Murray Hill Real Estate Market Trends

Market Overview for April, 2026


Median Sale Price

$755K

15.3% YoY


Median Price/Sqft

$827

-37.8% YoY


No. of Transactions

38

35.7% YoY

Queens Median Sale Price

$610K

3% YoY

What is the median sale price and median price per sq ft in Murray Hill?
As of April, the median home sale price in Murray Hill was $755K, up 15.3% year-over-year. A total of 38 properties traded, representing a 35.7% year-over-year increase. The median price per square foot in April was $827, a -37.8% YoY change. The median home sale price in Queens was $610K.

Murray Hill Median Sale Price

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Median Sale Price Per Square Feet

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Real Estate Transactions in Murray Hill

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Top most expensive neighborhoods in Queens

Murray Hill median price compared with other neighborhoods in Queens

Property values in Murray Hill are lower compared to the borough of Murray Hill overall.




Murray Hill median price compared with all the neighborhoods in Queens

Neighborhood Borough Median Sale Price
Jamaica Estates Queens $1,375,000
East Flushing Queens $1,250,000
Auburndale Queens $1,095,000
Fresh Meadows Queens $1,070,000
Belle Harbor Queens $1,020,000
Hunters Point Queens $987,499
Rockwood Park Queens $950,000
Whitestone Queens $913,912
Middle Village Queens $906,000
Bayside Queens $900,484
Glendale Queens $840,000
Ridgewood Queens $813,000
Bellerose Queens $805,000
South Astoria Queens $794,500
Cambria Heights Queens $778,000
Douglaston Queens $765,000
Brookville Queens $762,500
Floral Park Queens $755,000
Richmond Hill Queens $751,000
Queens Village Queens $750,000
South Ozone Park Queens $740,000
Woodhaven Queens $738,800
Old Astoria Queens $728,887
Hollis Queens $700,000
Ozone Park Queens $697,500
Rochdale Queens $689,000
College Point Queens $687,448
LIC Queens $685,000
Breezy Point Queens $675,000
Saint Albans Queens $660,000
Rosedale Queens $655,000
Springfield Gardens Queens $640,819
Laurelton Queens $640,000
Broad Channel Queens $635,000
Maspeth Queens $620,000
Downtown Flushing Queens $613,896
East Elmhurst Queens $595,000
Ditmars - Steinway Queens $565,110
Murray Hill Queens $532,500
Bay Terrace Queens $515,000
Rockaway Beach Queens $495,000
Sunnyside Queens $486,250
Jamaica Queens $477,450
Forest Hills Queens $452,500
Astoria Heights / Upper Ditmars Queens $442,500
Corona Queens $440,000
Rego Park Queens $436,010
Pomonok Queens $425,000
Arverne Queens $420,500
Woodside Queens $412,000
Rockaway Park Queens $410,000
Jackson Heights Queens $392,500
Glen Oaks Queens $386,400
Hollis Hills Queens $370,000
Little Neck Queens $357,000
Elmhurst Queens $348,000
Kew Gardens Hills Queens $345,000
Kew Gardens Queens $336,500
Oakland Gardens Queens $312,500
Briarwood Queens $305,000
Lindenwood Queens $240,000
Jamaica Hills Queens $185,000

Residential Properties Sold in Murray Hill

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $934K -29.2% $1K -27% 18
Coops $352K -29.1% $861 10.7% 21
Houses $1.3M 14.7% $786 19.7% 7

The median house sale price in Murray Hill in April was $1.3M, up 14.7% year-over-year. Conversely, median condo prices in Murray Hill trended down 29.2% year-over-year to $934K. Median coop sale price in Murray Hill were $352K, a change of -29.1% year-over-year.

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Murray Hill Neighborhood Guide

Quaker merchant Robert Murray called his mid-18th century estate "Belmont." New Yorkers just called it "Murray Hill." The townsfolk won. When developers arrived centuries later they found a provision injected into the old deed known as the "Murray Hill Restrictive Agreement" barring any commercial fouling of their cherished 25 acres. And so the neighborhood became filled with residences. Originally they were strictly upper crust, but by the end of the 1900s Murray Hill had become a magnet for recent graduates and young professionals climbing the corporate ladder. Recently those hard-charging renters have begun to stay in Murray Hill and put down roots, attracted by the convenient location, tree-lined streets and charming mix of elegant townhouses and modern residential towers.

Architecture and landmarks

Murray Hill was the stomping ground of legendary financier John Pierpont Morgan. He commissioned a library in the 200 block of Madison Avenue for his beloved books and manuscripts and Charles McKim delivered one of the city's most beautiful buildings to house the collection. The stones are so perfectly cut they required no mortar to fit together. Around the corner his son, J.P. Morgan Jr., built a magnificent Italianate townhouse. On Fifth Avenue are the homes of Tiffany & Company, B. Altman & Company and the world's most famous skyscraper, the Empire State Building. The Art Deco masterpiece has been declared one of the Seven Wonders of the Modern World and is a fixture atop the annual list of America's Favorite Architecture. On a less grand scale, the Sniffen Court Historic District on East 36th Street is a charming grouping of ten Romanesque Revival stables from the mid-1800s that have been converted into fashionable residences.

Transport

The arrival of the Second Avenue subway has made public transportation more convenient in the neighborhood. On top of that, the 4, 5 and 6 subway lines that rumble under Park Avenue have stops in Murray Hill. The crosstown 7 line is at 42nd Street. Grand Central Terminal, about nine blocks to the north is a major subway hub. A platoon of buses is available and an express service operates on both First and Second avenues. The Queens-Midtown Tunnel that surfaces in the neighborhood provides easy access to Long Island City.

Schools

Students from PK to 5th grade attend P.S. 116, the Mary Lindley Murray School, on East 33rd Street, and P.S. 281, the River School, which opened its doors in 2013. Options for older students include the Murray Hill Academy and The Churchill School and Center in Kips Bay that is a private co-ed day school.

Health

Neighborhood residents can receive emergency attention at CityMD on 37th Street, a walk-in clinic with no appointment necessary. Another walk-in facility is available on Lexington Avenue at the Midtown New York Doctors Urgent Care. The Ambulatory Care Center branch of the NYU Langone Medical Center offers a full range of outpatient services for adults and children.

Safety

Murray Hill has long been known as one of the safest neighborhoods in New York City. It is under the oversight of the 17th Precinct, which reported 12.64 crimes per 1,000 residents in 2016.

Things to do

Murray Hill is well stocked with approachable bars and restaurants catering to the first-paycheck crowd. Irish pubs are well-represented around here, with staples such as Peter Dillon's Pub, Mulligan's and Muldoon's pubs open into the late hours for lovers of beer and no-frills grub.

The Jazz Standard, just south of Murray Hill, is one of New York's biggest jazz clubs and Mondays are always turned over to a celebration of Charles Mingus. Aspirational upscale shopping is available along Park Avenue. The Morgan Library and Museum serves up a steady stream of exhibitions, educational programs, films and concerts for visitors. So does the Scandinavia House on Park Avenue, although with a decidedly more Nordic bent.

The Jazz Standard, just south of Murray Hill, is one of New York's biggest jazz clubs and Mondays are always turned over to a celebration of Charles Mingus. Aspirational upscale shopping is available along Park Avenue. The Morgan Library and Museum serves up a steady stream of exhibitions, educational programs, films and concerts for visitors. So does the Scandinavia House on Park Avenue, although with a decidedly more Nordic bent.