Murphy, NC Housing Market

Homes for sale

The Murphy housing market is not very competitive. The median sale price of a home in Murphy was $540K last month, up 97.4% since last year. The median sale price per square foot in Murphy is $280, up 96.2% since last year.

Trends
Demand
Migration
Schools
Climate

Murphy Housing Market Trends

What is the housing market like in Murphy today?

$540K

Sale Price

+97.4%
since last year

$280

Sale $/Sq. Ft.

+96.2%
since last year

Under List Price

4.8%

Days on Market

118

Down Payment

—

Total Homes Sold

To compare other locations to the Murphy and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Murphy add value to a home.

How hot is the Murphy housing market?

Murphy is not very competitive. Homes sell in 118 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 118 days.
Hot homes
can sell for about 1% below list price and go pending in around 32 days.

Compare With Nearby Cities

Blairsville

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 50 days.
Hot homes
can sell for about 1% below list price and go pending in around 20 days.

Hiawassee

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 69 days.
Hot homes
can sell for about 1% below list price and go pending in around 15 days.

See more nearby cities and neighborhoods

Murphy Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Murphy that sold recently

Recently sold homes

SOLD JUN 26, 2025
$617,000 Last Sold Price
3 beds
3 baths
2,911 sq ft
540 Reserve Ests, Murphy, NC 28906
List Price
$629,000
Sale to List
2% under list
Days on Market
22 days
540 Reserve Ests, Murphy, NC 28906
SOLD JUN 26, 2025
$170,000 Last Sold Price
3 beds
2 baths
1,200 sq ft
461 Vandora Suites Rd, Murphy, NC 28906
List Price
$189,900
Sale to List
10% under list
Days on Market
205 days
461 Vandora Suites Rd, Murphy, NC 28906
SOLD JUN 26, 2025
$90,000 Last Sold Price
3 beds
1 bath
1,000 sq ft
8236 NC Hwy 294, Murphy, NC 28906
List Price
$100,000
Sale to List
10% under list
Days on Market
25 days
8236 NC Hwy 294, Murphy, NC 28906
SOLD JUN 26, 2025
$102,000 Last Sold Price
—beds
—baths
—sq ft
14.7 AC Sharing Lane/hwy 294 Unit MULTI, Murphy, NC 28906
List Price
$108,900
Sale to List
6% under list
Days on Market
162 days
14.7 AC Sharing Lane/hwy 294 Unit MULTI, Murphy, NC 28906
SOLD JUN 25, 2025
$15,000 Last Sold Price
—beds
—baths
—sq ft
0 Ten Pointe Trl, Murphy, NC 28906
List Price
$15,000
Sale to List
0% over list
Days on Market
12 days
0 Ten Pointe Trl, Murphy, NC 28906
SOLD JUN 25, 2025
$28,000 Last Sold Price
—beds
—baths
—sq ft
00 River Mountain Rd #86, Murphy, NC 28906
List Price
$34,000
Sale to List
18% under list
Days on Market
70 days
00 River Mountain Rd #86, Murphy, NC 28906
SOLD JUN 25, 2025
$265,000 Last Sold Price
2 beds
2.5 baths
—sq ft
386 Floyd Stalcup Rd, Murphy, NC 28906
List Price
$275,000
Sale to List
4% under list
Days on Market
350 days
386 Floyd Stalcup Rd, Murphy, NC 28906
SOLD JUN 25, 2025
$15,000 Last Sold Price
—beds
—baths
—sq ft
0 Ten Pointe Trl #78, Murphy, NC 28906
List Price
$15,000
Sale to List
0% over list
Days on Market
9 days
0 Ten Pointe Trl #78, Murphy, NC 28906
See all recently sold homes in Murphy.
See listings

Schools in Murphy

Learn about schools in the Murphy area

Elementary
Middle
High

GreatSchools Rating

7/10

Murphy Elementary

Public • PreK-5

536

Students

1 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Murphy housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Murphy.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Major

77% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Murphy

New Listings in Murphy

Zip Code Housing Markets

28906 Housing Market

Nearby City Housing Markets

Zip Code Listings

28906 Real Estate

Nearby City Listings

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