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All market snapshots / 28906

Murphy, NC 28906 Housing Market

Data snapshot: August 3, 2026. Closed-sale window: last 6 months.
Murphy, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.00
ActiveActive listings: 6666PendingPending sales: 6666
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): $380k$380kSoldMedian sold price (last 6 months): $310k$310k
What homes actually sell for in Murphy, NC
Distribution of 312 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $218k to $410k
$48k to $123k: 16 sales$48k$123k to $197k: 34 sales$197k to $272k: 50 sales$197k$272k to $346k: 85 sales85sales$346k to $421k: 44 sales$346k$421k to $496k: 35 sales$496k to $570k: 9 sales$496k$570k to $645k: 9 salesMedian $310k

What the numbers say

As of August 3, 2026, Resideline is tracking 66 active listings and 66 pending sales in ZIP code 28906. That pending-to-active ratio of 1.00 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $379,750, while the median of the 312 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 312 closed sales tracked by Resideline. The middle half of those sales ranged from $218,000 to $410,000.

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

Resideline is currently tracking 66 pending sales against 66 active listings in 28906, a pending-to-active ratio of 1.00. 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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