Murphy, NC Housing Market 2026: Median Home Price, Last 12 Months
What homes actually sell for in Murphy: a median closing price of $265,000 across 34 closings Resideline tracked over the last 12 months, plus the full price spread and a ZIP-level breakdown.
In a market the size of Murphy, individual sales move the needle. The figures below rest on 34 tracked closings over the last 12 months, so read them as the direction of the market rather than a precise price for any one street.
The snapshot
- •Closings tracked, last 12 months: 34
- •Median sold price, last 12 months: $265,000 (low-volume sample)
- •Median sold $/sqft, last 12 months: $192
- •Middle half of sales closed between: $205,000 and $360,000
What the numbers say
Resideline tracked 34 closed sales in Murphy over the last 12 months, with a median closing price of $265,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $205,000 and $360,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 100% of the Murphy closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well.
Figures last updated August 22, 2026 from closings Resideline tracked.
Median home price in Murphy, NC (August 2026)
The median home price in Murphy is $265,000, measured across the 34 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $205,000 and $360,000.
Where Murphy sale prices land
Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Murphy over the last 12 months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $205,000 and $360,000. Where your target property sits inside that spread matters more than the citywide median.
The Murphy angle
Murphy returned 34 closings in Resideline's 12-month sample, with a median of $265,000 and a middle half running from $205,000 to $360,000.The two sides of the middle range are close to balanced, with the lower side reaching slightly further, so judging your subject a little too generously costs about what judging it a little too harshly does.
Murphy market data by ZIP code
Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Murphy ZIP codes: 28906.
From market read to offer price
A thin market punishes generic pricing; the way to firm up a number here is the specific property and its handful of true comps. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,516+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Murphy address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Murphy, NC
Data updated: August 2026
Analysis period: last 12 months
Tracked closings: 34
Median sold price: $265,000
Median sold $/sqft: $192 (30 qualifying)
Property mix: 100% houses
https://resideline.com/blog/murphy-nc-housing-market
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records. This is a low-volume sample: treat the statistics as directional rather than precise estimates of the entire local market.
Every local market figure on this page is computed from closed sales Resideline tracked in Murphy over the last 12 months, and is refreshed when the data is. This is a low-volume market: the figures below rest on 34 closings inside the city limits, so treat the median as indicative rather than precise.
Frequently Asked Questions
What is the median home price in Murphy?
The median sold price in Murphy over the last 12 months is $265,000, measured across 34 closings Resideline tracked.
How many homes sold in Murphy last month?
Resideline tracked 2 closed sales in Murphy in July 2026, out of 34 closings tracked over the last 12 months. These are tracked samples of market activity, not official county totals.
What is the typical sale price range in Murphy?
The middle half of Murphy sales over the last 12 months closed between $205,000 and $360,000, with a median of $265,000.
What is the typical price per square foot in Murphy?
Among qualifying Murphy closings Resideline tracked over the last 12 months, the median sold price per square foot was $192, measured across 30 sales with usable living area. Median is used rather than average because outliers distort the mean.
Is Murphy's median a good starting point for an offer?
As a starting point yes, as an ending point no. The middle half of closings spans a range close to typical for the markets we track, which leaves a lot of legitimate space on either side of $265,000. Match closed comps on the attributes you can verify and let the median tell you only whether your answer is plausible for the city.
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