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All market snapshots / 28906

Murphy, NC 28906 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Murphy, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.77
ActiveActive listings: 8282PendingPending sales: 6363
Murphy, NC: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $382k$382kSoldMedian sold price (last 6 months): $318k$318k
What homes actually sell for in Murphy, NC
Distribution of 326 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $229k to $412k
$100k to $167k: 34 sales$100k$167k to $234k: 35 sales$234k to $300k: 66 sales66sales$234k$300k to $367k: 66 sales$367k to $434k: 48 sales$367k$434k to $501k: 28 sales$501k to $568k: 9 sales$501k$568k to $635k: 7 salesMedian $318k

What the numbers say

As of August 26, 2026, Resideline is tracking 82 active listings and 63 pending sales in ZIP code 28906. That pending-to-active ratio of 0.77 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $382,000, while the median of the 326 closed sales Resideline tracked over the last six months was $318,500. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 28906 has been on the market for 2 days.

Frequently asked questions

What is the median home price in 28906?

The median closed sale price in Murphy, NC 28906 was $318,500 over the last six months, based on 326 closed sales tracked by Resideline. The middle half of those sales ranged from $229,000 to $412,000.

Is 28906 a buyer's or seller's market?

Resideline is currently tracking 63 pending sales against 82 active listings in 28906, a pending-to-active ratio of 0.77. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 28906 currently looks like a seller's market.

Nearby ZIP code market data

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