Home values, rents and more in Murphy, TX
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Murphy in ProMap- Under $370k
- $370k–$420k
- $420k–$440k
- $440k–$530k
- $530k+
- No data
How Murphy compares
The typical home in Murphy, TX is worth about $580,000, according to the Zillow Home Value Index for September 2026. Home values in Murphy are 1.6 times the typical value in the Dallas metro area ($358,000) and 1.6 times the U.S. typical value ($366,000).
Over the past year, home values in Murphy fell 3.6%, compared with −2.0% in the Dallas metro area and +1.2% nationally.
Typical rent is $2,989 a month (Zillow Observed Rent Index), 1.8 times the Dallas metro area ($1,659) and 1.5 times the U.S. ($1,932).
The median household income is $175,699, against $90,275 in the Dallas metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 21,188 people live in Murphy (American Community Survey 2020–24).
Murphy has the 28th-highest typical home value of the 175 cities in the Dallas metro area and the 57th-highest of 1,071 in Texas with Zillow figures.
Part of: Collin County, TX · Dallas metro area · Texas
More for Murphy in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Murphy, TX
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.