Stay informed with Rocket and Redfin

Understand your market like never before.

Murray Hill Housing Market Report June 2025•New York County, New York

hero building illustration for mobile

Housing Prices in Murray Hill, NY

How much do homes in Murray Hill, NY cost?

Housing Market Conditions

Is Murray Hill, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Murray Hill is a Buyer's Market

Difference Since June 2024

Since last year, Murray Hill has remained a Buyer's Market.

Insight

Murray Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$995,000$1,171/SqFt
+$55,000
+5.9%

Based on all homes sold in the last 12 months

Insight

Homes in Murray Hill have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Murray Hill was $995,000 in June 2025, up 5.9% from last year, and the median price per square foot was $1,171.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Garment District
+14.9%
Murray Hill
+5.9%
Kips Bay
+4.5%
Turtle Bay
-1.8%
Tudor City
-3.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1$750K$745K
-0.7%
2$1.3M$1.3M
+2.8%
3$1.7M$2.4M
+38.1%
4-$1.5M
N/A
5$4.9M$2.8M
-41.6%

Summary: Murray Hill housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -0.7%. The home price for 2 bedroom homes increased by +2.8%. The home price for 3 bedroom homes increased by +38.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes decreased by -41.6%.

How does Murray Hill, NY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Murray Hill, NY

Housing supply in Murray Hill, NY

How many homes are available in Murray Hill, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
233Last MonthJun 2025
2472 months agoMay 2025
-5.7 %
Change MoMMay – Jun

Summary: The Murray Hill real estate market had 233 homes for sale in Jun 2025, a 5.7 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
21Last MonthJun 2025
222 months agoMay 2025
-4.5 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
1140130
-7.1%
28480
-4.8%
31313
0.0%
477
0.0%
533
0.0%

Summary: Murray Hill housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -7.1%. The inventory for 2 bedroom homes decreased by -4.8%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Murray Hill, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price19 Homes

Under Asking Price2 Homes

Insight

If you're buying a home in Murray Hill, expect to pay close to the asking price. 90.5% of homes here sold near the asking price last month.

Summary: A total of 21 homes were sold or pending in Murray Hill in June 2025, down by 4.5% month-over-month. Of the 21 sold homes, 10% were sold under asking, 90% were sold at asking, and and 0% were sold over asking.

Days on Market for Murray Hill, NY

How long does it take to sell a home in Murray Hill, NY?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days7 Homes

Over 90 Days12 Homes

Insight

Most homes in Murray Hill are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During June 2025, 21 homes were sold in Murray Hill; 10% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
178 DaysThis YearJun 2025
150 Days1 year agoJun 2024
+18.8 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Murray Hill had an average listing age of 178 days in Jun 2025, up by 18.8% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Murray Hill, NY

What homes are available in Murray Hill, NY?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in New York

MLS Disclaimers and Copyright

Based on information from Real Estate Board of New York, and OneKey MLS for the period 07/01/2023 - 07/01/2025

The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumers' consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/20/2025, 4:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/19/2025, 11:56:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.