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These days, finding an affordable place to live in the Murphytown area can be challenging. Home prices in Murphytown are now at a median cost of $175,148, lower than the West Virginia average of $177,366.
The average cost of rent is $978/mo in Murphytown, primarily driven by the current value of real estate in the Murphytown area. In Murphytown, 14.89% of households rent, and 44.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Murphytown is $5,153 per month. Households that rent pay about 18.98% of their income on rent here. Murphytown’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Davisville, WV: less expensive homes
- Kanawha, WV: higher priced homes
- Walker, WV: less expensive homes
- Boreman, WV: equally priced homes
- Parkersburg, WV: less expensive homes
- Mineralwells, WV: equally priced homes
- Pettyville, WV: less expensive homes
- Hanna, WV: less expensive homes
- Deerwalk, WV: less expensive homes
- North Hills, WV: higher priced homes
Cities with Similar Populations
- Tigrett, TN: less expensive homes
- Echola, AL: equally priced homes
- Eden Mills, VT: higher priced homes
- Edmund, WI: higher priced homes
- Ekonk, CT: higher priced homes
- El Jebel, CO: higher priced homes
- Elba, MN: higher priced homes
- Elbe, WA: higher priced homes
- Tanglewood Acres, CO: higher priced homes
- Tara, IA: equally priced homes
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