- 5 bd
- 4 ba
- 4,016 sqft

The average Murphy, TX home value is $579,553, down 3.6% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $579,553
1-Year Value Change: -3.6%
(Data through September 30, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The median home value in Murphy, TX is $579,553 as of September 2026. This represents a 0.4% increase compared to last month and a 3.6% decrease year-over-year.
Home values in Murphy, TX have increased by 0.4% month-over-month and 3.6% year-over-year.
The median home value in Murphy, TX ($579,553) compares to: Collin County ($477,505), Texas ($296,424), and the U.S. national median ($366,157).