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Featured local agent — Murphy, MO
Sarah Mitchell
Compass Real Estate · Murphy, MO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Murphy, MO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$262,500median sale price
How is the Murphy, MO housing market right now?
The median home sale price in Murphy, MO is $262,500, up 26.5% year-over-year. Homes sell in an average of 2 days with 4 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Murphy a buyer's or seller's market?
Murphy, MO is currently a strong seller's market, based on 0.6 months of supply and homes selling in about 2 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
2
Fast-moving
Active listings
4
0.6 months supply
Sale-to-list
101.6%
Above asking
What does the Murphy housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $262,500 |
| Median list price | $249,000 |
| Year-over-year price change | +26.5% |
| Average days on market | 2 days |
| Active inventory | 4 listings |
| Months of supply | 0.6 months |
| Sale-to-list price ratio | 101.6% |
| Median price per sq ft | $181/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 7 |
| Listings with a price cut | 25.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Murphy by property type?
How the Murphy, MO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $262,500 | $181/sq ft | 7 | 2 days |
Source: Redfin · Updated monthly
The Murphy housing market is currently classified as a strong seller's market with a median sale price of $262,500. Prices have risen 26.5% compared to last year, with homes spending an average of 2 days on market, indicating 0.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Murphy
There are currently 4 homes listed for sale in Murphy, Missouri. The median listing price is $249K.
Active listings
4
Homes on market
Median list price
$249K
Avg. days on market
2
Days until sale
New this week
7
Newly listed
Who lives in Murphy?
Population
8,566
Median income
$73,373/yr
Median age
36.7 years
Owner-occupied
80.2%
College grads
20.5%
Avg commute
25.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Murphy?
Murphy is a community of approximately 9K residents with a median age of 36.7 years.The median household income is $73,373, which represents a working-class community with solid middle-income opportunities. 20.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Murphy offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Murphy, MO?
Want a head-to-head view? Compare Murphy side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Murphy?
The median home sale price in Murphy is $262,500, up 26.5% from last year.
How long do homes stay on market in Murphy?
Homes typically spend 2 days on market before going under contract.
What is the median income in Murphy?
The median household income is $73,373 per year.
Is Murphy a buyer's or seller's market?
With 0.6 months of supply, Murphy is currently a strong seller's market.
How much does a single-family home cost in Murphy?
The median single-family home price in Murphy, MO is $262,500 (about $181 per square foot).
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