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All market snapshots / 28906

Murphy, NC 28906 Housing Market

Data snapshot: September 14, 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: 219219PendingPending 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): $335k$335kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in Murphy, NC
Distribution of 349 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $225k to $405k
$65k to $136k: 21 sales$65k$136k to $206k: 34 sales$206k to $277k: 73 sales73sales$206k$277k to $348k: 72 sales$348k to $418k: 55 sales$348k$418k to $489k: 43 sales$489k to $559k: 11 sales$489k$559k to $630k: 5 salesMedian $315k

What the numbers say

As of September 14, 2026, Resideline is tracking 219 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 $335,400, while the median of the 349 closed sales Resideline tracked over the last six months was $315,000. 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 101 days.

Frequently asked questions

What is the median home price in 28906?

The median closed sale price in Murphy, NC 28906 was $315,000 over the last six months, based on 349 closed sales tracked by Resideline. The middle half of those sales ranged from $225,000 to $405,000.

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

Resideline is currently tracking 22 pending sales against 219 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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