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Murphy Market Report

$464,732

AVERAGE PRICE OF 251 HOMES

$209,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,561,099

AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

$430,435

AVERAGE PRICE OF 37 NEWLY BUILT HOMES

$926,225

AVERAGE PRICE OF 4 HOMES WITH A POOL

Average Home

Average Price $464,732
Avg Bedrooms 2.58 beds
Avg Bathrooms 2.64 baths

Average Price by Bedrooms

1 bedroom $453,400
2 bedrooms $380,160
3 bedrooms $541,356
4 bedrooms $782,576
5 bedrooms $1,750,000
Murphy Home Price Trends
  5/2026 4/2026 3/2026 2/2026 1/2026
Total Listings n/a 324 316 310 298
Average Price n/a $325,596 $327,324 $324,069 $333,980
Avg Price Change n/a -0.53% +1.00% -3.06% -0.16%
Median Price n/a $289,637 $287,011 $292,582 $292,378
Med Price Change n/a +0.91% -1.94% +0.07% +0.80%
Avg Bedrooms n/a 1.34 beds 1.29 beds 1.34 beds 1.37 beds
Avg Bathrooms n/a 1.31 baths 1.27 baths 1.29 baths 1.3 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hiwassee Dam 8 $729,593 41 days
Murphy 16 $454,831 36 days
Other 11 $586,609 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 251 $464,732 72 days
Distressed Homes 1 $209,000 54 days
Multi-Million Dollar Homes 9 $1,561,099 81 days
Newly Built Homes 37 $430,435 69 days
Homes with a Pool 4 $926,225 57 days

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