Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Murphy area can be challenging. Home prices in Murphy are now at a median cost of $116,681, lower than the Georgia average of $231,203.
The average cost of rent is $819/mo in Murphy, primarily driven by the current value of real estate in the Murphy area. While nearly 54.19% of residents own their homes outright in Murphy, 14.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Murphy is $3,146 per month. Households that rent pay about 26.02% of their income on rent here. Murphy's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Sunset, GA: higher priced homes
- Coolidge, GA: higher priced homes
- Moultrie, GA: equally priced homes
- South Moultrie, GA: higher priced homes
- Merrillville, GA: higher priced homes
- Ione, GA: less expensive homes
- Shelly, GA: less expensive homes
- Hartsfield, GA: less expensive homes
- Pavo, GA: less expensive homes
- Patten, GA: equally priced homes
Cities with Similar Populations
- Troy Town, WV: less expensive homes
- East Alton, NH: higher priced homes
- East Berkshire, VT: higher priced homes
- East Dorset, VT: higher priced homes
- Eastmont, PA: higher priced homes
- Eau Claire, PA: higher priced homes
- Eberle, KY: less expensive homes
- Eckenrode Mill, PA: higher priced homes
- Stockett, MT: higher priced homes
- Sublette, MO: higher priced homes
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