Murphy's median sale price was $639,555 in the three months ending October 2026, up 13.2% from a year earlier. With 5.0 months of supply, Murphy is a balanced market. Homes took a median of 56 days to sell and closed at 97.5% of list price.
With 5.0 months of supply in October 2026, Murphy is a balanced market. Months of supply is how long the homes for sale would last at the current pace of sales. How this page defines it: under 4 months of supply is a seller's market, 4 to 6 months is balanced, and over 6 months is a buyer's market.
Ben's take: “At 5.0 months of supply, Murphy is balanced. Homes are taking a median of 56 days, so I price against what actually sold in the last 90 days, not against what's listed.”Ben Jimenez, Real Estate Agent, Real Broker, LLC
The median sale price went from $649,500 in November 2024 to $639,555 in October 2026. Hover a month to see its value.
| Month | Median sale price | Homes sold | Median days on market | Sale-to-list | Months of supply |
|---|---|---|---|---|---|
| October 2026 | $639,555 | 48 | 56 | 97.5% | 5.0 |
| September 2026 | $647,500 | 50 | 52 | 97.8% | 4.2 |
| August 2026 | $631,750 | 48 | 47 | 97.3% | 4.2 |
| July 2026 | $593,950 | 48 | 43 | 97.9% | 5.0 |
| June 2026 | $607,900 | 55 | 41 | 97.6% | 4.2 |
| May 2026 | $585,000 | 52 | 43 | 97.8% | 3.5 |
| April 2026 | $580,000 | 41 | 48 | 97.3% | 3.4 |
| March 2026 | $580,000 | 31 | 73 | 98.0% | 5.6 |
| February 2026 | $622,500 | 32 | 83 | 97.4% | 4.3 |
| January 2026 | $661,000 | 35 | 73 | 97.2% | 4.5 |
| December 2025 | $668,000 | 32 | 72 | 96.8% | 4.7 |
| November 2025 | $589,000 | 35 | 92 | 96.5% | 4.9 |
Each row is the three months ending that month (Redfin city data is reported as rolling three-month windows), all residential.
There were about 78 homes for sale in Murphy at the end of October 2026, 5.0 months of supply. Homes sold for 97.5% of list price on average. On a home at the $639,555 median, that works out to about $16,200 under asking. 11% of homes sold above list price. 53% of the homes for sale had been on the market more than 60 days. Those are the ones with room to negotiate.
The median Murphy home took 56 days to sell, 23 days faster than a year earlier. In the three months ending October 2026, 69 new listings came on the market and 48 homes sold. Inventory was up 21.9% from a year earlier. 24% of homes went under contract within two weeks. The median sale price was up 13.2% year over year, so price against recent sales, not last year's.
The median sale price in Murphy was $639,555 in the three months ending October 2026, based on 48 home sales (Redfin, all residential).
The median sale price was up 13.2% from a year earlier and down 1.5% from November 2024, when it was $649,500.
Murphy is a balanced market with 5.0 months of supply as of October 2026. Under 4 months is a seller's market, 4 to 6 is balanced, and over 6 is a buyer's market. Ben Jimenez, a real estate agent with Real Broker, LLC, updates this report every month.
Homes in Murphy took a median of 56 days to sell in the three months ending October 2026, 23 days faster than a year earlier.
On average Murphy homes sold for 97.5% of list price, and 11% sold above list.
Book a call with Ben Jimenez, Real Estate Agent with Real Broker, LLC, call or text 469-730-6895, or get a free home value.
Source: Redfin Data Center, October 2026 data, all residential, as of November 3, 2026. Each month is Redfin's rolling three-month window ending that month, not seasonally adjusted. Information deemed reliable but not guaranteed. Updated November 11, 2026.