Rick Andrews' Market Report
Murphy, NC 28906
Single-Family Homes
Your Mountain Realtor | 828-557-9139 | rick@callrickandrews.com
Murphy, NC 28906
Sun Dec 28 2025
This week the median list price for Murphy, NC 28906 is $365,000 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has decreased to 224.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Real-Time Market Profile
| Median List Price | $365,000 | |
| Median Price of New Listings | $379,000 | |
| Per Square Foot | $241 | |
| Average Days on Market | 161 | |
| Median Days on Market | 109 | |
| Price Decreased | 36% | |
| Price Increased | 1% | |
| Relisted | 15% | |
| Inventory | 224 | |
| Median Rent | ||
| Market Action | 32 | |
| Slight Seller's Advantage | ||
Click for more charts
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $670,000 | 2,639 | 2.5 - 5 acres | 3 | 3 | 19 | 0 | 3 | 157 |
| $427,400 | 2,094 | 1 - 2.5 acres | 3 | 2 | 22 | 4 | 5 | 119 |
| $319,900 | 1,377 | 1 - 2.5 acres | 2 | 2 | 22 | 0 | 6 | 94 |
| $249,400 | 898 | 0.5 - 1 acre | 2 | 1.8 | 29 | 3 | 3 | 80 |