Murray Terrace
Homes for Sale in Jacksonville, FL
All 4,406 homes for sale in Jacksonville, FL · median $299,990 · 181 homes for sale in 32205 · Duval County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
As of October 2026, Murray Terrace in Jacksonville, FL has 1 home for sale. Over the 12 months ending 2026-10-17, 7 recorded sales closed at a median of $155,000, $145 per square foot, a median 25 days on market, sellers accepting 77% of original asking (+2% versus the prior year). Homes listed or recently sold were built 1940–1944; none of the 8 geocoded homes sit in a FEMA special flood hazard zone (median elevation 21 ft). At the median price and Duval County's FY2025-26 rate of 17.86 mills, annual property tax runs about $2,770 ($2,030 with the full homestead exemption).
Last 30 days in Murray Terrace: 1 new listing (median asking $279,000). As of October 17, 2026, realMLS.
Murray Terrace's median sale price sits at $150,000, one of the more accessible entry points in Duval County. That number is doing a lot of work covering a housing stock built anywhere from 1913 to 2024, with a median build year of 1944 and a median living area of 1,355.5 square feet, priced at $145.18 per square foot. In a mix this age-spread, condition and updates on the individual property drive value far more than any neighborhood average.
The current market posture is soft. A median 113 days on market paired with a -21.7% year-over-year move points to a buyer's market, and with zero active listings tracked as of 2026-07-14 and only 7 closings in the recent window, there isn't much live inventory or trading volume to read from either direction. Sellers need realistic pricing and patience; buyers who find something here typically have room to negotiate.
Murray Terrace right now
🔴 Seller-leaning market. 1.7 months of supply and 0% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of realMLS records, as of October 17, 2026. Confidence: Medium (1 active and pending listings, 7 closed sales in 12 months).
🟡 Still climbing. The trailing-12-month median ($155K) is up 1.7% from the prior 12 months ($152K). With about 6 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level realMLS closed sales, 12-month windows ending October 17. Confidence: Low (7 and 4 sales in the two windows).
What's unique here: the median sale price is about 50% below the typical Duval County sale ($155K vs $310K, trailing 12 months, realMLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 18, 2026 · Live data: realMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Murray Terrace market snapshot (as of October 17, 2026): the median sale price is about $155K ($145 per sq ft over the trailing 12 months of closed sales), a median 25 days on market for closed sales, and 1.7 months of supply, a seller-leaning market. The trailing-12-month median is up 2% from the prior 12 months, computed from record-level realMLS closed sales (7 closings in the current window).
In ZIP 32205 (Jacksonville), 425 homes closed in the last 12 months at a median of $273K ($215/sq ft), up 1.9% year over year, with a median 47 days on market. Right now 77 active and 25 pending listings put supply at about 21.8 months — a buyer's market. See the live ZIP 32205 housing market and the Duval County market.
County records show 10 qualified sales in Murray Terrace across 2024–2025 (8 in 2024, 2 in 2025), median $247,600 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Murray Terrace is a community of 104 homes in Jacksonville, Duval County, built between 1933 and 2019 (median 1948.5), with a median living area of about 1,226 square feet. 50% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Murray Terrace is an established Jacksonville pocket where the housing stock spans more than a century of construction, from homes built in 1913 through ones finished in 2024, so no two listings tell quite the same story. With 492 homes total and 57.6% carrying a homestead exemption, it reads as a base of owner-occupied properties rather than a market driven by turnover.
The setting & the homes.
Aerial and on-site photos of Murray Terrace. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Murray TerracePhotos from realMLS listings in Murray Terrace; content deemed reliable but not guaranteed.
Who Murray Terrace is best for.
Best for
- Buyers working with a tighter budget who want to stay inside Duval County
- Buyers willing to take on a home built decades ago and evaluate condition property by property
- Investors comfortable with a slow-absorption market and a thin resale data set
Probably not for
- Buyers who need move-in-ready systems and finishes without renovation work
- Buyers on a tight closing timeline who can't absorb a long days-on-market wait
- Buyers who want to lean on a deep set of recent comparable sales — the closings sample here is currently too small for that
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending October 17 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($155K) IS the median in the snapshot above, and the move from 2025 ($152K) IS the +1.7% one-year change.
Windows contain 1 to 12 sales each (7 in the current window); every figure carries its sample size, and thin markets swing on single closings. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
20% of homes for sale in ZIP 32205 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-18).
Murray Terrace Market Scorecard
Murray Terrace is currently a seller-leaning market. About 1.7 months of supply, a median asking price of $279,000, and homes go under contract in about 29 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Murray Terrace
Live MLS inventory for Murray Terrace. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Murray Terrace listings as of 2026-10-17, priced high to low. Source: Data provided by realMLS. Tap any home to ask about it.
Murray Terrace on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from realMLS. Map data © OpenStreetMap contributors.
Recent Developments in Murray Terrace
Development, infrastructure, retail, and school activity affecting Murray Terrace, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Retail & Dining
Council committee defers vote on incentives for Downtown Publix at 119 W. Beaver St.
The Finance Committee deferred a $49.65 million incentive package for Gateway Jax's $140.15 million high-rise anchored by a Publix at 119 W. Beaver St. The tower is planned with 259 apartments and about 400 parking spaces. The committee is scheduled to revisit the bill Nov. 4, the day after the Amendment 3 vote.
What it may mean for the marketThe timing of the first full-size grocery store in the Downtown core depends on the incentive vote, affecting nearby retail access. The site is about 4 miles northeast of Murray Terrace.
Source: Jacksonville Today - September 2026Development
Gateway Jax seeks more than $70 million in city incentives for Riverfront Plaza tower and Hotel Merrydelle
Gateway Jax is requesting about $55.4 million in incentives for a 17-story, roughly $271.5 million Riverfront Plaza tower with 130 to 170 hotel rooms and 50 to 150 residences on Independent Drive. It also seeks a $15 million loan for the nearly $50 million renovation of the former Ambassador Hotel at 420 Julia Street. The Downtown Investment Authority board votes Sept. 16 and City Council has the final say.
What it may mean for the marketIf approved, the projects would add hotel rooms, residences and restaurants along the Downtown riverfront. The site is about 5 miles east of Murray Terrace.
Source: Jacksonville Today - September 2026Development
Downtown review board approves concept for first new University of Florida graduate campus building in LaVilla
The Downtown Development Review Board voted 7-0 on Sept. 10 for a six to eight story, roughly 185,000 square foot academic building on a 2.34-acre site bounded by West Bay, Forsyth and North Lee streets. It is the first new building in a multiphase UF graduate and semiconductor institute campus estimated at $345 million. UF hopes to break ground in December, pending final design review and permitting.
What it may mean for the marketA large graduate campus adds education and technology jobs and daytime foot traffic to the western Downtown core. The site is about 4 miles northeast of Murray Terrace.
Source: Jacksonville Today - June 2026Development
Hillwood contracts with the City of Jacksonville for 192 acres at AllianceFlorida at Cecil Commerce Center
Master developer Hillwood contracted with the City of Jacksonville for 192 acres at AllianceFlorida at Cecil Commerce Center on Jacksonville's Westside, continuing the buildout of the former Naval Air Station Cecil Field into an industrial and logistics park.
What it may mean for the marketContinued absorption of large industrial parcels at Cecil signals sustained employment growth on the Westside, which can support housing demand across nearby communities. The site is about 10 miles southwest of Murray Terrace.
Source: Jax Daily Record - June 2026Infrastructure
First Coast Expressway advances as an economic-development corridor across Clay and St. Johns
The First Coast Expressway (State Road 23), a tolled beltway looping around the west and south of the Jacksonville metro, continued to open land for development along its corridor, with the final St. Johns County phase from Interstate 95 to east of County Road 2209 in progress. FDOT held a St. Johns County open house on the final phase in January 2026.
What it may mean for the marketNew limited-access highway capacity shortens commutes and opens adjacent land, changes that have historically shaped where new communities and demand concentrate. The site is about 19 miles south of Murray Terrace.
Source: Jax Daily Record - April 2026Development
Hillwood seeks to mass-grade an AllianceFlorida site for a possible 1 million-square-foot building
Hillwood asked to mass grade a site at AllianceFlorida at Cecil Commerce Center to prepare for a possible 1 million-square-foot building, a step that typically precedes a large industrial or distribution user committing to the Westside park.
What it may mean for the marketA build-ready million-square-foot pad points to a potential large employer on the Westside, the kind of jobs anchor that can lift demand for nearby housing. The site is about 10 miles southwest of Murray Terrace.
Source: Jax Daily Record
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Murray Terrace buying strategy.
If we were buying in Murray Terrace today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Murray Terrace.
An Older, Slower Corner of Duval
Of Murray Terrace's 492 homes, 57.6% carry a homestead exemption, which points toward a base of owner-occupied properties rather than a market dominated by short-term holds or heavy investor churn. With a median year built of 1944 and construction running as recent as 2024, the stock ranges from early-20th-century homes to recent infill, so a property-by-property look at condition and any updates matters more here than in a more uniform community.
Pace is the other defining feature. A market heat score of 14 and a median 113 days on market both signal slow absorption, and with no active listings tracked as of 2026-07-14, there's little live inventory to gauge real-time pricing tension against. The -21.7% year-over-year move is worth noting, but against only 7 closings in the window, it's a small enough sample that a single sale can swing the trend meaningfully — read it as directional, not definitive.
The location and the amenities are priced into every listing in Murray Terrace. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Murray Terrace buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (4.9). Basis: Recent Direction +1.7% year-over-year; Liquidity & Demand 1.7 months of supply; Owner Commitment 50% owner-occupied; Pricing Power 76.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a stock this age-diverse, at $145.18 per square foot with pricing that varies property to property rather than following a single neighborhood curve, an agent who evaluates each home's condition and construction era matters more than one who quotes the median. Momentum tracks the closings that do happen here, thin as that window currently is, so pricing conversations start from actual sales data rather than guesswork.
Murray Terrace in 15 seconds.
What it really costs to own in Murray Terrace
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $3,388/yr across 6 listings here (MLS tax records, 2026-10-18). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Duval County is $1,315/yr (2,001 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1942 across 6 listings. An original roof here would be about 84 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Murray Terrace
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Murray Terrace
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Murray Terrace will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Murray Terrace buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Murray Terrace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Murray Terrace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Murray Terrace home worth?
Get a no-obligation home value based on real comparable sales in Murray Terrace, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in Murray Terrace
Homes in Murray Terrace that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 6 on record.
- 1286 Stimson Street · off market
- 4804 Elizabeth Terrace · off market
- 4826 Catherine Terrace · off market
- 4833 College Street · off market
- 4833 Royal Avenue · off market
- 4842 Louisa Terrace · off market
| Location | Jacksonville, Duval County, FL · ZIP 32205 |
|---|---|
| Homes in the community | 104 (FL DOR 2025 assessment roll) |
| Years built | 1933–2019 (median 1948.5) |
| Typical living area | 1,226 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Suburban |
| Sale prices, last 12 months | $155,000 median across 7 closed sales · $145 per sq ft · +1.7% vs the prior 12 months |
| Days on market (closed sales) | 25 median |
| For sale right now | 1 active, 0 pending · median asking $279,000 · 1.7 months of supply |
| Owner-occupied (homestead) share | 50% |
Data as of October 17, 2026. Data provided by realMLS; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Murray Terrace key facts,” movewithmomentum.com/neighborhoods/murray-terrace-jacksonville, data as of October 17, 2026.
Housing distress & ownership in Murray Terrace, Jacksonville
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
Recently sold in Murray Terrace Jacksonville
- 4826 Catherine Terrace · sold $155,000
- 1286 Stimson Street · sold $200,000
- 4856 Catherine Terrace · sold $261,000
- 4833 Royal Avenue · sold $125,000
- 4842 Louisa Terrace · sold $122,500
- 4833 College Street · sold $194,000
- 1209 Stimson Street · sold $150,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Stimson Street (8 homes on record)
- Plymouth Street (3 homes on record)
- Cassat Avenue (2 homes on record)
- Cassat Avenue (2 homes on record)
- Ramona Boulevard (1 homes on record)
- Royal Avenue (1 homes on record)
Frequently Asked Questions
What is the median home price in Murray Terrace?
How long do homes in Murray Terrace take to sell?
Is Murray Terrace a buyer's or seller's market right now?
How many homes are in Murray Terrace?
What share of Murray Terrace is owner-occupied?
When were the homes in Murray Terrace built?
Who is the best real estate agent for Murray Terrace?
How do I find a top Jacksonville real estate agent who knows Murray Terrace?
Can Momentum Realty connect me with an agent for Murray Terrace?
Where is Murray Terrace, and what county is it in?
How far is Murray Terrace from downtown Jacksonville and the beach?
Is Murray Terrace a good place to live?
Should you buy in Murray Terrace?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: October 17, 2026) |
| Community market stats | realMLS closed sales, 12-month windows ending October 17, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32205/32207/32299)) |
| Under-contract shares | realMLS records, as of 2026-10-17 |
| Historical depth | Closed-sale records back to 2002 (109 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Murray Terrace fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Murray Terrace with Momentum Realty’s local guides.
More on Murray Terrace
- Home values · What homes in Murray Terrace actually sell for
Schools serving nearby communities
We do not have a confirmed school assignment for Murray Terrace. These are the public schools most often assigned to other communities in ZIP 32205; zones change and vary by address, so confirm with the district before you buy.
- Lake Shore Middle School · 6-8 · FLDOE grade C (assigned to 15 nearby communities)
- Riverside High School · 9-12 · FLDOE grade C (assigned to 13 nearby communities)
- Fishweir Elementary School · PreK-5 · FLDOE grade A (assigned to 7 nearby communities)
- Ruth N. Upson Elementary School · PreK-5 · FLDOE grade A (assigned to 5 nearby communities)
- Edward H. White High School · 9-12 · FLDOE grade B (assigned to 2 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).