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Housing in Murphy

61 homes sold in Murphy in the last year, at a typical $260K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Murphy homes are listed.

Homes sold
61
June 2025 to May 2026
Typical sale price
$260K
median, weighted by sales
Price per square foot
$177
Missouri $163
Paid vs. asking
100.1%
39% sold over asking
For sale now
4
May 2026 · 7 sold that month
What sold · last 12 months

Houses are 100% of Murphy’s sales, at a typical $260K

61 homes sold in the year to May 2026.

Houses$260K

typical sale · 61 sold in 12 months

Per square foot
$177MO $163
Days to sell
27
Sold over asking
39%
Listings with a price cut
29%
13 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

61 sales in the last year, against 112 in 2017 and a low of 71 in 2023. The typical sale went from $129K in 2016 to $260K.

Homes soldTypical sale price
03775112150$150K$200K$250K$300K2013: 90 sold, typical $113K’132014: 77 sold, typical $125K2015: 96 sold, typical $134K’152016: 84 sold, typical $129K2017: 112 sold, typical $151K’172018: 101 sold, typical $143K2019: 74 sold, typical $155K’192020: 97 sold, typical $159K2021: 93 sold, typical $194K’212022: 90 sold, typical $202K2023: 71 sold, typical $220K’232024: 76 sold, typical $233K2025: 77 sold, typical $246K’25Last 12 months: 61 sold, typical $260KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Murphy

Houseat $177 a sq ft
The same money in Missouriat $163 a sq ft

Is this asking price fair?

Check a listing against what Murphy homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 13 years of sales

Bidding wars in Murphy are more common than before the pandemic, but 60% fewer homes come up for sale

We read every month of Murphy’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 61 sales.

If you’re buying in Murphy

  • Shop in October. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (36% over asking).
  • Some room to negotiate. 29% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 100.1% of the list price on average; 39% paid over.
Best time to buy

Summer brings the homes; fall brings the bidding wars

June has the most new listings (about 10 a month), but November is the most competitive: 52% of November sales close over asking. October offers nearly as much choice with fewer homes bid up (36%). February has the least competition (29%) but only about 6 new listings.

New listings a monthShare sold over asking
03.87.511.31520%40%60%Sweet spotJan: 5 new listings a month, 30% sold over asking, 50 days to sellJFeb: 6 new listings a month, 29% sold over asking, 55 days to sellFMar: 9 new listings a month, 46% sold over asking, 37 days to sellMApr: 10 new listings a month, 44% sold over asking, 35 days to sellAMay: 10 new listings a month, 43% sold over asking, 36 days to sellMJun: 10 new listings a month, 49% sold over asking, 30 days to sellJJul: 8 new listings a month, 44% sold over asking, 33 days to sellJAug: 10 new listings a month, 39% sold over asking, 37 days to sellASep: 7 new listings a month, 34% sold over asking, 35 days to sellSOct: 9 new listings a month, 36% sold over asking, 33 days to sellONov: 5 new listings a month, 52% sold over asking, 34 days to sellNDec: 5 new listings a month, 31% sold over asking, 30 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Missouri

Murphy now2017–192021 peakMO now
Sold over askingShare of sales that closed above the list price39%30%62%21%
Gone within two weeksShare of homes under contract within 14 days———42%
Listings with a price cutShare of homes for sale that cut their price29%28%22%27%
Price paid vs. askingAverage sale price ÷ list price100.1%98.3%101.8%98%
Days to sellMedian days from listing to contract27442036
Supply

7 homes for sale on a typical day

That’s 1.3 times the 2023 low (5), 60% fewer than in 2017–19 and well under 2015’s 29.

2013: 25 for sale’132014: 24 for sale2015: 29 for sale2016: 25 for sale’162017: 21 for sale2018: 18 for sale2019: 11 for sale’192020: 13 for sale2021: 10 for sale2022: 8 for sale’222023: 5 for sale2024: 7 for sale2025: 7 for sale’25Last 12 months: 7 for saleNow
Room to negotiate

1 in 3 listings has cut its price

29% in the last year, against 28% in 2017–19 and 27% across Missouri.

2015: 15%’152016: 21%2017: 31%2018: 21%’182019: 31%2020: 20%2021: 22%’212022: 44%2023: 46%2024: 32%’242025: 31%Last 12 months: 29%Now
Across Missouri

Murphy ranks 40th of 122 busy Missouri markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Murphy is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Murphy home costs about $1,533 a month

Mortgage
Property tax
Insurance
Rent

Price: Murphy’s typical sale, last 12 months. Property tax at Murphy’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Murphy is affordable on local pay is on Cost of living.

Before you buy in Murphy

Six things worth knowing

10

New listings in June

The month with the most choice. December has the fewest, about 5.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $260K home, about $2,120 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Murphy, from test results, graduation and how much students grow.

Schools in Murphy
25 min

Typical commute

The average one-way trip to work for people who live in Murphy.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

High Ridge sells for less a square foot

The busier markets within 25 miles of Murphy, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Manchester224$361K$19249%12
Sunset Hills114$633K$21545%16
Valley Park100$308K$19148%16
Fenton83$406K$17948%19
High Ridge68$239K$16647%25
Murphy61$260K$17739%27
Byrnes Mill29$411K$17252%21

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Murphy, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Murphy. People who follow the town see it, and so do people comparing Murphy with their own town. No commission, no listing fee.

Questions about buying a home in Murphy

What do homes sell for in Murphy, MO?

61 homes sold in the year to May 2026 at a typical $260K, $177 a square foot.

Is Murphy a buyer’s or seller’s market?

A seller’s market: 4 homes were for sale in May 2026 and 7 sold, about 0.6 months of supply. Buyers paid 100.1% of asking on average, and 29% of listings cut their price.

When is the best time to buy in Murphy?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Murphy?

About 0.8% of a home’s value a year. On a $260K home that’s near $2,120.

Where can I see homes for sale in Murphy?

Zillow, Redfin, Realtor.com and Homes.com all carry Murphy’s MLS listings; the search links above open each one filtered to Murphy.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).