Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Murchison area can be challenging. Home prices in Murchison are now at a median cost of $178,731, lower than the Texas average of $235,268.
The average cost of rent is $891/mo in Murchison, primarily driven by the current value of real estate in the Murchison area. While nearly 62.57% of residents own their homes outright in Murchison, 19.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Murchison is $5,305 per month. Households that rent pay about 16.80% of their income on rent here. Murchison's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Opelika, TX: less expensive homes
- Brownsboro, TX: less expensive homes
- Edom, TX: less expensive homes
- Martins Mill, TX: equally priced homes
- Ben Wheeler, TX: higher priced homes
- Athens, TX: less expensive homes
- Pickens, TX: less expensive homes
- Redland, TX: equally priced homes
- Chandler, TX: less expensive homes
- Stockard, TX: less expensive homes
Cities with Similar Populations
- East Rockingham, NC: less expensive homes
- Hamilton, IL: less expensive homes
- Grantville, PA: higher priced homes
- Girard, KS: less expensive homes
- Flora, IN: less expensive homes
- Essex, CT: higher priced homes
- Elsie, MI: less expensive homes
- Elm Springs, AR: higher priced homes
- Elim, PA: less expensive homes
- Dyer, TN: less expensive homes
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