Murphy, NC Real Estate
According to census data in the year 2000 there were 790 housing units in Murphy.
This represents a 1.6% decline from 803 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 790 were located in what is classified as a rural area.
Homeownership rate in Murphy is about 55.2%.
Murphy's vacancy rate, including seasonal lodging, is about 11.8%.
Average household size is 2.12 people.
The majority of houses, apartments or condos in Murphy were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.20% |
| One Bedroom | 10.50% |
| Two Bedrooms | 37.30% |
| Three Bedrooms | 39.10% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $78,100 |
| Median Price asked for vacant units | $27,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $188 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.30% |
| Home Equity Loan | 7.40% |
| Simple Mortgage | 31.40% |
| Debt Free | 59.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.7% |
