Murphy Housing Market Report December 2024•Jefferson County, Missouri

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Housing Prices in Murphy, MO

How much do homes in Murphy, MO cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$265,000$151/SqFt

Based on all homes listed in the last 12 months

Insight

The list price of homes in Murphy has remained the same since last year.

Summary: The median home list price in Murphy was $265,000 in December 2024, the same as the previous year, and the median price per square foot was $151.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
South County
+10.0%
Murphy
0.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
2$125.9K$155K
+23.1%
5$399.9K$469.4K
+17.4%
1--
N/A
3$255K$249.9K
-2.0%
4$387.3K$337.4K
-12.9%

Summary: Murphy housing price by bedroom type for December 2024, compared to the previous year. The home price for 2 bedroom homes increased by +23.1%. The home price for 5 bedroom homes increased by +17.4%. The home price for 1 bedroom homes did not change. The home price for 3 bedroom homes decreased by -2.0%. The home price for 4 bedroom homes decreased by -12.9%.

Housing supply in Murphy, MO

How many homes are available in Murphy, MO?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
21Last MonthDec 2024
272 months agoNov 2024
-22.2 %
Change MoMNov – Dec

Summary: The Murphy real estate market had 21 homes for sale in Dec 2024, a 22.2 % decrease compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
221
-50.0%
532
-33.3%
100
0.0%
31713
-23.5%
455
0.0%

Summary: Murphy housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes decreased by -33.3%. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -23.5%. The inventory for 4 bedroom homes remained the same.

Days on Market for Murphy, MO

How long does it take to sell a home in Murphy, MO?

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Many homes in Murphy are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 7 homes were sold in Murphy; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
64 DaysThis YearDec 2024
116 Days1 year agoDec 2023
-44.6 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Murphy had an average listing age of 64 days in Dec 2024, down by 44.6% compared to the previous year.

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Newest Listings in Murphy, MO

What homes are available in Murphy, MO?

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MLS Disclaimers and Copyright

Based on information from Mid America Regional Information System, for the period 01/01/2023 - 01/01/2025

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 2:23:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.