Murphy Home Values

Murphy's housing stock is overwhelmingly 2000s-era suburban construction — four- and five-bedroom brick homes built by Shaddock, Paul Taylor, Meritage, and K. Hovnanian across neighborhoods like Maxwell Creek, Windy Hill Farms, Aviary, and Hunters Landing. Pools, three-car garages, game rooms, and media rooms are standard at the upper end. Toll Brothers' Crescent Hill is injecting new-build inventory with stucco-and-stone exteriors starting near $900K. A handful of early-1980s ranch homes on oversized lots — some approaching an acre with no HOA — offer a different profile entirely, attracting buyers willing to renovate for the land.

Murphy's market is balanced but leaning toward sellers in pockets where inventory is tight. Homes are moving in just over a month, which signals healthy demand without the frenzy that marked prior years. Values held essentially flat year-over-year — a sign of stability rather than stagnation in a suburb where median prices sit above $600K. The concession ratio indicates that roughly half of closed deals involved some form of seller participation, suggesting buyers still have negotiating room despite the pace. Toll Brothers' new-construction entries at $900K-plus are testing the ceiling and could redefine what premium means in Murphy.

Your biggest competition in Murphy isn't the house down the street — it's Toll Brothers offering brand-new construction with warranties. Counter that by emphasizing what resale homes deliver that new builds can't: mature landscaping, established pools, and oversized lots in neighborhoods with proven appreciation. If your home was built before 2005, invest in updated kitchen finishes and fresh flooring before listing — buyers in this price range expect move-in condition. Price just below the nearest new-build threshold to capture buyers who want the location without the construction premium.