Start Free
All market snapshots / 28906

Murphy, NC 28906 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
Murphy, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.04
ActiveActive listings: 5353PendingPending sales: 5555
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): $375k$375kSoldMedian sold price (last 6 months): $310k$310k
What homes actually sell for in Murphy, NC
Distribution of 316 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $218k to $395k
$50k to $126k: 17 sales$50k$126k to $202k: 36 sales$202k to $279k: 52 sales$202k$279k to $355k: 89 sales89sales$355k to $431k: 47 sales$355k$431k to $508k: 26 sales$508k to $584k: 8 sales$508k$584k to $660k: 10 salesMedian $310k

What the numbers say

As of July 18, 2026, Resideline is tracking 53 active listings and 55 pending sales in ZIP code 28906. That pending-to-active ratio of 1.04 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $375,000, while the median of the 316 closed sales Resideline tracked over the last six months was $310,000. 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 $310,000 over the last six months, based on 316 closed sales tracked by Resideline. The middle half of those sales ranged from $218,000 to $395,000.

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

Resideline is currently tracking 55 pending sales against 53 active listings in 28906, a pending-to-active ratio of 1.04. 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.

Run any 28906 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.