Housing & Real Estate — Murphy, North Carolina

Overview

Total Housing Units866
Occupied700
Vacant166
Owner-Occupied319
Renter-Occupied381
Median Home Value (Census)$250,000
Estimated 2026~$273,000
Median Rent$354/mo
Median Property Tax$1,343/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityexpensive
Rent as % of Income11.4%
Severely Rent-Burdened22.7%

Housing Age

Built 2010 or later27
Built 2000-200963
Built 1990-199998
Built before 1960365
Median Year Built1970
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.