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Murphy, NC 28906 Housing Market

Data snapshot: September 10, 2026. Closed-sale window: last 6 months.
Murphy, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 223223PendingPending sales: 2222
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): $350k$350kSoldMedian sold price (last 6 months): $318k$318k
What homes actually sell for in Murphy, NC
Distribution of 345 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $225k to $410k
$100k to $166k: 35 sales$100k$166k to $232k: 39 sales$232k to $299k: 68 sales68sales$232k$299k to $365k: 68 sales$365k to $431k: 53 sales$365k$431k to $498k: 32 sales$498k to $564k: 9 sales$498k$564k to $630k: 5 salesMedian $318k

What the numbers say

As of September 10, 2026, Resideline is tracking 223 active listings and 22 pending sales in ZIP code 28906. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $349,900, while the median of the 345 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. Resideline has been seeing the median active listing in 28906 for 97 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 345 closed sales tracked by Resideline. The middle half of those sales ranged from $225,000 to $410,000.

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

Resideline is currently tracking 22 pending sales against 223 active listings in 28906, a pending-to-active ratio of 0.10. 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 balanced market.

Nearby ZIP code market data

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