The Unshakable Investor

Unshakable ZIP Data 28906 | Murphy, NC Housing Market

Murphy · Cherokee County · North Carolina · Data updated June 19, 2026

The median sale price in ZIP 28906, Murphy, North Carolina is $329,902 at $254 per square foot. 130 single-family homes sold in the latest period, up 4.6 percent from a year earlier. Homes sit a median of 48 days on market with 6.9 months of supply. Sellers are getting 96.9 percent of list price and 10.3 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$283,371
Average price per sq ft$218
Median sale price$329,902
Median sale price per sq ft$254
Median home size1,300 sq ft
Median new listing price$362,303+6.6%
National size rank6,452

Sales activity

MetricValueYear over year
Homes sold130+4.6%
Median days on market48 days
Months of supply6.9 months
New listings251+7.6%
Active listings433+5.0%
Pending sales137+10.3%

Pricing power

MetricValueYear over year
Average sale-to-list ratio96.9%+1.1 pts
Share sold above list10.3%-3.4 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$212,927
2-bedroom
$294,984
3-bedroom
$340,190
4-bedroom
$391,493

These figures describe the single-family market for Murphy, North Carolina ZIP 28906. They are market context, not a substitute for sold comps or a formal appraisal.