bds
|
ba
|
sqft
ac lot
|
car garage
|
|
Luxury Homes for Sale in Murray, Utah
Murray sits at the geographic heart of the Salt Lake Valley, flanked by the Wasatch Mountains to the east and the Oquirrh Mountains to the west — a position that gives upper-end homes here genuine mountain views from both orientations. Unlike the more isolated luxury corridors of Draper or the east-bench neighborhoods in Salt Lake City proper, Murray delivers high-end living with rare urban convenience: the Murray Central TRAX station connects residents to downtown SLC in under 20 minutes, Intermountain Medical Center is one of the region's top employers right inside city limits, and Fashion Place Mall anchors a dense retail and dining corridor along State Street. Murray's luxury market — generally starting around $800,000 and running well past $1.5 million for newer custom builds — tends to favor spacious ramblers and two-story traditional homes on generous lots, often in established neighborhoods near the Murray City Golf Course or along the quieter streets east of State Street. Lot sizes here can be notably larger than comparable-priced properties in Sandy or Midvale, and many upper-tier homes have been substantially remodeled with gourmet kitchens, finished basements, and detached garages or accessory structures.
Murray's central location also means luxury buyers get practical advantages that fringe suburbs can't match: sub-30-minute access to Salt Lake City International Airport, proximity to several top-rated medical campuses, and easy reach of both the Cottonwood Canyon ski resorts (Brighton, Snowbird, Alta, and Solitude are all within roughly 30 minutes in clear conditions). Murray City operates its own municipal power and parks systems, which tend to keep utility and recreation costs lower than neighboring jurisdictions. The public school landscape feeds into Granite School District, with several schools posting competitive ratings. If you're weighing value per square foot and location together, Murray's upper-price tier is worth a careful look. Browse the active listings below to see what's currently on the market.
May 2026 · Murray market
Live from the Utah MLS — what's actually happening in Murray right now.
Median sale
$495,250
42 closed in May 2026
Median DOM
10 days
listing → contract
Sale-to-list
99.1%
of final list price
Unsold inventory
149
active + pending
12 matching · page 1 of 1
Active listings
Prefer the map?
See all 12 luxury homes on a map
Pan around Murray and refine by drawing your own boundary.
Common questions
About luxury homes in Murray.
What price range counts as luxury in Murray? ▾
In Murray, the luxury tier generally begins around $900,000 and extends to roughly $2 million. Above $1.5M you're typically looking at fully custom builds, larger half-acre+ lots, or homes with pools, guest casitas, or major recent renovations. Murray rarely sees sales above $2.5M because lot sizes cap out smaller than in Holladay or Sandy.
Which Murray neighborhoods have the most luxury inventory? ▾
The strongest concentration is east of State Street near Murray Park, Wheeler Historic Farm, and the Vine Street area. You'll also find higher-end custom homes tucked into pockets near Murray Parkway Golf Course and along the Jordan River corridor. Most luxury product in Murray is infill or rebuilds rather than new subdivisions.
How does Murray luxury compare to nearby Holladay or Cottonwood Heights? ▾
Murray sits at a lower price point than Holladay or Cottonwood Heights for comparable square footage — often 15-25% less. The trade-off is smaller lots on average and no foothill views. What you gain is a more central valley location, shorter commute to downtown SLC and the airport, and easier access to both sides of the valley via I-215.
Are there new-construction luxury homes available in Murray? ▾
New construction at the luxury level is limited because Murray is essentially built out. Most high-end product comes from tear-down rebuilds on existing lots, particularly in the older eastside neighborhoods. When a true new custom does come to market, it usually sells quickly and at a premium over comparable resales.
What's the property tax situation on a $1.2M home in Murray? ▾
Salt Lake County property tax on a primary residence runs roughly 0.6-0.75% of assessed value after the residential exemption, so a $1.2M Murray home typically lands in the $7,500-$9,000 per year range. Non-primary residences are taxed on 100% of value and run noticeably higher.
How long do luxury Murray listings typically stay on the market? ▾
Days on market vary heavily by season and condition. Move-in-ready custom homes priced correctly often go under contract in 2-4 weeks, while homes needing updates or priced above neighborhood comps can sit 60-90+ days. The luxury tier in Murray is thinner than the mid-market, so individual listings don't always have direct comps.