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Assumable Homes for Sale in Murray, Utah
Murray sits right in the middle of the Salt Lake Valley, sandwiched between Millcreek and Midvale with quick I-15 and I-215 access and three TRAX stations running through town. For buyers who locked in 2.75%-3.5% rates during 2020 and 2021 — and there were a lot of them in Murray's mid-priced neighborhoods around Murray Park, Liberty, and the east bench near Wheeler Farm — those FHA and VA loans are now assumable assets. Taking over a seller's sub-4% mortgage instead of financing at today's rates can swing a monthly payment by $700-$1,200 on a typical Murray purchase in the $500K-$650K range, which is why assumption deals quietly draw multiple offers even when the broader market cools.
The catch is that assumable inventory is thin and the process is slower than a standard purchase. Only government-backed loans (FHA, VA, USDA) are assumable in practice, you still have to qualify with the existing servicer, and you'll need cash or a second loan to cover the seller's equity above the loan balance. Murray's mix of starter homes near State Street, mid-century ramblers off Vine Street, and newer builds near Fashion Place all show up in the assumable pool from time to time. The listings below are pulled live from the Wasatch Front MLS and flagged where sellers have disclosed an assumable loan — browse what's active right now to see which rates and balances are currently on the table.
August 2026 · Murray market
Live from the Utah MLS — what's actually happening in Murray right now.
Median sale
$565,000
19 closed in August 2026
Median DOM
16 days
listing → contract
Sale-to-list
98.2%
of final list price
Unsold inventory
176
active + pending
1 matching · page 1 of 1
Active listings
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Common questions
About assumable homes in Murray.
What exactly is an assumable mortgage? ▾
It's a home loan where the buyer takes over the seller's existing mortgage — same balance, same interest rate, same remaining term. In a 7% rate environment, taking over a seller's 3% loan can save hundreds per month. FHA, VA, and USDA loans are generally assumable; conventional loans usually are not.
Are assumable listings common in Murray right now? ▾
Murray has a healthy mix of FHA and VA buyers from the 2020-2021 refi window, so assumable inventory does come up — but it's still a small slice of the market. The active count fluctuates week to week, which is why this page pulls live MLS data rather than a static list.
Do I need to qualify with the seller's original lender? ▾
Yes. Even though the loan terms transfer, the servicer still underwrites you for income, credit, and debt-to-income. FHA and VA assumptions typically take 45-90 days to process, which is longer than a standard purchase close, so plan your timeline accordingly.
What happens to the seller's equity in an assumption? ▾
You assume the loan balance, but you owe the seller the difference between the sale price and that balance in cash or a second mortgage. On a Murray home priced at $550K with a $300K assumable balance, that's $250K you need to cover — this is the part that surprises most first-time assumption buyers.
Can I assume a VA loan if I'm not a veteran? ▾
Yes, VA loans are assumable by non-veterans, but the seller's VA entitlement stays tied to the loan until it's paid off. That matters more to the seller than to you, but it's worth understanding before you write the offer.
Why is Murray a good spot to look for assumable deals? ▾
Murray sits dead center in the Salt Lake Valley with quick access to I-15, I-215, and TRAX, and home prices generally run a notch below Holladay or Sugar House. That combination attracted a lot of FHA and VA buyers during the low-rate years, which is exactly the pool of sellers whose loans are now assumable.