
Murphy, TX Housing Market
$564,016
4.0% 1-yrThe average Murphy, TX home value is $564,016, down 4.0% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Murphy Key Takeaways
Typical Home Values: $564,016
1-Year Value Change: -4%
(Data through August 31, 2026)
Murphy Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Murphy
- NameMedian ZHVI
- Glen Ridge Estates$483,636
- Daniel Crossing$542,492
- Maxwell Creek North$595,425
- Hunters Landing$675,952
- Fairfield of Plano$508,236
- Windy Hill Farms$589,807
- The Timbers$483,115
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Murphy Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Murphy, TX?
The median home value in Murphy, TX is $564,016 as of August 2026. This represents a 0.1% decrease compared to last month and a 4.0% decrease year-over-year.
How have home values changed in Murphy, TX?
Home values in Murphy, TX have decreased by 0.1% month-over-month and 4.0% year-over-year.
How do home values in Murphy, TX compare to Collin County, Texas, and the national average?
The median home value in Murphy, TX ($564,016) compares to: Collin County ($475,341), Texas ($299,367), and the U.S. national median ($368,697).

