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Preforeclosure Homes in Murphy, ID

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Murphy, ID Foreclosures

How much do homes sell for in Murphy, ID?
The average home price is currently $351,166.
In Murphy, ID, how many homes are available?
There are currently 9 active home listings available in Murphy.
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 $1,496,943.
What is currently the cheapest priced home in Murphy, ID?
The cheapest home for sale in Murphy is priced at $46,677.

Living in Murphy, ID

Murphy, Idaho, is a small and charming town known for its picturesque desert landscapes and welcoming community. With numerous outdoor activities available in the surrounding Owyhee Mountains, Murphy attracts those who appreciate nature and a peaceful lifestyle. The town offers essential amenities while maintaining its rustic appeal, making it a wonderful place to call home.

Current Market Conditions in Murphy, ID

The real estate market in Murphy has shown a modest increase in demand over the last year, with home values appreciating approximately 5%. The small-town allure combined with the desire for spacious living has kept the market relatively stable, appealing especially to those looking to escape urban settings.

Homes in Murphy typically sell within 30 to 60 days, indicating a favorable market for sellers and a competitive edge for buyers. The affordability of properties compared to larger cities has also attracted new residents looking for value. The average selling price for homes is around $350,000.

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 $289,600.00. 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 $351,166.00, with the most expensive house in Murphy, ID, topping out at $1,496,943.00 and the cheapest home in Murphy, ID, clocking in at $46,677.00. 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.

Murphy, ID Preforeclosure Homes


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