The housing market in Murphy, ID is strong, with the median value of homes in the area at $399,200. This is significantly higher than the US House Median Value of $338,100. Furthermore, the appreciation rate for homes over the past year has been 4.74%, which is lower than the US 1 year House Appreciation rate of 8.27%. Overall, it appears that Murphy's housing market remains strong and is a great place to invest in property.
The median home cost in Murphy is $399,200. Home appreciation the last 10 years has been 260.0%. Home Appreciation in Murphy is up 15.6%.
Average Age of Homes
- The median age of Murphy real estate is 42 years old
The Rental Market in Murphy
- Renters make up 59.3% of the Murphy population
- 0.0% of houses and apartments in Murphy, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.