Murphy TX Real Estate & Homes For Sale
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Buying a Home in Murphy TX: Frequently Asked Questions
How much do homes cost in Murphy TX?
Home values in Murphy, TX, as measured by the Zillow Home Value Index, came to $579,553 as of September 2026. That index reflects the value of all homes in the area, not only those currently on the market. The median list price of homes for sale is $604,500, which sits above the index figure.
Are home values going up or down in Murphy TX?
Murphy, TX saw home values decrease 3.6% over the past year, based on the September 2026 reading. The Zillow Home Value Index now stands at $579,553.
Is Murphy TX a buyer's or seller's market?
Murphy, TX is currently a strong buyer's market according to Zillow Market Temperature. That label generally means buyers have more time and negotiating room, since homes tend to sell more slowly and with less competition. Price cuts have been applied to 53.8% of current listings.
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