Murray Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Murray averaged 6.36% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 6.02% and one month ago for the week of 2024-08-29, the average rate was 6.29%.

Murray's average rate one year ago was 7.65%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.32%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Murray 30 Year Fixed Rate 2024-10-03 6.36%
Murray 30 Year Fixed Rate Refi 2024-10-03 6.32%
Murray 15 Year Fixed Rate 2024-10-03 5.35%
Murray 15 Year Fixed Rate Refi 2024-10-03 5.75%
Murray 30 Year FHA 2024-10-03 5.89%
Murray 30 Year FHA Refi 2024-10-03 5.99%
Murray 30 Year USDA 2024-10-03 6.17%
Murray 30 Year USDA Refi 2024-10-03 6.07%
Murray 30 Year VA 2024-10-03 5.5%
Murray 30 Year VA Refi 2024-10-03 5.6%
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
Murray's median listing price for 2024-09-01 was $295,700, a difference of $-41,300 (-12.3%) versus the prior year and $-54,300 versus the prior month.

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

Murray's average listing price for 2024-09-01 was $409,919, a difference of $-6,841 (-1.6%) versus the prior year and $-36,215 versus the prior month.

For the 2024-09-01 period, Murray had 88 MLS listings, a difference of -5 listings (-5%) versus the prior month and 12 listings (16%) 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
Murray's median listing age (time on market) for 2024-09-01 was 0 days.

Murray's median square footage for active listings during the 2024-09-01 period was 2,173 sqft. One year prior, the average listing was 2,336 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.