Murphy, MO Foreclosures
How much do homes sell for in Murphy, MO?
The average home price is currently $187,009.
What’s the average rental cost in Murphy, MO?
The average rental price in Murphy is $1,335.
What is the most expensive home in Murphy?
The most expensive home sold in Murphy had a price of $3,427,638.
What is currently the cheapest priced home in Murphy, MO?
The cheapest home for sale in Murphy is priced at $19,620.
Living in Murphy, MO
Murphy, MO is a quaint town that offers a serene lifestyle surrounded by beautiful scenery and a friendly community. Residents enjoy various outdoor activities and have access to essential amenities. Known for its strong educational institutions, this area is ideal for families looking for a peaceful environment.
Current Market Conditions in Murphy, MO
The real estate market in Murphy, MO is currently demonstrating stable conditions. Homes in the area have shown consistent demand, with buyers attracted to the town's family-friendly atmosphere and outdoor lifestyle opportunities. This steady interest has resulted in a healthy turnover of properties on the market, though prices have remained relatively stable, making it a favorable time for both buyers and sellers.
Recent data indicates that inventory levels are low, contributing to competitive offers on homes that do enter the market, particularly in desirable neighborhoods. Investors are viewing Murphy as an attractive location due to its upward trend in property values and potential for long-term appreciation.
Home Value Estimator For Murphy, MO
There are currently 204 real estate properties
in Murphy, MO,
with a median automated valuation model (AVM) price
of $129,300.00. 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, MO, 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, MO,
is $187,009.00, with the most expensive house
in Murphy, MO, topping out
at $3,427,638.00 and the cheapest home
in Murphy, MO,
clocking in at $19,620.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Murphy, MO!
Rent Prices
In Murphy, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Murphy, MO, is on
a rollercoaster ride. The
average rent price in Murphy, MO,
is $1,335.00. Indeed, when looking to rent in
Murphy, MO, you can expect to pay as little
as $960.00 or as much
as $2,700.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Murphy, MO
-- 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.
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