Market Overview
Home Prices in Murrayville, IL
The median home value in Murrayville, IL is $137,173 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.2% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Murrayville are priced67% below average. Murrayville is part of the Jacksonville, IL metro area.
Price History
Murrayville Home Price Trend
2024
$136,160
$136K
—
2025
$136,925
$137K
+0.6%
2026
$137,173
$137K
+0.2%
City Comparison
Murrayville vs. National Median
🏠 Murrayville
$137,173
National Median
$410,000
At $137,173, homes in Murrayville cost 67% below the national median of $410,000. This makes Murrayville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Murrayville?
20% Down Payment
$27,435
on $137,173
Monthly P&I
$715/mo
30-yr @ 6.8%
Total Monthly Est.
~$908/mo
incl. taxes & insurance
Income Needed
$36,320
gross annual (30% rule)
10% Down Option
$13,717
+ PMI applies
Loan Amount (20% dn)
$109,738
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Murrayville, IL?
The median home value in Murrayville is $137,173 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.2% year-over-year.
How much have home prices changed in Murrayville?
Over the past year, home values in Murrayville have increased by 0.2%.
How much do I need to earn to buy a home in Murrayville?
To comfortably afford the median home price of $137,173 with a 20% down payment ($27,435) at today's rates (6.8%), you'd need a gross annual income of approximately $36,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Murrayville compare to the national average home price?
The national median home value is approximately $410,000. At $137,173, homes in Murrayville are 67% below the national average.
What metro area is Murrayville part of?
Murrayville is part of the Jacksonville, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.