Home prices
The median home cost in Murphy is $351,400. Compared to nearby areas it is about $19,380 (5%) higher.Compared to the entire nation it is roughly $133,900 (61%) higher, and compared to the city of Dallas is roughly $163,300 (86%) higher.
Rents
The median rent in Murphy is $2,119 per month. In comparison to its nearby areas it is roughly $500 (30%) higher.In comparison to the entire country it is roughly $1,057 (99%) higher, and it is roughly $1,067 (101%) higher compared to the city of Dallas.
Nearby places
Sachse
Sachse is Murphy's neighbor to the southeast. Its real estate prices are a lot less expensive. The median home in Sachse costs $241,800, which works out to $109,600 (45%) lower than Murphy. Rent there is a lot less expensive. Sachse's median monthly rent is $1,486, which works out to $633 (42%) lower than Murphy.
Wylie
Wylie is Murphy's neighbor to the east. Housing prices there are substantially less expensive. The price of the median home in Wylie is $227,700, which comes out to $123,700 (54%) lower than Murphy. The rent there is a lot less expensive. In Wylie the median rent is $1,498 per month, which works out to $621 (41%) lower than Murphy.
Richardson
Richardson is Murphy's neighbor to the southwest. Real estate prices there are somewhat less expensive. The median home in Richardson is valued at $274,200, which is $77,200 (28%) lower than Murphy. Rent there is substantially less expensive. Richardson's median rent is $1,403 a month, which comes out to $716 (51%) lower than Murphy.
St. Paul
St. Paul is approximately 3 miles northeast from Murphy. Housing prices there are somewhat less expensive. St. Paul's median home price is $322,000, which comes out to $29,400 (9%) lower than Murphy. Its rents are a little less expensive. The median monthly rent in St. Paul is $1,875, which works out to $244 (13%) lower than Murphy.
Lucas
Lucas is approximately 5 miles north of Murphy. The housing prices there are a lot more expensive. Lucas's median home value is $594,400, which comes out to $243,000 (40%) higher than Murphy. Its rents are a little less expensive. In Lucas the median rent is $1,833 a month, which is $286 (15%) lower than Murphy.
