Comprehensive market data and analysis• Updated Dec 2025
1.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | 2 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 3 | 4 | 9 |
Acreage buckets
The median price for land in Murray, Iowa is currently $7K per acre. For a typical parcel, the median sale price is $262K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $55K while premium lots reached $421K.
Murray, Iowa is currently a very hot seller's market with 1.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Murray, Iowa currently has 1.0 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Land in Murray, Iowa averages $57K per acre. The median price per acre is $7K, which may be more representative of typical transactions. Most parcels sold are around 18.0 acres.
The 3-month absorption rate in Murray, Iowa is 100.0%. The 12-month rate is 83.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Murray, Iowa stands at $262K. This translates to roughly $7K per acre for the typical parcel size. The average price is $248K, showing a fairly consistent market.
Land in Murray, Iowa typically sells within 92 days of listing. The median time on market is 46 days. Properties are moving at a moderate pace in the current very hot seller's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
