Home prices
The value of the median home in Murphy is $131,900. In comparison to nearby areas this is roughly $98,100 (42%) lower.Compared to the US as a whole it is about $85,600 (39%) lower, and compared to the city of St. Louis it is roughly $6,800 (4%) lower.
Rents
The median rent in Murphy is $914 a month. This is about $252 (21%) lower compared to other places in this area.It is roughly $148 (13%) lower in comparison to the US as a whole, and it is approximately $86 (10%) higher compared to the city of St. Louis.
Nearby places
Fenton
Fenton is Murphy's neighbor to the northeast. Its real estate prices are substantially more expensive. The cost of the median home in Fenton is $269,000, which is $137,100 (50%) higher than Murphy. Rent there is somewhat more expensive. The median monthly rent in Fenton is $1,218, which is $304 (24%) higher than Murphy.
High Ridge
High Ridge is roughly 3 miles southwest of Murphy. The real estate prices there are pretty similar. The median home cost in High Ridge is $131,700, which is very similar to Murphy. Rents there are fairly similar. The median monthly rent in High Ridge is $954, which works out to $40 (4%) higher than Murphy.
Valley Park
Valley Park is approximately 4 miles north of Murphy. The housing prices there are somewhat more expensive. The median home price in Valley Park is $179,700, which comes out to $47,800 (26%) higher than Murphy. The rent there is somewhat more expensive. The median monthly rent in Valley Park is $998, which works out to $84 (8%) higher than Murphy.
Sunset Hills
Sunset Hills is about 4 miles northeast from Murphy. Its housing prices are a lot more expensive. The median home value in Sunset Hills is $392,200, which works out to $260,300 (66%) higher than Murphy. The rent there is significantly more expensive. In Sunset Hills the median rent is $1,833 a month, which comes out to $919 (50%) higher than Murphy.
Twin Oaks
Twin Oaks is roughly 5 miles north of Murphy. Housing prices there are a little more expensive. The median home price in Twin Oaks is $177,400, which is $45,500 (25%) higher than Murphy. Its rents are a little less expensive. The median monthly rent in Twin Oaks is $825, which works out to $89 (10%) lower than Murphy.