$8,016 Closing Credit*
$675,000
3,622 SqFt
5 Beds
•4 Full Baths
Christie Cannon, Listing Office: Keller Williams Frisco Stars
Housing Prices in Murphy, TX
How much do homes in Murphy, TX cost?
Median List Price
$607,500
$198/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$8,500(+1.4%)
Key Takeaway
The list price of homes in Murphy has increased by 1.4% since last year.
Summary: The median home list price in Murphy was $607,500 in November 2024, up 1.4% from the previous year, and the median price per square foot was $198.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $459K | $467.5K | +1.9% |
| 4 Bedrooms | $569.9K | $599.9K | +5.3% |
| 5+ Bedrooms | $699K | $719.9K | +3.0% |
Summary: Murphy housing prices by bedroom type for November 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 1.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 3%.
Median List Price Compared To Nearby Cities
| Parker | $1.1M | $1.2M | +8.9% |
| Richardson | $450K | $465.1K | +3.4% |
| Murphy | $599K | $607.5K | +1.4% |
| Sachse | $469.7K | $469.9K | 0.0% |
| Wylie | $496.7K | $474.9K | -4.4% |
Housing Supply in Murphy, TX
How many homes are available in Murphy, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 61 | -9.0% |
Summary: The Murphy real estate market had 61 homes for sale in November 2024, a 9.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 30 | 27 | -10.0% |
| 5+ Bedrooms | 27 | 24 | -11.1% |
Summary: The Murphy housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 11.1%.
Days on Market for Murphy, TX
How long does it take to sell a home in Murphy, TX?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 113 Days | 105 Days | -6.8% |
Summary: Homes in Murphy had an average listing age of 105 days in Nov 2024, down by 6.8% compared to the previous year.
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