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2024 Compare Cities Housing:
Murphy, TX vs Franklin, TN

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Highlights
- The median age of a home in Murphy is 29.4% younger than the median age of a home in Franklin.

Housing
 Murphy, TXFranklin, TNUnited States
 Median Home Age172242
 Median Home Cost$562,300$784,100$338,100
 Home Appr. Last 12 months23.4%25.0%16.6%
 Home Appr. Last 5 yrs.65.4%81.0%57.0%
 Home Appr. Last 10 yrs.159.8%142.5%101.1%
 Property Tax Rate$20.4$5.6$11.0
 Homes Owned89.9%62.7%57.4%
 Housing Vacant0.5%4.3%11.2%
 Homes Rented9.6%33.0%31.4%
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 Avg Rent For Home Or Apartment
 Murphy, TXFranklin, TNUnited States
 Average Rent$2,930$2,280$1,840
 Studio Apartment$1,900$1,600$1,080
 1 Bedroom Home or Apartment$2,000$1,640$1,180
 2 Bedroom Home or Apartment$2,360$1,850$1,430
 3 Bedroom Home or Apartment$2,970$2,310$1,860
 4 Bedroom Home or Apartment$3,870$2,860$2,160
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 Vacant Housing
 Murphy, TXFranklin, TNUnited States
 Vacant For Rent0.0%1.7%1.9%
 Vacant Rented0.5%0.1%0.4%
 Vacant For Sale0.0%0.5%0.7%
 Vacant Sold0.0%0.3%0.4%
 Vacant Vacation0.0%0.7%3.6%
 Vacant Other0.0%1.1%4.1%
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 Owner-Occupied Housing Value
 Murphy, TXFranklin, TNUnited States
 Less Than $20,0000.7%0.8%2.6%
 $20,000 to $39,9991.1%0.3%2.4%
 $40,000 to $59,9990.3%0.2%2.8%
 $60,000 to $79,9990.7%0.0%3.9%
 $80,000 to $99,9990.0%0.3%4.5%
 $100,000 to $149,9990.5%0.7%11.3%
 $150,000 to $199,9992.8%2.1%13.0%
 $200,000 to $299,99915.8%8.1%20.1%
 $300,000 to $399,99929.2%20.3%13.6%
 $400,000 to $499,99929.8%25.2%8.3%
 $500,000 to $749,99915.1%28.2%9.7%
 $750,000 to $999,9993.1%9.9%3.9%
 $1,000,000 to $1,499,9990.0%2.2%2.2%
 $1,500,000 to $1,999,9990.3%0.9%0.8%
 $2,000,000 and over0.6%0.8%1.1%
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 Housing Units By Year Built
 Murphy, TXFranklin, TNUnited States
 2015 and Newer0.6%0.2%0.2%
 2010 to 201466.5%23.8%13.6%
 2000 to 200966.5%23.8%13.6%
 1990 to 19998.9%26.3%13.6%
 1980 to 19894.3%11.4%13.2%
 1970 to 19793.4%6.1%14.8%
 1960 to 19698.9%26.3%13.6%
 1950 to 19591.1%1.8%10.0%
 1940 to 19490.7%1.5%4.7%
 1939 or Earlier0.0%1.8%12.2%

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Reviews for Murphy    2 Reviews

Over 2 years ago

Absolutely love the small town feel but at the same time the ease of in and out and access to everything I need close by. Wonderful people and amazing shopping, food,  More

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Over 17 years ago

Up and coming town next to  More

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Reviews for Franklin    27 Reviews

After visiting here for a week in the summer, I fell in love with the city! Lots of my friends in Florida already moved here from New Port Richey and Wesley Chapel. I  More

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I've lived in Tennessee all my life. I have lived in west,east and middle Tennessee. By far this is the best place I have lived. We have been in Franklin for 8 years. It  More

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I love that this is a greatly diverse community with a large African American and Hispanic community around West Main St./Nachez (I'm addicted to Pueblo Real Mexican  More

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ZIPS IN MURPHY, TEXAS
75094
ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069

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