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2025 Compare Cities Housing:
Franklin, NC vs Murphy, NC

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Highlights
- The median age of a home in Franklin is 31.0% younger than the median age of a home in Murphy.
 Franklin, NCMurphy, NCUnited States
 Median Home Age42  Unlock42
 Median Home Cost  Unlock$271,400$338,100
 Home Appr. Last 12 months22.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock69.8%57.0%
 Home Appr. Last 10 yrs.106.2%  Unlock101.1%
 Property Tax Rate  Unlock$6.5$11.0
 Homes Owned50.1%  Unlock57.4%
 Housing Vacant  Unlock19.7%11.2%
 Homes Rented35.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Franklin, NCMurphy, NCUnited States
 Average Rent  Unlock$1,100$1,840
 Studio Apartment$710  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$630$1,180
 2 Bedroom Home or Apartment$860  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,120$1,860
 4 Bedroom Home or Apartment$1,380  Unlock$2,160
 space1
 Vacant Housing
 Franklin, NCMurphy, NCUnited States
 Vacant For Rent  Unlock1.3%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock1.6%0.7%
 Vacant Sold1.3%  Unlock0.4%
 Vacant Vacation  Unlock8.1%3.6%
 Vacant Other6.2%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Franklin, NCMurphy, NCUnited States
 Less Than $20,000  Unlock5.2%2.6%
 $20,000 to $39,9992.6%  Unlock2.4%
 $40,000 to $59,999  Unlock0.8%2.8%
 $60,000 to $79,9992.1%  Unlock3.9%
 $80,000 to $99,999  Unlock20.3%4.5%
 $100,000 to $149,99927.3%  Unlock11.3%
 $150,000 to $199,999  Unlock13.5%13.0%
 $200,000 to $299,99911.9%  Unlock20.1%
 $300,000 to $399,999  Unlock10.2%13.6%
 $400,000 to $499,9994.9%  Unlock8.3%
 $500,000 to $749,999  Unlock0.5%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Franklin, NCMurphy, NCUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock4.1%13.6%
 2000 to 200911.1%  Unlock13.6%
 1990 to 1999  Unlock6.3%13.6%
 1980 to 198919.0%  Unlock13.2%
 1970 to 1979  Unlock10.4%14.8%
 1960 to 196911.7%  Unlock13.6%
 1950 to 1959  Unlock13.7%10.0%
 1940 to 19493.3%  Unlock4.7%
 1939 or Earlier  Unlock19.2%12.2%
Transportation
Reviews for Franklin    4 Reviews
James · Key Biscayne, FL
Best mountain town in USA
Over 2 years ago

Great mountain town. Friendly people and lots to do.  More

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Cindy · Franklin, NC
Small town atmosphere
Over 10 years ago

I agree with some of the posts on here saying that Franklin is more than willing to take your money, but it's difficult to fit in if you 'aren't from around here, are  More

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Bp · Otto, NC
Franklin is not for anyone other than natives!
Over 14 years ago

Franklin will welcome you if you are a vacationer but move here and it is a whole different story. We are one of those families that would vacation here every year and  More

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Reviews for Murphy    3 Reviews
Gio · Ogden, UT
New to the Area
Over 11 years ago

Any & all information on living in your area will be very much appreciated. Middle schools, community collage, shopping, transportation, housing & community  More

   |    Reply
Becky · Murphy, NC
Beautiful
Over 16 years ago

I moved to Murphy to get away from the hustle in Florida. I found the mountains so beautiful. But there is no work there. It's basically a place for retire's. The people  More

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tish · Murphy, NC
living in Murphy
Over 17 years ago

I moved here over 12 yrs ago and have loved being here ever since.Two children to raise as a single mom and found it less exspensive then our previous home in Florida,  More

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Learn More About Franklin, North Carolina
Overview
Cost of Living
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Learn More About Murphy, North Carolina
Overview
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Religion
Voting
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