$474,900
1,456 SqFt
2 Beds
•2 Full Baths
Listing Office: REMAX Town & Country - Murphy
November 2024
Report Updated 2 Days Ago
Is Murphy, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Murphy was a Seller's Market.
How much do homes in Murphy, NC cost?
$330,500
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in Murphy was $330,500 in November 2024, up 1.7% from last year, and the median price per square foot was $254.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $177.5K | $195K | +9.9% |
2 Bedrooms | $317.5K | $316K | -0.5% |
3 Bedrooms | $382.5K | $419.9K | +9.8% |
4 Bedrooms | $421.5K | $432.5K | +2.6% |
5+ Bedrooms | $377.5K | $434.4K | +15.1% |
Summary: Murphy housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.9%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 15.1%.
Murphy | $325K | $330.5K | +1.7% |
Murphy Township | $325K | $330.5K | +1.7% |
How many homes are available in Murphy, NC?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
190 | 219 | +15.3% |
Summary: The Murphy real estate market had 219 homes for sale in November 2024, a 15.3% increase compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 17 | 18 | +5.9% |
2 Bedrooms | 96 | 111 | +15.6% |
3 Bedrooms | 68 | 80 | +17.6% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Murphy housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Murphy in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in Murphy, NC?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
202 Days | 59 Days | -70.7% |
Summary: Homes in Murphy had an average of 59 days on market in Nov 2024, down by 70.7% compared to last year.
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During November 2024, 3 homes were sold in Murphy; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 2 Days Ago
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Based on information from Northeast Georgia MLS, Georgia MLS, Canopy MLS, and First Multiple Listing Service Inc. for the period 12/01/2022 - 12/01/2024
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Northeast Georgia Board of REALTORS ® Multiple Listing Service. © Copyright 2024. All rights reserved. This information is being provided for the consumers' personal, use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily; however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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