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TX area data

Murphy, TX

Murphy, TX.

Population: 24,200 (Census ACS)

Home values & appreciation

Median home value
$571,901
1-year appreciation
-4.4%
3-year appreciation
-6.2%
5-year appreciation
+18.3%
10-year appreciation
+59.4%
All-time peak (2024-05)
$627,768
House Price Index
440.1 (-0.8% YoY)

Market activity

Median sale price
$576,000
Median list price
$615,000
Median days on market
43 days
Sale-to-list ratio
97.6%
Active listings
60
1-year forecast
-0.9%
Days to pending
42 days
New listings (monthly)
32

Rents

Typical rent
$3,047/mo
1BR fair-market rent
$2,470/mo
3BR fair-market rent
$3,650/mo

Affordability

Cost of living index (Average)
96.5 (100 = US avg)
Electricity rate (state-level)
15.5¢/kWh
Natural gas rate (state-level)
$19.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
2
Middle schools
1
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
hail, tornado, coldWave, heatWave, iceStorm
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Annual precipitation
43.1 in

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
261
Days with Unhealthy air quality
2

Walkability & transit

Walkability index
12.5 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Fordlane Flyers Airport (7 mi)
Nearest major airport
Dallas Love Field (DAL) (18 mi)
Hospitals nearby (~15 mi)
35
Avg hospital rating
3.3 / 5
Solar radiation rating
Good (4.7 kWh/m²/day)

Migration

Net migration
+8,298 tax filers

Housing stock

Median year housing built
2,005
Median annual property tax
$8,608
Mean commute to work
22 min
Households with broadband internet
88.0%

Employment & development

Total county employment
471,091
Average weekly wage
$1,654
Top industries (by employment)
Professional Services, Health Care, Finance & Insurance
Annual residential building permits (county)
14,331

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents