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As-is Deals in Murphy, TX 75074

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Murphy, TX Foreclosures

Current Market Conditions in in Murphy, TX As of February 2026?
Over the last month, Murphy's real estate market has shown signs of stability despite the usual seasonal slowdown. Home sales have remained consistent, with a notable increase in listings helping to maintain a balanced inventory. The average days on the market have slightly decreased, indicating that homes are selling faster as buyers capitalize on the current interest rates. The overall sentiment remains optimistic with continuous interest from prospective homeowners.
How much do homes sell for in Murphy, TX?
The average home price is currently $608,834.
What’s the average rental cost in Murphy, TX?
The average rental price in Murphy is $2,345.
What is the most expensive home in Murphy?
The most expensive home sold in Murphy had a price of $7,097,299.
What is currently the cheapest priced home in Murphy, TX?
The cheapest home for sale in Murphy is priced at $43,401.

Living in Murphy, TX

Murphy, TX is a suburban gem in Collin County, known for its excellent schools, beautiful parks, and community-oriented events. With a range of amenities and a family-friendly atmosphere, it’s a great place for both young families and professionals.

Buyer vs Seller Market in Murphy, TX

Presently, Murphy's real estate market remains strong with a healthy demand for new homes. The city has seen a growing interest from out-of-state buyers attracted to its affordable living and high quality of life. New developments are sprouting alongside existing neighborhoods, making it an attractive option for families looking for spacious homes and good school districts.

Home Value Estimator For Murphy, TX

There are currently 6,141 real estate properties in Murphy, TX, with a median automated valuation model (AVM) price of $579,489.00. 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, TX, 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, TX, is $608,834.00, with the most expensive house in Murphy, TX, topping out at $7,097,299.00 and the cheapest home in Murphy, TX, clocking in at $43,401.00. In other words, there’s something for every potential homebuyer or savvy investor in Murphy, TX!

Rent Prices In Murphy, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Murphy, TX, is on a rollercoaster ride. The average rent price in Murphy, TX, is $2,345.00. Indeed, when looking to rent in Murphy, TX, you can expect to pay as little as $800.00 or as much as $3,820.00, with the average rent median estimated to be $2,310.00. The good news is that finding an affordable and desirable property to rent in Murphy, TX -- 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, TX 75074 As-is Deals

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