Housing Prices in Murphy, TX
How much do homes in Murphy, TX cost?
Median List Price
$615,000
$196/sqft
Based on all homes listed in the last 12 months.
Difference Since February 2023
Summary: The median home list price in Murphy was $615,000 in February 2024, up 7.1% from the previous year, and the median price per square foot was $196.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $449.9K | $477K | +6.0% |
4 Bedrooms | $563K | $574.9K | +2.1% |
5+ Bedrooms | $727.4K | $754.9K | +3.8% |
Summary: Murphy housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 3.8%.
Median List Price Compared To Nearby Cities
Parker | $1.0M | $1.1M | +10.8% |
Wylie | $464.8K | $499.9K | +7.5% |
Murphy | $574.2K | $615K | +7.1% |
Richardson | $442.8K | $464.1K | +4.8% |
Sachse | $455.3K | $475K | +4.3% |
Housing Supply in Murphy, TX
How many homes are available in Murphy, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
38 | 46 | +21.1% |
Summary: The Murphy real estate market had 46 homes for sale in February 2024, a 21.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 9 | +50.0% |
4 Bedrooms | 21 | 21 | 0.0% |
5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The Murphy housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 45.5%.
Days on Market for Murphy, TX
How long does it take to sell a home in Murphy, TX?
Average Listing Age
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
54 Days | 49 Days | -10.0% |
Summary: Homes in Murphy had an average listing age of 49 days in Feb 2024, down by 10% compared to the previous year.