Housing in 75094 Murphy, TX is relatively expensive compared to the US median value with an average of $557,200. This is a reflection of the strong appreciation in the area, increasing from 8.27% nationally to 15.66% in this location. As such, there are good opportunities for real estate investment in this area, likely providing a significant return on investment over time.
The median home cost in Murphy (zip 75094) is $557,200. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Murphy (zip 75094) is up 23.4%.
Average Age of Homes
- The median age of Murphy (zip 75094) real estate is 13 years old
The Rental Market in Murphy (zip 75094)
- Renters make up 6.6% of the Murphy (zip 75094) population
- 0.0% of houses and apartments in Murphy (zip 75094), 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.