Murrysville, Pennsylvania Housing Market Prices
Murrysville Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 287% above the Pennsylvania median$589,315
-
Median rent 5% below the Pennsylvania median$1,152
Housing Market Overview
| Metric | Murrysville | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $589,315 | $152,469 | $248,835 |
| Price Trend (Annual %) | 21.3% | 3.7% | 7.5% |
| Median Gross Rent | $1,152 | $1,208 | $1,407 |
| Rent Trend (Annual %) | 5.6% | 4.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Murrysville is about 287% higher than in Pennsylvania. Rent is about 5% lower than the Pennsylvania average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Murrysville, up about 21.3% and 5.6% a year respectively. Home prices are changing faster.
Median rent in Murrysville rose about 53.1% between 2015 and 2024, from $752 to $1,152. Over the same span, rent in Pennsylvania rose about 43.9%.
Affordability
On average, housing unit costs 5.1 yearly household incomes in Murrysville.
Buying the median-priced home in Murrysville costs roughly 42.6 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Murrysville. The price-to-rent ratio in Pennsylvania is about 10.5.
| Metric | Murrysville | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $589,315 | $152,469 | $248,835 |
| Median Household Income | $114,506 | $78,249 | $80,455 |
| Price-to-Income Ratio | 5.1 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Murrysville rose about 221.3%, while median household income rose about 40.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Murrysville | Pennsylvania Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 82.9% | 63.0% | 58.5% |
| Rental Rate | 11.9% | 27.9% | 31.2% |
| Vacancy Rate | 5.2% | 9.1% | 10.2% |
| Median Tenure (years) | 19.0 | 17.0 | 15.0 |
| Median Year Moved In | 2007 | 2009 | 2011 |
Murrysville has a homeownership rate of 82.9%, higher than the Pennsylvania average of 63.0%. Its housing vacancy rate is 5.2%, compared with 9.1% in Pennsylvania.
Housing Stock
| Metric | Murrysville | Pennsylvania Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.39 people | 2.53 people |
| Median Structure Built Year | 1979 | 1966 | 1978 |
| Median Number of Rooms | 7.5 | 6.0 | 5.5 |
The typical housing unit in Murrysville was built around 1979. On average, 2.4 people live in a home with about 7.5 rooms, staying for about 19.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Murrysville, Pennsylvania.
What is the median home price in Murrysville, Pennsylvania?
The median home price in Murrysville, Pennsylvania is $589,315, higher than the Pennsylvania average of $152,469.
What is the average home price in Murrysville, Pennsylvania?
The typical home price in Murrysville, Pennsylvania, reported as the median sale price, is $589,315. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Murrysville, Pennsylvania?
The median gross rent in Murrysville, Pennsylvania is $1,152 per month, lower than the Pennsylvania average of $1,208.
What was the median gross rent in Murrysville in 2020?
In 2020, the median gross rent in Murrysville, Pennsylvania was $977 per month.
What is the price-to-rent ratio in Murrysville, Pennsylvania?
The price-to-rent ratio in Murrysville, Pennsylvania is about 42.6, meaning it would take roughly 42.6 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Murrysville.
Are home prices or rent rising faster in Murrysville, Pennsylvania?
Both home prices and rent are rising in Murrysville, up about 21.3% and 5.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Murrysville, Pennsylvania?
82.9% of households in Murrysville, Pennsylvania own their home, higher than the Pennsylvania average of 63.0%.
What is the vacancy rate in Murrysville, Pennsylvania?
The housing vacancy rate in Murrysville, Pennsylvania is 5.2%, lower than the Pennsylvania average of 9.1%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →