Home Sales Low in Murphy Real Estate Market

Hitting a record low dating back to April, 21 homes were sold in the Murphy market over the last 30 days. This represents a 12.5% decrease in sales activity. When comparing other close-by municipalities within the same period, the most came from Dallas with 917 sales. The median sales price dropped to $370,000, down from last week's $377,500. In spite of sales trending lower, there are only three months of inventory available, which signals that Murphy is a still seller's market.

Looking to move to Murphy, but at an economical price? You may want to start with these low-cost listings:

$249K   $267K   $277K  

Get started right now by checking out Murphy homes for sale or reviewing Murphy real estate trends.

Demographic facts for Murphy:

  • The total number of vacant homes in the area is 2.4%.
  • This area usually gets 234 sunny days each year. (U.S. average: 205)
  • Job market growth came in at 1.32% last year.
  • The student per librarian ratio in this area is 454:1. (803:1 = national average)

Data reported through 10/12/2016


Ask a local expert about this area:
Halo Group Realty
Snapped 9 homes in this area
Nord Realty
Snapped 161 homes in this area
Red Phone Real Estate
Snapped 4 homes in this area

Agents that specialize in this area
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