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Multi-family Foreclosures in Murphy, TX

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Murphy, TX Foreclosures

How much do homes sell for in Murphy, TX?
The average home price is currently $615,521.
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 well-planned suburban community offering a blend of modern amenities and a neighborly atmosphere. With its highly rated schools, extensive parks, and an array of shopping and dining options, it's perfect for families and young professionals. The convenient location near major highways provides easy access to Dallas, enhancing its appeal.

Current Market Conditions in Murphy, TX

Murphy's real estate market is currently experiencing a steady demand due to its excellent schools and family-friendly atmosphere. The homes in the area are highly sought after, resulting in a competitive market environment where properties often sell quickly.

The overall pricing trends have been on the rise, with new developments attracting both first-time homebuyers and investors alike, leading to a healthy growth in home values.

Home Value Estimator For Murphy, TX

There are currently 6,125 real estate properties in Murphy, TX, with a median automated valuation model (AVM) price of $586,855.00. 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 $615,521.00, 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 Multi-family Homes

Market Trend for Murphy, TX

Total Listings Available: 0

Market Values:

Home Prices from $43,401 to $7,097,299

Average Sales Price: $615,521

Rental Values:

Rental from $800 to $3,820

Average Rent Value: $2,345 / month

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