Above, you'll find an overview of the real estate market in Murphy, TX. Generally, real estate in the Murphy, TX area is less affordable in Texas, as the median price of a home in Murphy, TX is $304,100, which is 113% higher than the Texas average. The median rental price in Murphy, TX is $2,067. This is 127% higher than the average rental price in Texas. Home owners comprise 88.1% of the population of Murphy, TX, where an average of 3.8 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Murphy, TX. Below, you can search for real estate listings in Murphy, TX using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.