Murphy Housing Market Report February 2025•Collin County, Texas

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Housing Prices in Murphy, TX

How much do homes in Murphy, TX 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.
$600,000$197/SqFt
+$100
0.0%

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 $600,000 in February 2025, the same as the previous year, and the median price per square foot was $197.

Median List Price By Cities

Median List Price By Cities
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
Parker
+12.2%
Richardson
+1.1%
Sachse
0.0%
Murphy
0.0%
Wylie
-6.7%

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.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2--
N/A
3$477K$450K
-5.7%
4$572.4K$594.9K
+3.9%
5$724.9K$712.4K
-1.7%

Summary: Murphy housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -5.7%. The home price for 4 bedroom homes increased by +3.9%. The home price for 5 bedroom homes decreased by -1.7%.

Housing supply in Murphy, TX

How many homes are available in Murphy, TX?

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
55Last MonthFeb 2025
552 months agoJan 2025
0.0 %
Change MoMJan – Feb

Summary: The Murphy real estate market had 55 homes for sale in Feb 2025, the same as Jan 2025

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.
BedsJan 2025Feb 2025Change MoM
100
0.0%
200
0.0%
375
-28.6%
43129
-6.5%
51721
+23.5%

Summary: Murphy housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -28.6%. The inventory for 4 bedroom homes decreased by -6.5%. The inventory for 5 bedroom homes increased by +23.5%.

Days on Market for Murphy, TX

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

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
73 DaysThis YearFeb 2025
86 Days1 year agoFeb 2024
-15.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Murphy had an average listing age of 73 days in Feb 2025, down by 15.0% compared to the previous year.

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Newest Listings in Murphy, TX

What homes are available in Murphy, TX?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from North Texas Real Estate Information Systems Inc., and Odessa MLS for the period 03/01/2023 - 03/01/2025

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 3/4/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by Odessa Board of Realtors Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Odessa Board of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 3/4/2025, 3:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.