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Featured local agent — Murphy, MO

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Murphy, MO

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Murphy, MO(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Murphy, MO Housing Market & Real Estate

Strong seller's market+26.5% YoY

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?

Strong seller's market0.6 months of supply2 avg. days on 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?

Current housing market statistics for Murphy, MO
MetricValue
Median sale price$262,500
Median list price$249,000
Year-over-year price change+26.5%
Average days on market2 days
Active inventory4 listings
Months of supply0.6 months
Sale-to-list price ratio101.6%
Median price per sq ft$181/sq ft
Homes sold (latest month)7
New listings (latest month)7
Listings with a price cut25.0%
Market conditionStrong 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.

Median price, price per square foot, homes sold and days on market by property type in Murphy, MO
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$262,500$181/sq ft72 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

Price drops:25.0%of listings
Sale-to-list:101.6%

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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