Murphy, NC Market Trends

Last updated November 14, 2026

The median home price in Murphy is $360,000, up 2.9% year-over-year. Median price per square foot is up 4.8% at $241/sq. ft. Homes are selling in 162 days on average, compared to 241 days last year. As of November 14, 2026, there are 504 active listings on the market, with 39 new listings in the last 7 days.

Median home price

$360K

2.9% YoY

YoY price change

+2.9%

+$10,100

Days on market

162

-79 days YoY

Active homes

504

30.2% YoY

Market trends and statistics

Median list price

$360,000

2.9% YoY

Inventory

504

30.2% YoY

Price per SqFt

$241

4.8% YoY

Days on market

162 days

32.8% YoY

Home size

1,284 sqft

7.0% YoY

Compare nearby cities

City	Median price	YoY change	$/Sqft	Days on market	Active homes
Murphy	$360,000	+2.9%	$241	162	504
Brasstown	$474,000	-9.7%	$233	725	27
Marble	$350,000	+4.5%	$203	130	34
Warne	$350,000	-29.3%	$223	860	25
Hayesville	$467,450	-5.5%	$240	824	232
Andrews	$299,800	-1.7%	$184	199	64

Education in Murphy, NC

Select a district to view it's schools.

Cherokee County School District

Cherokee County School District has 5 high schools, 6 middle schools, and 7 elementary schools. It has an overall average GreatSchools rating of 6/10.