Murray County, Georgia Housing Market
In Murray County, Georgia, the median home value is $180,700, with a median monthly rent of $857. This places Murray County at #1628 nationally out of 3134 counties by median home value, and #75 within Georgia.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $870
- Establishments: 516
- BLS QCEW, 2025
Housing Supply
- Single-family: 120
- Multi-family: 21
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 13,999 (avg $51,877)
- Outflow: 13,291 (avg $52,142)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Murray County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 30721 | 254.3 | +2.76% | 2025 |
| 2 | 30705 | 237.0 | +8.38% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Murray County on Our Sister Sites
Get the complete picture for Murray County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Murray County Compares
| Metric | Murray County | Georgia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $180,700 | $197,932 | $227,706 |
| Median Gross Rent | $857 | $965 | $968 |
| Owner Occupancy Rate | 73.8% | 70.6% | 73.3% |
| Price/Rent Ratio | 17.6 | 16.6 | 18.7 |
Market Analysis
The median home value in Murray County is 8.7% below the Georgia state average and 20.6% below the U.S. national average. The median rent of $857/month is 11.2% below the state average.
With a price-to-rent ratio of 17.6, the buy-vs-rent decision in Murray County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Murray County has an owner-occupancy rate of 73.8%, compared to 70.6% in Georgia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Piatt County | Illinois | $180,600 | $1,046 |
| Wheatland County | Montana | $180,800 | $730 |
| Clinton County | New York | $180,600 | $1,003 |
| Carroll County | Indiana | $180,900 | $890 |
| Shawnee County | Kansas | $180,900 | $1,000 |
Other Counties in Georgia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Baldwin County | $181,900 | $923 | 61.1% |
| Franklin County | $179,000 | $844 | 77.2% |
| McIntosh County | $182,700 | $800 | 80.0% |
| Richmond County | $178,500 | $1,141 | 51.2% |
| Stephens County | $175,300 | $820 | 73.6% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).