Murphy, TX housing market: September 2026
What's happening in the Murphy market right now.
Buyer's or seller's market?
Murphy, TX is a balanced market: homes in Collin County sell in a median of 65 days, and the number for sale is −0.5% on a year ago. Neither side has a clear edge.
12-month outlook
−4% to +2% for the typical Murphy home value over the next 12 months.
A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.
Sources: Zillow Home Value Index, September 2026 · Zillow Observed Rent Index, September 2026 · Realtor.com county data, September 2026. Listing figures are for Collin County as a whole.
Murphy market — questions answered
What is the typical home value in Murphy, TX?
$579,553 as of September 2026, −3.6% on a year earlier (Zillow Home Value Index).
Are home prices going up in Murphy, TX?
No — the typical home value changed −3.6% over the year to September 2026 and +15.2% over five years.
Is Murphy, TX a buyer's or seller's market?
It's balanced: the median home in Collin County sells in 65 days (Realtor.com, September 2026).
How much is rent in Murphy, TX?
The typical rent is $2,989 a month as of September 2026 (Zillow Observed Rent Index).
How many homes are for sale in Murphy, TX?
4,951 homes were listed for sale across Collin County in September 2026 (Realtor.com).
Who are the best real estate agents in Murphy, TX?
Homegrity lists 6 licensed agents in Murphy, each license verified against the state register. Placement is never bought. See them at /real-estate-agents/murphy.