Murphy Real Estate Market
The median sale price for homes in Murphy over the last 12 months is $95,000.
The median mortgage debt is $64,032.
The price per square foot for listings in this area is $55.
The median sale price in January for single family homes is $75,000. The sale prices dropped by -39.51% from the previous month.
The price per square foot for sales in this area is $73.
The number of active listings in Murphy increased by 7% from the previous month.
The median number of days active properties have been listed is 110.
The number of sales in January dropped by 84.4% from the previous month.
Murphy has a high % of unoccupied properties. It is 7.65% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in Murphy is 17.07% below the national average.
The percent of rental properties in Murphy is 12.22% above the national average which is typical for urban areas.
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