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Murray Terrace in Jacksonville

Murray Terrace
Homes for Sale in Jacksonville, FL

Community in Jacksonville · Duval County · ZIP 32205
492 homesBuilt 1913–2024Median sale $150K
Free · No obligation
Talk to a Murray Terrace Expert

True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
14/100
Market Heat
Cooler than normal
2013 → 2026 · 84 at the 2017 peak
0 is Murray Terrace's coldest market since 2013, 100 its hottest. Today: 14. How it's scored
Built fromLive realMLS data24 years of closingsFL DOR public recordsUpdated twice daily
Live · Murray Terrace Housing Pulse realMLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$150K
Median sold · 12 mo
down 21.7% vs the prior 12 months
-21.7%
1-yr price change
n = 7 and 4 sales in the two windows
$145/sf
Sold $/sqft · 12 mo
peak $236 in 2023
75.0%
Sale vs ask
Tempo
113days
Median DOM · closed
4 days at the 2017 low
100%
Under contract
Duval: 30% (1,188 of 4,002)
0 · 1
For sale · pending
live counts, refreshed twice daily
7
Sold · last 12 mo
10-yr average: about 6 a year
Ownership and context
58%
Owner-occupied · Murray Terrace
287 of 498 parcels homesteaded (FL DOR 2025)
42%
Non-owner-occupied · Murray Terrace
incl. 18% trust or LLC-held · 10% out-of-state
25%
Cash buyers · Murray Terrace
1 of 4 sales, 12 mo ending July 2025
492
Homes in the community
plus 6 vacant residential lots · 498 residential parcels (FL DOR 2025)
Track record · 24 years of records
Est. 1913
Community established
homes built 1913-2024, median 1944 (FL DOR 2025)
6
Failed listings · 2026
peaked at 10 in 2009
976sqft
Median sold home size
12-mo windows, closed sales
1.4%/yr
Turnover rate
about 7 of 492 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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 Housing Pulse · Momentum Research · as of July 14, 2026

Murray Terrace right now

🔴 Off the recent peak. The trailing-12-month median ($150K) is down 21.7% from the prior 12 months ($192K). 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 July 14. Confidence: Low (7 and 4 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 14, 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 July 14, 2026): the median sale price is about $150K ($145 per sq ft over the trailing 12 months of closed sales), and a median 113 days on market for closed sales. The trailing-12-month median is down 22% from the prior 12 months, computed from record-level realMLS closed sales (7 closings in the current window).

Murray Terrace is a community of 492 homes in Jacksonville, Duval County, built between 1913 and 2024 (median 1944.0), with a median living area of about 1,356 square feet. 58% 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.

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
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How Murray Terrace is performing right now

60/100
momentum
Balanced Market (limited data)
Seller's marketBalancedBuyer's market
4Months of supplytight
10Median days on marketdays
1 : 2Under contract vs for salestrong demand
6Sold in last 12 monthsliquidity
+64%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from realMLS, as of June 25, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Murray Terrace listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Murray Terrace buys, holds, and resells. See the five factors.

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 2026-06-25, priced high to low. Source: Data provided by realMLS.. Tap any home to ask about it.

Listing locations from realMLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Murray Hill commercial district~3 to 5 min · shops, dining, and the historic strip
Riverside / Avondale~5 to 10 min · historic districts and the river
Interstate 10~5 min · via Roosevelt or Cassat
Downtown Jacksonville~10 to 15 min · east via I-10 or Riverside Ave
St. Vincent's / Riverside hospitals~10 min · via Riverside Ave
NAS Jacksonville~15 to 20 min · south via US-17 or I-295
Jacksonville Int'l Airport (JAX)~25 to 30 min · north via I-95

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Murray Terrace Homes for Sale in Jacksonville, FL with Momentum Realty’s local guides.

Cedar Creek Landing Homes for Sale in Westside, FLCedar Creek Landing Homes for Sale in Westside, FLWestside, FL · adjacentHillcrest Homes for Sale in Jacksonville, FLHillcrest Homes for Sale in Jacksonville, FLJacksonville, FL · 0.5 miHPHyde Park Homes for Sale in Jacksonville, FLJacksonville, FL · 0.5 miFishweir Park Homes for Sale in Jacksonville, FLFishweir Park Homes for Sale in Jacksonville, FLJacksonville, FL · 0.5 miCrossroads Station Homes for Sale in Jacksonville, FLCrossroads Station Homes for Sale in Jacksonville, FLJacksonville, FL · 0.7 miMurray Hill Homes for Sale in Jacksonville, FLMurray Hill Homes for Sale in Jacksonville, FLJacksonville, FL · 0.7 miHyde Grove Homes for Sale in Jacksonville, FLHyde Grove Homes for Sale in Jacksonville, FLJacksonville, FL · 0.8 miLHLakeshore Homes for Sale in Jacksonville, FLJacksonville, FL · 0.9 miBRBeau Rivage Homes for Sale in Jacksonville, FLJacksonville, FL · 1.0 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Murray Terrace (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Duval County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Murray Terrace is served by Duval County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Murray Terrace address.

The takeaway

What actually affects Murray Terrace owners, sourced and dated. We do not publish rumor.

Recent Developments in Murray Terrace

Our read on what is being built around Murray Terrace, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThis is a built-out, established neighborhood, so the near-term factors are the durable demand for affordable near-urban homes around Murray Hill, the Duval County millage on the tax bill, and insurance on older homes, rather than any new construction.

Affordable, near-urban value around Murray Hill

BullishReasonably priced established homes minutes from the Murray Hill district, Riverside, and downtown support steady owner-occupant and renovator demand as the area draws interest. impact
SignificanceRadius: Murray Hill area (32205)

Affordable, near-urban value around Murray Hill

Duval County millage and tax-bill assessments

NeutralProperty taxes here follow the Duval County (City of Jacksonville) millage; a recent sale can reset the assessed value, so read the actual bill for the parcel. impact
SignificanceRadius: Jacksonville / Duval County

Duval County millage and tax-bill assessments

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

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 June 2026.

Showing the latest, scroll for all updates ↓

  1. 2024
    Taxes

    Duval County millage and property assessments

    Property taxes in Jacksonville are set by the Duval County (City of Jacksonville) millage and any non-ad-valorem line items, published by the Duval County Property Appraiser. Why it matters: Pull the actual parcel's tax bill and homestead status before you budget, and on a 1940s-era home get an insurance quote that reflects roof age and older construction. Source

Development alerts for Murray TerraceGet a short monthly email when something new is approved, funded, or opens near Murray Terrace.

A monthly email from Momentum Realty. Unsubscribe anytime. See our privacy and disclosures.

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.

If we were buying in Murray Terrace, this is the order of operations we would run, and the one we run for our clients.

1

Inspect the older systems and roof. On 1940s-era homes, the roof age, electrical, plumbing, and HVAC drive the renovation budget and the insurance quote; inspect before you commit.

2

Confirm documented updates. Verify any updates to systems and the shell, since they materially change comfort and insurability on older homes.

3

Read the actual Duval tax bill. Confirm the millage, homestead status, and any assessments for the parcel (Duval County Property Appraiser, 2024).

4

Confirm the exact school zoning. Verify the assigned Duval County Public Schools for the specific address with the district.

5

Comp within the Murray Hill area. Price the home against the closest same-size, similar-condition Murray Hill-area sale rather than a suburban comparison.

Best Buy
A structurally sound 1940s-era home with a newer roof and updated systems near the Murray Hill district, in a condition you have inspected.
Biggest Risk
Deferred maintenance and modernization cost on older homes, plus insurance on older construction.
Best Lot
Larger or corner lots and updated homes carry the premium; original-condition smaller homes are the value.
Smart Timing
Murray Terrace is an established, built-out neighborhood; pricing tracks condition and the specific home more than any community-wide trend.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Murray Terrace is an established single-family neighborhood in Jacksonville, Duval County, in the 32205 area near the Murray Hill historic district on the city's west side (neighborhoods.com, 2026). It dates to about 1941, with cozy, reasonably priced single-family homes from roughly 884 to 1,674 square feet, minutes from the Murray Hill commercial district, Riverside and Avondale, and downtown Jacksonville. As an established neighborhood of 1940s-era stock, the central buyer questions are condition, the roof and systems on an older home, any updates, the lot, the Duval County tax bill, and the exact school zoning.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: original-condition homes
$60K to $125K

Original-condition 1940s-era homes needing updates, the value end of Murray Terrace. Inspect the roof and systems and price the renovation before you write.

Lowest entry
Mid: updated character homes
$125K to $175K

Updated homes near the Murray Hill district, the core of the neighborhood. Condition, character, and lot separate these more than square footage does.

Most inventory
High: larger or fully renovated homes
$175K to $194K

Larger homes or fully renovated ones on the best lots set the neighborhood's ceiling. Updates and lot drive the premium; price each on its condition.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$60K to $125K
Entry: original-condition homes
Original-condition 1940s-era homes needing updates, the value end of Murray Terrace. Inspect the roof and systems and price the renovation before you write.
$125K to $175K
Mid: updated character homes
Updated homes near the Murray Hill district, the core of the neighborhood. Condition, character, and lot separate these more than square footage does.
$175K to $194K
High: larger or fully renovated homes
Larger homes or fully renovated ones on the best lots set the neighborhood's ceiling. Updates and lot drive the premium; price each on its condition.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Asking price per square foot
Renovated$234
Original$224
Median days on market
Renovated10
Original168

From current Murray Terrace listings (renovated 2, original 1); condition inferred from listing descriptions, asking not closed figures. The exact number depends on a specific home's updates, lot, and view, which is the read we do before you offer.

Jon Brooks, Momentum Realty
Operator Note

The trap here is a beautifully staged original-condition home. Staging is cheap; a roof, HVAC, and a full modernization are not. We price the real renovation before you fall for the listing photos, because in an all-resale market that number is the difference between a deal and the most expensive house on the street.

Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Intracoastal West locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Murray Terrace

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Murray Terrace sells affordable, established living minutes from the Murray Hill district and downtown. The location and the price are the value; the work is condition, the roof and systems on 1940s-era stock, the Duval tax bill, and the school zoning, not the brochure.

Jon Brooks · Founder, Momentum Realty
6.7B- · Buy Score
Resale Strength7.0/10
Renovation Risk5.4/10
Location Efficiency7.6/10
Long-Term Defensibility6.6/10
Carrying Cost Advantage7.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Murray Terrace is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live realMLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No automated estimate, no guesswork.

Live realMLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from realMLS; for orientation, not an appraisal.

15-Second Take
  • Larger or corner lots and updated homes carry the premium here.
  • Original-condition smaller homes are the value play.
  • Condition and roof age matter more than headline price; comp like-for-like.

In Murray Terrace, condition and the lot drive price more than floor plan, because the homes are similar 1940s-era designs near Murray Hill. Larger or corner lots and fully updated homes carry a premium, while original-condition smaller homes are the value play for renovators. Because this is older near-urban stock, the roof age and systems and the resulting insurance cost move the true all-in cost, so inspect first and comp a home against the closest same-condition Murray Hill-area sale.

Murray Terrace in 15 seconds.

Best forBuyers who want an affordable, established home near the Murray Hill historic district and will price for condition.
Strong onA near-urban location minutes from Murray Hill, Riverside, and downtown, and affordable 1940s-era stock with character.
WatchDeferred maintenance and modernization cost on older homes, and insurance on older construction.
Not forBuyers who want new construction, a large suburban lot, or a gated amenity community.
The edgeAffordable near-urban value minutes from the Murray Hill district and the Riverside and downtown core.

HOA, CDD & Fees

15-Second Take
  • There is generally no HOA here; confirm for the specific parcel.
  • Budget the Duval tax bill and an insurance quote tied to roof age and older construction.
  • Condition is the real cost driver on 1940s-era stock; inspect first.

Murray Terrace is an established single-family neighborhood and is generally not a fee-bearing HOA community. Confirm whether any deed restriction applies to the specific parcel before you assume one; the recurring costs to budget are the Duval County tax bill and an insurance quote that reflects the home's roof age and older construction.

If no association applies, there are no community dues; budget for taxes, insurance, and maintenance on an older home. Confirm any deed restrictions through the title work.

There is no golf or private club; this is an established near-urban single-family neighborhood. The proximity to Murray Hill, Riverside, and downtown is the draw.

The takeaway

Selling here is won on condition and view, not an automated estimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across the Jacksonville metro for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus the Jacksonville metro average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Murray Terrace, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Murray Hill, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Murray Terrace home worth?

Get a no-obligation home value based on real comparable sales in Murray Terrace matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Murray Terrace on the map →

Real comps, not an automated estimate.
>>>>>>> origin/main

Windows contain 1 to 11 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.

Median sale price · trailing 12 mo
$0$100K$200K20122014201620182020202220242026
Down 21.7% year over year.
Every sale since 2002 · price vs size
$0$100K$200K$300K1k2k2k
107 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $35 in 2012 to a $236 peak in 2023; $145 now.
Median days on market · closed sales
05010020122014201620182020202220242026
4 days at the 2017 low; 113 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
75.0% now.
Homes sold per 12-mo window
051020122014201620182020202220242026
1 to 11 a year; 7 in the current window.
Sellers who gave up · failed listings per year
0510200420082016202020242026
Canceled, expired, or withdrawn. 10 quit in 2009; 6 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201620182020202220242026
84 at the 2017 peak, 14 in the troughs, 14 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Duval County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$1,614/mo
Duval County typical true cost to own
$110/mo
Duval County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

28% 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 (2026-07-18).

Murray Terrace Market Scorecard

No active listings

Murray Terrace is currently a no active listings. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$150,000
Median sold
n/a
Per sqft
n/a
Days on mkt
0/1/7
Active/Pend/Sold

Typical home value in the 32205 ZIP is $258,719, about 14.5% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. 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 2026-07-14, priced high to low. Source: Data provided by realMLS. Tap any home to ask about it.

Listing locations from realMLS. Map data © OpenStreetMap, tiles © CARTO.

=======

Murray Terrace Market Scorecard

No active listings

Murray Terrace is currently a no active listings. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$150,000
Median sold
n/a
Per sqft
n/a
Days on mkt
0/1/7
Active/Pend/Sold

Typical home value in the 32205 ZIP is $258,719, about 14.5% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

>>>>>>> origin/main

If we were buying in Murray Terrace today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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.

Best Buy
Buyers focused on an entry-level price point in Duval County who are comfortable evaluating older construction one property at a time.
Biggest Risk
With zero active listings and only 7 closings in the window, pricing signals here are thin and can shift fast on a single sale.
Sweet Spot
Homes within the 1913-2024 build range that already have updated systems, where the renovation work is done.
Avoid If
You need a fast, predictable timeline — a median 113 days on market and a -21.7% year-over-year move mean this isn't a quick-turn corner.

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.

Jon Brooks · Founder, Momentum Realty
2.1D · Buy Score
Recent Direction0.6/10
Owner Commitment5.8/10
Pricing Power0.0/10

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 3 factors (2.1). Basis: Recent Direction -21.7% year-over-year; Owner Commitment 58% owner-occupied; Pricing Power 75.0% 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.

Best forBuyers focused on an entry-level price point in Duval County who are comfortable evaluating older construction one property at a time.
Biggest advantageA median price of $150,000 makes this one of the more accessible entry points in the county.
Biggest riskWith zero active listings and only 7 closings in the window, pricing signals here are thin and can shift fast on a single sale.
Sweet spotHomes within the 1913-2024 build range that already have updated systems, where the renovation work is done.
Avoid ifYou need a fast, predictable timeline — a median 113 days on market and a -21.7% year-over-year move mean this isn't a quick-turn corner.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

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.

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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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Murray Terrace?
The median sale price in Murray Terrace was $150K over the 12 months ending July 14, 2026 (7 closed sales, realMLS).
How long do homes in Murray Terrace take to sell?
Homes that closed in the 12 months ending July 14, 2026 took a median 113 days on market (7 sales, realMLS).
How many homes are in Murray Terrace?
The Florida DOR 2025 assessment roll shows 492 homes plus 6 vacant residential lots in Murray Terrace (public records).
What share of Murray Terrace is owner-occupied?
58% of Murray Terrace parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Murray Terrace built?
Homes in Murray Terrace were built between 1913 and 2024, with a median year built of 1944.0 (FL DOR 2025 roll).
Do cash buyers compete in Murray Terrace?
Cash buyers took 25% of Murray Terrace sales in the 12 months ending July 2025 (1 of 4 closings, realMLS).
Who is the best real estate agent for Murray Terrace?
The best agent for Murray Terrace is one who actively works Jacksonville and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Murray Terrace.
How do I find a top Jacksonville real estate agent who knows Murray Terrace?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Murray Terrace and the wider Jacksonville area.
Can Momentum Realty connect me with an agent for Murray Terrace?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Murray Terrace purchase or sale - no call center and no pressure.
Buyers working with a tighter budget who want to stay inside Duval CountyExcellent fit
Buyers willing to take on a home built decades ago and evaluate condition property by propertyExcellent fit
Investors comfortable with a slow-absorption market and a thin resale data setExcellent fit
Buyers who need move-in-ready systems and finishes without renovation workProbably not
Buyers on a tight closing timeline who can't absorb a long days-on-market waitProbably not
Buyers who want to lean on a deep set of recent comparable sales — the closings sample here is currently too small for thatProbably not

Nearby Communities

Explore more neighborhoods near Murray Terrace with Momentum Realty’s local guides.

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Data sources & freshness

Live listingsrealMLS, refreshed twice daily (last: July 14, 2026)
Community market statsrealMLS closed sales, 12-month windows ending July 14, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (9 streets, ZIP 32205/32207/32299))
Under-contract sharesrealMLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2002 (107 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.

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You just read the data. Now see what your home is worth.

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 your area comps.

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