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Median Home Price in Murphy, TX

The median home value in Murphy, TX is $580,424 as of 2026-06-30, down 4.68% from a year earlier.

Median Home Value

$580,424

Year-over-Year

-4.68%

Population

20,867

Murphy ranks #22 of 346 Texas cities tracked here by median home value, and sits 113.6% above the state's city median of $271,742. It sits in Collin County, where the county-wide median is $486,570.

Crime in Murphy

Murphy police recorded a violent crime rate of 43 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 474 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Murphy

How much does a house cost in Murphy, TX?

The median home value in Murphy is $580,424. That's down 4.68% from a year earlier. That is about 113.6% above the typical county in Texas.

Is Murphy expensive compared to the surrounding area?

Homes in Murphy are more expensive than Collin County as a whole, where the median is $486,570 — a difference of about 19.3%.

Is Murphy a safe place to live?

Murphy police reported 43 violent crimes per 100,000 residents, covering a population of about 20,867. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.