Murphy, TX Real Estate

According to census data in the year 2000 there were 1,122 housing units in Murphy. This represents a 117.4% growth from 516 in 1990.

Of those housing units, 907 were located in either urbanized areas or urban clusters, and 215 were located in what is classified as a rural area.

Homeownership rate in Murphy is about 95.4%. Murphy's vacancy rate, including seasonal lodging, is about 8.6%. Average household size is 3.03 people.

The majority of houses, apartments or condos in Murphy were built after 1989.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.40%
Two Bedrooms3.40%
Three Bedrooms35.50%
Four Bedrooms55.90%
Five Bedrooms or more4.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.04
Median year structure was built1991
Median Value of occupied units$169,700
Median Price asked for vacant units$185,500

Rented Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1972

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.30%
Home Equity Loan2.50%
Simple Mortgage76.40%
Debt Free13.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.7%