Murphy, TX · Houses & Market Data

Murphy, Texas houses and real estate market data.

Houses in Murphy, TX (Collin County) — Census median home value $508,500, county listing prices down about 1.8% over the past year. Market data for Murphy houses and the broader area.

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Murphy, TX is in Collin County, Texas — this guide covers houses in Murphy and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 21,001, with a median household income of $165,109. Census data puts Murphy houses at a median value of $508,500 (all owner-occupied homes); Collin County's current median listing price runs $530,000, down about 1.8% over the past year.

Info from government sites and builders may have provided source info.

Market overview

Murphy housing market

Murphy is in Collin County, Texas. Manifest Census and county price-trend data provide baseline context for houses in Murphy and the surrounding county market.

Median home value (Census ACS)

$508,500

Population (Census ACS)

21,001

Median household income

$165,109

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County-level FHFA price trend was not available in the manifest row.

At a glance

Murphy market snapshot

Population

21,001

County

Collin County

Median Household Income

$165,109

Median Home Value (city)

$508,500

Median Listing Price (Collin County)

$530,000

Median Gross Rent

$2,640/mo

Price Trend (YoY)

-1.8%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Murphy

What makes Murphy different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Murphy's median home value — across all owner-occupied homes, not just recent sales — at $508,500. Separately, Collin County's current median listing price (via Realtor.com data, 2026-06-01) runs $530,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Collin County's FHFA house price index shows a -0.75% annual change in 2025.

Population & Income

Murphy has an estimated population of 21,001 and a median household income of $165,109, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Murphy's Census-reported median home value works out to about 3.1x the area's median household income, and median gross rent runs roughly 19% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Murphy

County guide: Collin County — cities, market context, and local resources for the county that includes Murphy.

USAHouses.com also helps visitors looking in nearby Collin County and other Texas communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Parker, Sachse, St. Paul, Seis Lagos, Wylie, Lucas, Richardson, Allen, Garland, Plano, Fairview, Lavon, Lowry Crossing, Princeton, McKinney, New Hope.

More Texas cities with market guides: Dallas, Fort Worth, Arlington, Lubbock, Laredo, Irving, Garland, Amarillo.

Adjacent-county Census places with USAHouses.com pages: Rowlett (~7.8 mi), Rockwall (~12.0 mi), Mobile City (~13.1 mi), Addison (~13.6 mi), Fate (~13.8 mi), Sunnyvale (~15.2 mi), University Park (~15.9 mi), Farmers Branch (~16.8 mi), Highland Park (~17.0 mi), Mesquite (~17.8 mi), The Colony (~17.8 mi), Hackberry (~20.2 mi), Balch Springs (~20.9 mi), Lewisville (~21.4 mi), Little Elm (~21.8 mi), Union Valley (~21.9 mi).

New construction: New homes near Murphy (Arlington Tx) · New homes near Murphy (Austin) · Texas new construction.

Census & home facts

Murphy data from published sources

Population (ACS 2023)

21,001

Median home value (ACS 2023)

$508,500

Median household income (ACS 2023)

$165,109

Median gross rent (ACS 2023)

$2,640

County FHFA annual change (2025)

-0.75%

County median listing price (FRED/Realtor.com) (2026-06-01)

$530,000

Census place type

city

County

Collin County

Land area (Census Gazetteer 2024)

5.70 sq mi

Census GEOID

4850100

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

Local life

Life in Murphy

Schools

FRISCO ISD — 75 schools, 66,916 students enrolled, per the U.S. Department of Education's Common Core of Data. Collin addresses may be served by FRISCO ISD, but attendance zones vary by street — confirm assigned schools with the district before making a move.

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Common questions

Murphy FAQ

What are houses worth in Murphy, TX?

The Census Bureau's American Community Survey puts the median value of houses in Murphy at $508,500. Collin County's current median listing price runs $530,000, down about 1.8% over the past year.

How much do houses cost in Murphy, TX?

For owner-occupied houses in Murphy, Census ACS data shows a median value of $508,500. Active listing prices in Collin County may differ — see the market snapshot above.

What types of houses are in Murphy, TX?

Murphy houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Collin County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Murphy, TX?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Murphy's population at approximately 21,001.

What's the median rent in Murphy, TX?

The Census ACS estimates median gross rent in Murphy at approximately $2,640 per month.

What is the median household income in Murphy, TX?

Census ACS data puts the median household income in Murphy at approximately $165,109.

Is the Murphy housing market growing?

Collin County's FHFA house price index shows a -0.75% annual change in 2025.

Is Murphy, TX affordable relative to income?

Census ACS data puts Murphy's median home value at about 3.1 times the median household income, with median gross rent equal to roughly 19% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

What school district serves Murphy, TX?

Manifest and public school-directory data suggest FRISCO ISD for many Murphy addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.

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