bank of Kentucky $6,565,000 $5,060,000 -22.9% 6.6%
    FNB Bank, Inc. $10,395,000 $5,015,000 -51.8% 6.6%
    UNITED WHOLESALE MORTGAGE, LLC $4,125,000 $4,060,000 -1.6% 5.3%
    Regions Bank $3,535,000 $3,735,000 5.7% 4.9%
    QUICKEN LOANS, LLC $7,165,000 $3,425,000 -52.2% 4.5%
    GERSHMAN INVESTMENT CORP. $2,440,000 $3,000,000 23.0% 3.9%
    U.S. Bank $8,930,000 $2,920,000 -67.3% 3.8%
    NAVY FEDERAL CREDIT UNION $1,450,000 $2,310,000 59.3% 3.0%
    Arbor Realty Trust, Inc. $2,275,000 n/a 3.0%
    Magnolia Bank $5,170,000 $2,215,000 -57.2% 2.9%
    WALKER & DUNLOP, LLC $2,175,000 n/a 2.8%
    Planters Bank, Inc. $950,000 $1,845,000 94.2% 2.4%
    Mortgage Research Center, LLC $2,785,000 $1,495,000 -46.3% 2.0%
    CRESCENT MORTGAGE COMPANY $6,365,000 $1,470,000 -76.9% 1.9%
    FREEDOM MORTGAGE CORPORATION $3,060,000 $1,440,000 -52.9% 1.9%
    Wells Fargo Bank $500,000 $1,110,000 122.0% 1.5%
    Old National Bank $1,005,000 n/a 1.3%
    Truist $3,760,000 $980,000 -73.9% 1.3%
    Carrington Mortgage Services, LLC $935,000 n/a 1.2%
    MID AMERICA MORTGAGE, INC. $1,130,000 $885,000 -21.7% 1.2%
    River Valley AgCredit, ACA $1,625,000 $805,000 -50.5% 1.1%
    LOANDEPOT.COM, LLC $1,835,000 $760,000 -58.6% 1.0%
    EVERETT FINANCIAL, INC. $360,000 $745,000 106.9% 1.0%
    STOCKTON MORTGAGE CORPORATION $1,825,000 $660,000 -63.8% 0.9%
    USAA Federal Savings Bank $910,000 $660,000 -27.5% 0.9%
    F&M Bank $985,000 $625,000 -36.5% 0.8%
    FIRST COMMUNITY MORTGAGE, INC. $360,000 $600,000 66.7% 0.8%
    VANDERBILT MORTGAGE AND FINANCE, INC. $95,000 $575,000 505.3% 0.8%
    First Financial Bank $2,330,000 $555,000 -76.2% 0.7%
    CHURCHILL MORTGAGE CORPORATION $115,000 $535,000 365.2% 0.7%
    CARDINAL FINANCIAL $495,000 n/a 0.6%
    Farm Credit Mid-America, ACA $55,000 $480,000 772.7% 0.6%
    RUOFF MORTGAGE COMPANY, INC. $470,000 n/a 0.6%
    CROSSCOUNTRY MORTGAGE, LLC $325,000 $445,000 36.9% 0.6%
    FLAT BRANCH MORTGAGE, INC. $445,000 n/a 0.6%
    AMERISAVE MORTGAGE CORPORATION $1,275,000 $435,000 -65.9% 0.6%
    POLARIS HOME FUNDING CORP. $770,000 $435,000 -43.5% 0.6%
    TRIAD FINANCIAL SERVICES, INC. $145,000 $435,000 200.0% 0.6%
    CapStar Bank $390,000 n/a 0.5%
    VILLAGE CAPITAL MORTGAGE $135,000 $390,000 188.9% 0.5%
    AMERICAN FINANCIAL NETWORK, INC. $360,000 n/a 0.5%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $440,000 $360,000 -18.2% 0.5%
    COMMUNITY BANK $355,000 n/a 0.5%
    Discover Bank $85,000 $350,000 311.8% 0.5%
    Fifth Third Bank $1,455,000 $345,000 -76.3% 0.5%
    21ST MORTGAGE CORPORATION $590,000 $335,000 -43.2% 0.4%
    PLAZA HOME MORTGAGE, INC. $335,000 n/a 0.4%
    The Paducah Bank and Trust Company $320,000 n/a 0.4%
    TOP FLITE FINANCIAL, INC. $320,000 n/a 0.4%
    LEADERONE FINANCIAL CORPORATION $295,000 n/a 0.4%
    Paramount Residential Mortgage Group, Inc. $295,000 n/a 0.4%
    PROVIDENT FUNDING ASSOCIATES, L.P. $295,000 n/a 0.4%
    The Federal Savings Bank $835,000 $285,000 -65.9% 0.4%
    LAKEVIEW LOAN SERVICING, LLC $85,000 $270,000 217.6% 0.4%
    DELMAR FINANCIAL COMPANY $265,000 n/a 0.3%
    JPMorgan Chase Bank $1,830,000 $265,000 -85.5% 0.3%
    Alliance Bank $255,000 n/a 0.3%
    First Federal Bank $255,000 n/a 0.3%
    PENTAGON FEDERAL CREDIT UNION $365,000 $255,000 -30.1% 0.3%
    Northpointe Bank $245,000 n/a 0.3%
    Barrington Bank & Trust Company, N.A. $235,000 n/a 0.3%
    ENDEAVOR CAPITAL, LLC. $215,000 n/a 0.3%
    GUARANTEED RATE, INC. $395,000 $210,000 -46.8% 0.3%
    FirstBank $270,000 $205,000 -24.1% 0.3%
    CLEARPATH LENDING $195,000 n/a 0.3%
    ENVOY MORTGAGE, LTD $195,000 n/a 0.3%
    PENNYMAC LOAN SERVICES, LLC $725,000 $195,000 -73.1% 0.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $690,000 $190,000 -72.5% 0.2%
    MOVEMENT MORTGAGE, LLC $570,000 $185,000 -67.5% 0.2%
    Pinnacle Bank $175,000 n/a 0.2%
    University Bank $175,000 n/a 0.2%
    CALCON MUTUAL MORTGAGE LLC $165,000 n/a 0.2%
    Edmonton State Bank $165,000 n/a 0.2%
    Bank of America $435,000 $155,000 -64.4% 0.2%
    COMMUNITY MORTGAGE CORPORATION $165,000 $155,000 -6.1% 0.2%
    NEW DAY FINANCIAL, LLC $390,000 $155,000 -60.3% 0.2%
    First Harrison Bank $155,000 $145,000 -6.5% 0.2%
    Prosperity Home Mortgage, LLC $145,000 n/a 0.2%
    DAS Acquisition Company, LLC $125,000 n/a 0.2%
    Renasant Bank $125,000 n/a 0.2%
    Sierra Pacific Mortgage Company, Inc. $125,000 n/a 0.2%
    CMG MORTGAGE, INC. $85,000 $115,000 35.3% 0.2%
    BROKER SOLUTIONS, INC. $310,000 $105,000 -66.1% 0.1%
    Colonial Savings, F.A. $105,000 n/a 0.1%
    FIRST COLONY MORTGAGE CORPORATION $105,000 n/a 0.1%
    NEWREZ LLC $105,000 n/a 0.1%
    First Horizon Bank $185,000 $95,000 -48.6% 0.1%
    State Bank of Waterloo $95,000 n/a 0.1%
    EVANSVILLE TEACHERS $180,000 $85,000 -52.8% 0.1%
    ROYAL UNITED MORTGAGE LLC $85,000 n/a 0.1%
    The Huntington National Bank $75,000 $75,000 0.0% 0.1%
    Centier Bank $55,000 n/a 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $55,000 n/a 0.1%
    Coastal Community Bank $45,000 n/a 0.1%
    Home Federal Bank Corporation $45,000 n/a 0.1%
    Deere Employees Credit Union $70,000 $35,000 -50.0% 0.0%
    First Citizens National Bank $35,000 n/a 0.0%
    Park Lane Finance Solutions, LLC $35,000 n/a 0.0%

    Murray's top lender by overall market share is FirstTrust Home Loans, Inc., with 8.5% market share. In second place, with 6.6%, is Independence Bank of Kentucky, having originated $5,060,000 in loans. In third place, with 6.6%, is FNB Bank, Inc., having originated $5,015,000 in loans. In fourth place, with 5.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,060,000 in loans. In fifth place, with 4.9%, is Regions Bank, having originated $3,735,000 in loans.

    Murray Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Murray (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $171,575 (4.3%) $240,022 (-3.6%) 0.00 193
    2018-02-01 $178,250 (5.3%) $248,314 (-5.0%) 0.00 181
    2018-03-01 $169,450 (-8.5%) $245,490 (-9.1%) 0.00 202
    2018-04-01 $170,000 (-6.9%) $242,837 (-7.6%) 0.00 230
    2018-05-01 $168,750 (-9.8%) $241,861 (-8.3%) 0.00 240
    2018-06-01 $169,900 (-12.3%) $244,380 (-8.9%) 0.00 231
    2018-07-01 $179,225 (-10.3%) $242,195 (-10.5%) 0.00 229
    2018-08-01 $181,200 (-3.8%) $242,618 (-6.9%) 0.00 233
    2018-09-01 $189,000 (1.0%) $249,019 (-4.4%) 0.00 228
    2018-10-01 $190,950 (4.6%) $252,500 (-2.0%) 0.00 218
    2018-11-01 $190,175 (7.8%) $250,809 (-0.4%) 0.00 210
    2018-12-01 $189,900 (5.8%) $257,420 (5.6%) 0.00 192
    2019-01-01 $189,900 (10.7%) $256,261 (6.8%) 0.00 186
    2019-02-01 $182,475 (2.4%) $251,678 (1.4%) 0.00 184
    2019-03-01 $182,643 (7.8%) $248,677 (1.3%) 0.00 200
    2019-04-01 $184,900 (8.8%) $248,139 (2.2%) 0.00 221
    2019-05-01 $185,500 (9.9%) $250,104 (3.4%) 0.00 232
    2019-06-01 $188,000 (10.7%) $255,794 (4.7%) 0.00 232
    2019-07-01 $189,450 (5.7%) $259,333 (7.1%) 0.00 232
    2019-08-01 $193,864 (7.0%) $266,491 (9.8%) 0.00 216
    2019-09-01 $195,909 (3.7%) $268,518 (7.8%) 0.00 201
    2019-10-01 $196,023 (2.7%) $263,913 (4.5%) 0.00 186
    2019-11-01 $189,000 (-0.6%) $246,705 (-1.6%) 0.00 189
    2019-12-01 $188,200 (-0.9%) $243,779 (-5.3%) 0.00 181
    2020-01-01 $182,400 (-4.0%) $242,515 (-5.4%) 0.00 167
    2020-02-01 $189,450 (3.8%) $269,642 (7.1%) 0.00 125
    2020-03-01 $238,975 (30.8%) $299,988 (20.6%) 0.00 127
    2020-04-01 $244,200 (32.1%) $303,025 (22.1%) 0.00 116
    2020-05-01 $269,900 (45.5%) $317,633 (27.0%) 0.00 101
    2020-06-01 $264,825 (40.9%) $332,525 (30.0%) 0.00 88
    2020-07-01 $250,425 (32.2%) $342,907 (32.2%) 0.00 84
    2020-08-01 $289,000 (49.1%) $374,312 (40.5%) 0.00 84
    2020-09-01 $299,000 (52.6%) $393,058 (46.4%) 0.00 78
    2020-10-01 $303,500 (54.8%) $393,339 (49.0%) 0.00 73
    2020-11-01 $297,000 (57.1%) $407,321 (65.1%) 0.00 77
    2020-12-01 $249,250 (32.4%) $391,928 (60.8%) 0.00 76
    2021-01-01 $282,250 (54.7%) $432,521 (78.4%) 0.00 58
    2021-02-01 $295,000 (55.7%) $504,397 (87.1%) 0.00 46
    2021-03-01 $289,825 (21.3%) $478,299 (59.4%) 0.00 43
    2021-04-01 $319,000 (30.6%) $429,961 (41.9%) 0.00 40
    2021-05-01 $364,950 (35.2%) $482,433 (51.9%) 0.00 40
    2021-06-01 $252,250 (-4.8%) $412,618 (24.1%) 0.00 46
    2021-07-01 $222,450 (-11.2%) $381,412 (11.2%) 0.00 54
    2021-08-01 $225,975 (-21.8%) $411,281 (9.9%) 0.00 56
    2021-09-01 $227,475 (-23.9%) $407,317 (3.6%) 0.00 53
    2021-10-01 $249,450 (-17.8%) $411,717 (4.7%) 0.00 57
    2021-11-01 $234,250 (-21.1%) $399,737 (-1.9%) 0.00 59
    2021-12-01 $240,700 (-3.4%) $409,292 (4.4%) 0.00 63
    2022-01-01 $291,900 (3.4%) $433,083 (0.1%) 0.00 51
    2022-02-01 $321,950 (9.1%) $472,520 (-6.3%) 0.00 37
    2022-03-01 $328,000 (13.2%) $448,002 (-6.3%) 0.00 35
    2022-04-01 $282,000 (-11.6%) $433,121 (0.7%) 0.00 32
    2022-05-01 $312,425 (-14.4%) $419,315 (-13.1%) 0.00 40
    2022-06-01 $327,000 (29.6%) $405,800 (-1.7%) 0.00 44
    2022-07-01 $320,000 (43.9%) $413,042 (8.3%) 0.00 48
    2022-08-01 $323,700 (43.3%) $421,968 (2.6%) 0.00 50
    2022-09-01 $351,500 (54.5%) $451,028 (10.7%) 0.00 47
    2022-10-01 $343,750 (37.8%) $416,985 (1.3%) 0.00 53
    2022-11-01 $347,000 (48.1%) $429,397 (7.4%) 0.00 57
    2022-12-01 $299,000 (24.2%) $394,205 (-3.7%) 0.00 59
    2023-01-01 $279,950 (-4.1%) $352,843 (-18.5%) 0.00 53
    2023-02-01 $277,500 (-13.8%) $362,915 (-23.2%) 0.00 53
    2023-03-01 $329,250 (0.4%) $376,964 (-15.9%) 0.00 50
    2023-04-01 $345,000 (22.3%) $395,176 (-8.8%) 0.00 53
    2023-05-01 $342,500 (9.6%) $419,506 (0.1%) 0.00 47
    2023-06-01 $347,000 (6.1%) $428,750 (5.7%) 0.00 54
    2023-07-01 $382,000 (19.4%) $449,241 (8.8%) 0.00 62
    2023-08-01 $362,175 (11.9%) $432,434 (2.5%) 0.00 68
    2023-09-01 $337,000 (-4.1%) $416,760 (-7.6%) 0.00 76
    2023-10-01 $318,675 (-7.3%) $396,340 (-5.0%) 0.00 72
    2023-11-01 $321,200 (-7.4%) $434,221 (1.1%) 0.00 70
    2023-12-01 $320,000 (7.0%) $443,119 (12.4%) 0.00 65
    2024-01-01 $313,675 (12.1%) $430,118 (21.9%) 0.00 62
    2024-02-01 $320,625 (15.5%) $438,878 (20.9%) 0.00 56
    2024-03-01 $342,000 (3.9%) $451,837 (19.9%) 0.00 53
    2024-04-01 $325,000 (-5.8%) $458,690 (16.1%) 0.00 66
    2024-05-01 $319,975 (-6.6%) $455,019 (8.5%) 0.00 73
    2024-06-01 $329,000 (-5.2%) $465,059 (8.5%) 0.00 83
    2024-07-01 $349,725 (-8.5%) $452,143 (0.7%) 0.00 89
    2024-08-01 $350,000 (-3.4%) $446,134 (3.2%) 0.00 93
    2024-09-01 $295,700 (-12.3%) $409,919 (-1.6%) 0.00 88
    2024-10-01 $356,750 (12.0%) $435,558 (9.9%) 0.00 89
    2024-11-01 $362,000 (12.7%) $436,958 (0.6%) 0.00 84
    Murray's median listing price for 2024-11-01 was $362,000, a difference of $40,800 (12.7%) versus the prior year and $5,250 versus the prior month.

    Murray's median listing price comes in at 0% of the national average.

    Murray's average listing price for 2024-11-01 was $436,958, a difference of $2,737 (0.6%) versus the prior year and $1,400 versus the prior month.

    For the 2024-11-01 period, Murray had 84 MLS listings, a difference of -5 listings (-6%) versus the prior month and 14 listings (20%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Murray (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,916 sqft
    2018-02-01 0 days 1,947 sqft
    2018-03-01 0 days 1,902 sqft
    2018-04-01 0 days 1,895 sqft
    2018-05-01 0 days 1,892 sqft
    2018-06-01 0 days 1,870 sqft
    2018-07-01 0 days 1,876 sqft
    2018-08-01 0 days 1,917 sqft
    2018-09-01 0 days 1,930 sqft
    2018-10-01 0 days 2,003 sqft
    2018-11-01 0 days 2,018 sqft
    2018-12-01 0 days 2,024 sqft
    2019-01-01 0 days 2,032 sqft
    2019-02-01 0 days 1,996 sqft
    2019-03-01 0 days 1,947 sqft
    2019-04-01 0 days 1,882 sqft
    2019-05-01 0 days 1,925 sqft
    2019-06-01 0 days 1,955 sqft
    2019-07-01 0 days 2,025 sqft
    2019-08-01 0 days 2,056 sqft
    2019-09-01 0 days 2,074 sqft
    2019-10-01 0 days 2,070 sqft
    2019-11-01 0 days 2,026 sqft
    2019-12-01 0 days 1,948 sqft
    2020-01-01 0 days 1,869 sqft
    2020-02-01 0 days 1,854 sqft
    2020-03-01 0 days 2,025 sqft
    2020-04-01 0 days 2,139 sqft
    2020-05-01 0 days 2,290 sqft
    2020-06-01 0 days 2,185 sqft
    2020-07-01 0 days 2,149 sqft
    2020-08-01 0 days 2,269 sqft
    2020-09-01 0 days 2,208 sqft
    2020-10-01 0 days 2,251 sqft
    2020-11-01 0 days 2,391 sqft
    2020-12-01 0 days 2,153 sqft
    2021-01-01 0 days 2,506 sqft
    2021-02-01 0 days 2,561 sqft
    2021-03-01 0 days 2,433 sqft
    2021-04-01 0 days 2,597 sqft
    2021-05-01 0 days 2,640 sqft
    2021-06-01 0 days 1,945 sqft
    2021-07-01 0 days 1,748 sqft
    2021-08-01 0 days 1,829 sqft
    2021-09-01 0 days 1,816 sqft
    2021-10-01 0 days 1,960 sqft
    2021-11-01 0 days 1,868 sqft
    2021-12-01 0 days 1,883 sqft
    2022-01-01 0 days 2,093 sqft
    2022-02-01 0 days 2,065 sqft
    2022-03-01 0 days 2,035 sqft
    2022-04-01 0 days 2,022 sqft
    2022-05-01 0 days 2,189 sqft
    2022-06-01 0 days 2,059 sqft
    2022-07-01 0 days 2,100 sqft
    2022-08-01 0 days 2,280 sqft
    2022-09-01 0 days 2,280 sqft
    2022-10-01 0 days 2,291 sqft
    2022-11-01 0 days 2,294 sqft
    2022-12-01 0 days 2,243 sqft
    2023-01-01 0 days 2,004 sqft
    2023-02-01 0 days 1,980 sqft
    2023-03-01 0 days 2,257 sqft
    2023-04-01 0 days 2,320 sqft
    2023-05-01 0 days 2,594 sqft
    2023-06-01 0 days 2,581 sqft
    2023-07-01 0 days 2,597 sqft
    2023-08-01 0 days 2,406 sqft
    2023-09-01 0 days 2,336 sqft
    2023-10-01 0 days 2,233 sqft
    2023-11-01 0 days 2,236 sqft
    2023-12-01 0 days 2,364 sqft
    2024-01-01 0 days 2,260 sqft
    2024-02-01 0 days 2,294 sqft
    2024-03-01 0 days 2,240 sqft
    2024-04-01 0 days 2,200 sqft
    2024-05-01 0 days 2,241 sqft
    2024-06-01 0 days 2,250 sqft
    2024-07-01 0 days 2,132 sqft
    2024-08-01 0 days 2,233 sqft
    2024-09-01 0 days 2,173 sqft
    2024-10-01 0 days 2,204 sqft
    2024-11-01 0 days 2,252 sqft
    Murray's median listing age (time on market) for 2024-11-01 was 0 days.

    Murray's median square footage for active listings during the 2024-11-01 period was 2,252 sqft. One year prior, the average listing was 2,236 sqft.

    Murray, KY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 256 $55,480,000 $216,719
    Cash Out Refi 57 $12,085,000 $212,018
    Refi 38 $5,320,000 $140,000
    Home Improvement 35 $1,985,000 $56,714
    Other 24 $1,640,000 $68,333

    Murray's most frequently cited loan purpose was Home Purchase, with 256 originations. The 2nd most popular reason was Cash Out Refi, with 57 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 130 $26,870,000 $206,692
    7-8% 116 $20,240,000 $174,483
    Over 8% 64 $5,540,000 $86,563
    5-6% 56 $15,170,000 $270,893
    3-4% 2 $30,000 $15,000
    4-5% 1 $105,000 $105,000

    During 2023, Murray's most frequently originated rate bucket was 6-7%, with 130 originations.

    Loan Sizing (Murray, KY MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 166 $25,440,000 $153,253
    $200k-400k 116 $30,740,000 $265,000
    $100,000 or less 108 $5,930,000 $54,907
    $400k-600k 14 $6,590,000 $470,714
    $Over $1MM 4 $6,460,000 $1,615,000
    $600k-1000k 2 $1,350,000 $675,000

    Murray's loan sizing saw the bucket of loans from $100k-200k with 166 originations, totaling $25,440,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 184 $40,230,000 $218,641
    60-80% 71 $16,805,000 $236,690
    Under 20% 37 $1,295,000 $35,000
    40-60% 36 $5,300,000 $147,222
    20-40% 33 $2,445,000 $74,091
    Over 100% 5 $1,075,000 $215,000

    Murray's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 184 originations, totaling $40,230,000 in origination value.