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 $106,663, lower than the West Virginia average of $138,399.
The average cost of rent is $734/mo in Murphy, primarily driven by the current value of real estate in the Murphy area. While nearly 68.58% of residents own their homes outright in Murphy, 10.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Murphy is $3,529 per month. Households that rent pay about 20.81% of their income on rent here. Murphy's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Longview, WV: equally priced homes
- Pecks Run, WV: equally priced homes
- Swamp Run, WV: higher priced homes
- Audra, WV: higher priced homes
- Volga, WV: higher priced homes
- Hodgesville, WV: equally priced homes
- Kedron, WV: higher priced homes
- Heavener Grove, WV: higher priced homes
- Teter, WV: higher priced homes
- Century, WV: equally priced homes
Cities with Similar Populations
- Glynwood, OH: higher priced homes
- Greer, OH: higher priced homes
- Greenlee, NC: higher priced homes
- Greenleafton, MN: higher priced homes
- Greenhurst, NY: higher priced homes
- Gray, IA: higher priced homes
- Grant, NY: higher priced homes
- Graf, IA: higher priced homes
- Goss, GA: less expensive homes
- Gordon, WV: less expensive homes
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