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Murphy, NC 28906 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Murphy, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 204204PendingPending sales: 1313
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): $389k$389kSoldMedian sold price (last 6 months): $300k$300k
What homes actually sell for in Murphy, NC
Distribution of 370 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $220k to $395k
$75k to $135k: 20 sales$75k$135k to $194k: 30 sales$194k to $254k: 63 sales$194k$254k to $314k: 64 sales64sales$314k to $374k: 61 sales$314k$374k to $434k: 55 sales$434k to $493k: 29 sales$434k$493k to $553k: 11 salesMedian $300k

What the numbers say

As of October 5, 2026, Resideline is tracking 204 active listings and 13 pending sales in ZIP code 28906. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $389,450, while the median of the 370 closed sales Resideline tracked over the last six months was $300,000. 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. Resideline has been seeing the median active listing in 28906 for 122 days.

Frequently asked questions

What is the median home price in 28906?

The median closed sale price in Murphy, NC 28906 was $300,000 over the last six months, based on 370 closed sales tracked by Resideline. The middle half of those sales ranged from $219,800 to $395,000.

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

Resideline is currently tracking 13 pending sales against 204 active listings in 28906, a pending-to-active ratio of 0.06. 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

Full Murphy, NC housing market report →

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