Assumable Homes for Sale in Murray, Utah

Murray sits right in the middle of the Salt Lake Valley, which is exactly why it's one of the more practical places to buy in Utah. You're 15 minutes from downtown SLC, 20 from the airport, and the TRAX Red and Blue lines both stop here, so commuting to the U or to tech jobs in the Silicon Slopes corridor is realistic without a car. The housing stock is a mix worth knowing: mid-century ramblers near Murray Park and Wheeler Farm, newer townhomes around Fashion Place and the Intermountain Medical Center campus (the area's largest employer), and a steady supply of 1990s-era subdivisions east of State Street. Median prices typically run a bit below Sandy and Holladay but above West Valley, which makes Murray a sweet spot for buyers who want valley-floor convenience without paying east-bench premiums.

Assumable mortgages matter more in Murray than people realize. With current rates hovering well above the 3-4% loans many sellers locked in between 2019 and 2021, taking over an existing FHA or VA loan can shave hundreds off a monthly payment versus financing fresh — sometimes the difference between qualifying and not. The catch is that you'll typically need to cover the gap between the loan balance and the sale price in cash or a second loan, so these deals reward buyers with solid down payment funds. Murray's mix of FHA-friendly price points and longer-tenure owners means assumable inventory shows up here more often than in newer suburbs. Browse the active listings below, and reach out if you want help running the numbers on a specific assumption.