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Murphy, TX
Full City Profile · Texas · Collin County County
4.0
/5.0
A
Great
21,001
Population
3,684/sq mi density
$165,109
Median Income
$49,745 per capita
$508,500
Home Value
$581,617 Zillow
$2,640
Median Rent
51.0% income on rent
65°F
Avg Temperature
330 sunny days/yr
43
Violent Crime/100K
501 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$165,109 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$508,500 home value, $2,640/mo rent
F
Safety
1.0 / 5.0
43 violent crimes/100K
A+
Education
5.0 / 5.0
56.9% bachelor's degree or higher
Housing Overview
Median Home Value
$508,500
80% above
US avg: $281,900
Median Rent
$2,640/mo
127% above
US avg: $1,163/mo
Homeownership Rate
90.2%
38% above US avg (65.4%)
Total Housing Units
5,723
Median year built: 2005
Home Value by Source
Census Median
$508,500
Zillow (ZHVI)
$581,617
Median Sale Price
$578,000
Median List Price
$635,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.2%
Owner-Occupied
9.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$2,640/mo
Market Indicators (Redfin)
Median Days on Market
99 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
32.6%
of listings with price reduction
Price Per Sq Ft
$186
Active Inventory
46
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
2005
Average age of housing stock: 21 years
Homeownership Rate
90.2%
Complete Housing Data
Home Values
| Census Median Value | $508,500 |
| Zillow Home Value (ZHVI) | $581,617 |
| Median Sale Price | $578,000 |
| Median List Price | $635,000 |
| Price Per Sq Ft | $186 |
Rent
| Census Median Rent | $2,640 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
| Days on Market | 99 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 32.6% |
| Homes Sold | 9 |
| Active Inventory | 46 |
| Price Per Sq Ft | $186 |
Ownership & Stock
| Owner-Occupied | 90.2% |
| Renter-Occupied | 9.8% |
| Homeownership Rate | 90.2% |
| Total Housing Units | 5,723 |
| Median Year Built | 2005 |
| Rent Burden | 51.0% |