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Murphy, NC 28906 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Murphy, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 191191PendingPending sales: 1414
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): $399k$399kSoldMedian sold price (last 6 months): $297k$297k
What homes actually sell for in Murphy, NC
Distribution of 355 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $218k to $393k
$50k to $116k: 8 sales$50k$116k to $181k: 41 sales$181k to $247k: 56 sales$181k$247k to $312k: 70 sales70sales$312k to $378k: 63 sales$312k$378k to $444k: 49 sales$444k to $509k: 25 sales$444k$509k to $575k: 8 salesMedian $297k

What the numbers say

As of October 26, 2026, Resideline is tracking 191 active listings and 14 pending sales in ZIP code 28906. That pending-to-active ratio of 0.07 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $399,000, while the median of the 355 closed sales Resideline tracked over the last six months was $297,000. 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 143 days.

Frequently asked questions

What is the median home price in 28906?

The median closed sale price in Murphy, NC 28906 was $297,000 over the last six months, based on 355 closed sales tracked by Resideline. The middle half of those sales ranged from $218,000 to $393,000.

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

Resideline is currently tracking 14 pending sales against 191 active listings in 28906, a pending-to-active ratio of 0.07. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 28906 is currently a typical-pace market.

Nearby ZIP code market data

Full Murphy, NC housing market report →

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