Murphy, ID Foreclosures
How much do homes sell for in Murphy, ID?
The average home price is currently $351,835.
What’s the average rental cost in Murphy, ID?
The average rental price in Murphy is $0.
What is the most expensive home in Murphy?
The most expensive home sold in Murphy had a price of $1,417,715.
What is currently the cheapest priced home in Murphy, ID?
The cheapest home for sale in Murphy is priced at $46,190.
Living in Murphy, ID
Murphy, Idaho, is a quaint, rural town surrounded by natural beauty and rich agricultural land. Known for its friendly community and outdoor recreational opportunities, Murphy is an ideal place for those seeking tranquility and a close-knit atmosphere. With a focus on family and history, this charming town has plenty to offer its residents.
Current Market Conditions in Murphy, ID
The real estate market in Murphy has been stable, with a steady influx of buyers drawn to the town's peaceful existence and affordable property options. Homes have appreciated modestly over the last year, reflecting a growing interest in rural living, especially post-pandemic as more people seek larger spaces outside urban centers. Inventory remains limited but competitive, as buyers recognize the town's value.
Current trends indicate a strong interest in single-family homes, with many buyers drawn to properties offering larger lots and natural landscaping. The market has been attractive for first-time homebuyers and retirees alike, fostering a diverse community that appreciates both the accessibility of properties and the scenic lifestyle.
Home Value Estimator For Murphy, ID
There are currently 91 real estate properties
in Murphy, ID,
with a median automated valuation model (AVM) price
of $293,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Murphy, ID, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Murphy, ID,
is $351,835.00, with the most expensive house
in Murphy, ID, topping out
at $1,417,715.00 and the cheapest home
in Murphy, ID,
clocking in at $46,190.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Murphy, ID!
Rent Prices
In Murphy, ID
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Murphy, ID, is on
a rollercoaster ride. The
average rent price in Murphy, ID,
is $0.00. Indeed, when looking to rent in
Murphy, ID, you can expect to pay as little
as $0.00 or as much
as $0.00,
with the average rent median estimated to
be $0.00. The good news is that finding
an affordable and desirable property to rent in Murphy, ID
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
