Brokers — List your Company Here
Featured local agent — Murchison, TX
Sarah Mitchell
Compass Real Estate · Murchison, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Murchison, TX Housing Market
The typical home in Murchison, TX is worth $248,587, rose 2.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $183,500 (through May 2026). With homes going under contract in about 365 days, Murchison is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $248,587 home is about $1,327/mo in principal and interest.
Key numbers for Murchison, TX
Typical home value
$248,587
+2.3% in 12 months
Zillow, August 2026
Median sale price
$183,500
Last published period
Redfin, through May 2026
Days on market
365
Slow-moving
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$56,750
Home costs 4.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.2%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Murchison a buyer's or seller's market?
Murchison, TX is a leaning buyer's and homes selling in about 365 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Murchison housing market data show?
Every row below is Redfin's final published month for Murchison, TX. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $183,500 |
| Median price per sq ft | $156/sq ft |
| Median days on market | 365 days |
| Sale-to-list price ratio | 99.2% |
| Homes sold (that month) | 1 |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Murchison is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Murchison is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Murchison home prices moved?
Across the 28 months we hold for Murchison, TX, the median sale price rose 115.9%, from $85,000 in April 2021 to $183,500. The live Zillow value series has rose 2.3% in the last 12 months, which is the more current read now that Redfin's series has stopped.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
Get Murchison market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Murchison?
Priced off the typical home value of $248,587 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $49,717 | $198,869 | $1,327/mo |
| 5% | $12,429 | $236,157 | $1,576/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,327, that implies roughly $56,875 a year before you add taxes and insurance. The median household in Murchison earns $56,750, about $125 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.4x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Murchison in the next 12 months?
Tell us your timeline. We send the Murchison market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Murchison?
Zillow does not publish a rent index (ZORI) for Murchison, TX, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Murchison?
Active listings in Murchison, TX went from 2 in August 2023 to 1 in March 2026, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| December 2023 | 2 | 1 |
| February 2024 | 2 | 1 |
| April 2024 | 2 | not published |
| August 2024 | 3 | 1 |
| October 2024 | 4 | 1 |
| March 2025 | 4 | 1 |
| April 2025 | 4 | not published |
| June 2025 | 4 | not published |
| September 2025 | 2 | not published |
| December 2025 | 1 | not published |
| February 2026 | 1 | not published |
| March 2026 | 1 | not published |
Redfin, through March 2026
How does Murchison compare to Texas and the U.S.?
Murchison homes sell for $183,500 — 48% below the Texas median of $356,100. Against the national median of $410,700, Murchison runs 55% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Murchison, TX | $183,500 | not published | 365 days |
| Texas statewide | $356,100 | +2.1% | 56 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Murchison
What buyers should watch
- The gap between 5% and 20% down here is $249 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $248,587 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Murchison listing goes under contract in 365 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.2% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Your equity moved +2.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Murchison varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Murchison
Explore homes currently listed for sale in Murchison, Texas across major real estate platforms.
How much do homes cost in Murchison by property type?
How the Murchison, TX market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $183,500 | $156/sq ft | 1 | 365 days |
Who lives in Murchison?
American Community Survey estimates for Murchison. U.S. Census ACS, 2023
Population
516
Households
188
Median income
$56,750/yr
Median age
33.6 years
Owner-occupied
65.4%
Median home value
$134,400
Median gross rent
$992/mo
Mean commute
29.8 min
65.4% of occupied homes in Murchison are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $134,400 against Zillow's $248,587 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Murchison?
1 schools tracked · 170 students
The largest public schools serving Murchison, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MURCHISON EL
Grades PK-8 · 170 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Murchison, TX?
Ordered by distance from Murchison, not by size. Compare Murchison side by side with any of them.
Murchison housing market FAQ
Is Murchison a buyer's or seller's market?
Murchison, TX is currently a leaning buyer's based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Murchison?
The typical home in Murchison, TX is worth $248,587 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $183,500, about $156 per square foot.
Is Murchison cheaper than the rest of Texas?
Murchison's median sale price of $183,500 is 48% lower than the Texas statewide median of $356,100, and 55% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Murchison?
Homes in Murchison, TX spent a median of 365 days on market before going under contract, versus 56 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Murchison?
At the current 30-year fixed rate of 7.03%, 20% down on a $248,587 home is about $1,327 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $56,875 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $56,750.
Are home prices rising in Murchison?
The typical home value in Murchison, TX rose 2.3% over the last 12 months, from $242,987 to $248,587 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Murchison?
Murchison ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Murchison?
That depends on your timeline, not on a headline. What the data says today: Murchison, TX is a leaning buyer's, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Murchison, TX
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Murchison
Nearby markets
Get the Murchison market brief
Get the Murchison, TX market brief
One email: what homes are actually clearing at around $248,587, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.