House Prices

House Prices & Home Values Murphy, NC 2026


Average Data

average house price$298,450
average size per house1660 ft²
average price per ft²180 $ / ft²

07/05/2026 - The value range (VR) for house prices in Murphy, NC is $245/ sqft to $245/ sqft. An average home with 1660 sqft costs approximately $406,700 to $406,700. Murphy, NC includes 1 ZIP codes and it is located in Cherokee county. The lowest prices are found in ZIP 28906, while the highest are in ZIP 28906. The average price per sqare feet is $180. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Murphy

28906249 $ / ft²




Historical development of home values in Murphy

Year Estimated value (USD) Change vs. 2025
2010 $138,606 -53.6%
2011 $133,246 -55.4%
2012 $132,887 -55.5%
2013 $137,854 -53.8%
2014 $144,709 -51.5%
2015 $152,136 -49.0%
2016 $160,075 -46.4%
2017 $168,715 -43.5%
2018 $178,042 -40.3%
2019 $186,298 -37.6%
2020 $195,929 -34.4%
2021 $222,848 -25.3%
2022 $259,790 -13.0%
2023 $273,961 -8.2%
2024 $289,810 -2.9%
2025 $298,450 0.0%

Graph: estimated home values in Murphy over time (USD)



Example: 100% financing house in Murphy

Loan amount: $298,450

Interest rate: 6.00%

Fixed monthly payment: $1,789.36

Breakdown in the 1st month:
Interest portion: $1,492.25  –  Principal portion: $297.11

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $17,807.30 $3,665.00 $294,785.00
2 $17,581.25 $3,891.05 $290,893.95
3 $17,341.26 $4,131.04 $286,762.91
4 $17,086.47 $4,385.84 $282,377.07
5 $16,815.96 $4,656.34 $277,720.73
6 $16,528.77 $4,943.54 $272,777.19
7 $16,223.86 $5,248.44 $267,528.75
8 $15,900.15 $5,572.16 $261,956.59
9 $15,556.47 $5,915.83 $256,040.76
10 $15,191.59 $6,280.71 $249,760.05
11 $14,804.21 $6,668.09 $243,091.96
12 $14,392.94 $7,079.36 $236,012.59
13 $13,956.30 $7,516.00 $228,496.59
14 $13,492.73 $7,979.57 $220,517.01
15 $13,000.57 $8,471.74 $212,045.28
16 $12,478.05 $8,994.26 $203,051.02
17 $11,923.30 $9,549.00 $193,502.02
18 $11,334.34 $10,137.96 $183,364.06
19 $10,709.05 $10,763.25 $172,600.81
20 $10,045.20 $11,427.10 $161,173.70
21 $9,340.40 $12,131.90 $149,041.80
22 $8,592.13 $12,880.17 $136,161.63
23 $7,797.71 $13,674.59 $122,487.04
24 $6,954.29 $14,518.01 $107,969.02
25 $6,058.85 $15,413.45 $92,555.57
26 $5,108.18 $16,364.12 $76,191.46
27 $4,098.88 $17,373.42 $58,818.03
28 $3,027.33 $18,444.98 $40,373.06
29 $1,889.68 $19,582.62 $20,790.44
30 $681.87 $20,790.44 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Murphy, NC


1500 sqft3900 sqft
Ø selling price$326,700$694,980
Ø fast selling$297,000$625,482
Ø high price sale$356,400$764,479

In 2026, houses in Murphy, NC will be offered at an average price of $180 per square foot. A 1,500 sqft home priced at $326,700 is 23.32% more expensive per square foot than a 3,900 sqft home priced at $694,980. Home prices in Murphy, NC vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $481,141. Sellers who can wait longer may achieve a higher price of up to $588,060.

FAQ – Home Values in Murphy

What is the median home value in Murphy in 2026?

In 2026, the typical home value in Murphy is about $298,450 for an average home size of 1660 square feet. This corresponds to an average price of roughly $180 per square foot.

What is the average cost per square foot in Murphy?

In 2026, homes in Murphy sell for an average of around $180 per square foot, with a typical range between $245 and $245 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Murphy is about 1660 square feet, with an estimated 2026 value around $298,450.



Locations close to Murphy, NC

Warne, NC153 $ / ft²
Marble, NC146 $ / ft²
Hayesville, NC151 $ / ft²
Brasstown, NC165 $ / ft²
  imprint  Privacy