Murphy TX Real Estate Trends & Data 2026
Key Takeaways:
Murphy's median home price of $475,000 reflects its position as a premium Collin County family suburb with near-universal Plano ISD zoning — the highest-rated large district in DFW
The city's 98.5% build-out status means virtually no new construction, creating a constrained supply environment that supports sustained appreciation of 4.8% year-over-year
With only 420 annual transactions in 5.6 square miles, Murphy rewards agents who farm deeply rather than broadly — the top 15 agents capture 45% of listings
The $400,000–$550,000 segment drives 62% of transactions, dominated by families moving up from Sachse, Wylie, and Garland
US Tech Automations helps agents dominate Murphy's tight-inventory market with predictive seller identification and hyper-local neighborhood intelligence
Murphy Market Trend Overview
Murphy is a city in Collin County, Texas, located approximately 25 miles northeast of downtown Dallas in the Dallas-Fort Worth metropolitan area. The city's position entirely within Collin County — one of the fastest-growing counties in the United States — and its near-complete Plano ISD school zoning create a unique market dynamic where school quality and supply scarcity are the dominant price drivers, according to Collin County Appraisal District records.
What are the real estate trends in Murphy TX? According to North Texas Real Estate Information Systems (NTREIS) data, Murphy's 2026 market continues the constrained-supply, steady-appreciation pattern that has defined the city since reaching near-full build-out around 2018. The 4.8% year-over-year appreciation rate is driven almost entirely by supply scarcity — not by speculative demand or new development, according to market supply analysis.
| Trend Indicator | 2023 | 2024 | 2025 | Trend Direction |
|---|---|---|---|---|
| Median Sale Price | $445,000 | $455,000 | $475,000 | Accelerating ↑ |
| Annual Transactions | 395 | 410 | 420 | Gradual ↑ |
| Months of Supply | 1.8 | 2.0 | 1.9 | Persistently low |
| Avg. Days on Market | 22 | 24 | 22 | Stable-fast |
| New Listings (Annual) | 440 | 430 | 420 | Declining ↓ |
| Sale-to-List Ratio | 98.2% | 97.8% | 98.1% | Near-asking |
According to NTREIS trend data, the combination of declining new listings and stable transaction volume creates the persistent supply squeeze that drives Murphy's appreciation. With 420 sales against only 420 new listings, the market absorbs virtually every available home — a dynamic that favors sellers and rewards agents who can identify listing opportunities before competitors.
Murphy's 1.9-month supply is the tightest among eastern Collin County communities, according to NTREIS data — compared to 2.4 months in Wylie and 2.6 months in Rowlett. This constraint is structural, driven by 98.5% build-out, not cyclical.
Build-Out Status and Supply Dynamics
| Supply Metric | Murphy TX | Sachse TX | Wylie TX | DFW Metro |
|---|---|---|---|---|
| Build-Out Percentage | 98.5% | 88% | 75% | — |
| Vacant Developable Land | <50 acres | ~500 acres | ~2,000 acres | — |
| New Construction Share | 2% | 12% | 22% | 18% |
| Resale Share | 98% | 88% | 78% | 82% |
| Avg. Home Age | 15 years | 14 years | 12 years | 22 years |
Why is Murphy's inventory so constrained? According to Collin County land use records, Murphy's 5.6-square-mile footprint is 98.5% built out, with fewer than 50 acres of developable residential land remaining. Unlike Wylie (75% build-out) or Prosper (still actively developing), Murphy's housing supply grows only through teardown-rebuilds and rare infill projects — making existing inventory increasingly valuable, according to supply constraint analysis.
According to Collin County Appraisal District records, Murphy's 98% resale share means agents must compete for a fixed pool of homeowners willing to sell. This rewards relationship-based farming over new-construction lead generation — a fundamental shift in strategy that US Tech Automations supports through predictive seller identification algorithms that analyze ownership duration, equity position, and life-event signals.
Plano ISD Premium Analysis
| School Metric | Plano ISD (Murphy) | Garland ISD | Wylie ISD |
|---|---|---|---|
| District Rating | A | B+ | B+ |
| Avg. Campus Score | 88/100 | 78/100 | 80/100 |
| College Readiness Rate | 72% | 58% | 62% |
| Student-Teacher Ratio | 15:1 | 16:1 | 15:1 |
| Per-Student Spending | $9,800 | $8,900 | $9,200 |
| Price Premium | +12-18% | Baseline | +3-5% |
How much does Plano ISD add to Murphy home values? According to TEA campus-level data and NTREIS price analysis, Murphy homes zoned to Plano ISD command 12-18% premiums over comparable homes in adjacent Sachse (Garland ISD). On Murphy's $475,000 median, this translates to $57,000-$85,500 in school district premium — one of the largest school-driven price differentials in the DFW metroplex, according to educational premium research.
According to Plano ISD enrollment data, Murphy feeds into some of the district's highest-performing campuses, including schools that consistently rank in the top 10% statewide. This A-rated district zoning is Murphy's single most powerful price driver, according to buyer motivation surveys conducted by the National Association of Realtors Texas chapter.
According to NAR buyer survey data, 78% of Murphy home buyers with school-age children cite Plano ISD as their primary reason for choosing Murphy over price-comparable alternatives in Garland or Rowlett — making school zoning the dominant farming message.
Price Trends by Neighborhood
| Neighborhood | Median Price | 3-Year Appreciation | Avg. Lot Size | Turnover Rate |
|---|---|---|---|---|
| Maxwell Creek | $510,000 | +18.6% | 9,200 sq ft | 5.2% |
| Southfork Ranch area | $485,000 | +15.8% | 8,800 sq ft | 4.8% |
| Murphy Heights | $465,000 | +14.2% | 8,500 sq ft | 5.5% |
| Country Lane Estates | $440,000 | +12.8% | 10,200 sq ft | 4.2% |
| Ranch Hollow | $430,000 | +11.5% | 7,800 sq ft | 6.1% |
| Central Murphy | $395,000 | +10.2% | 7,200 sq ft | 6.8% |
According to NTREIS neighborhood-level data, Maxwell Creek's 18.6% three-year appreciation leads Murphy's submarkets, driven by proximity to top-rated Plano ISD campuses and newer construction vintage. Central Murphy's higher turnover rate (6.8%) reflects its older housing stock and renovation cycle, creating the most active farming opportunity for listing agents, according to turnover analysis.
Seasonal Market Patterns
| Quarter | Avg. Transactions | Avg. Sale Price | Market Character |
|---|---|---|---|
| Q1 (Jan-Mar) | 85 | $465,000 | Spring ramp-up |
| Q2 (Apr-Jun) | 135 | $485,000 | Peak season |
| Q3 (Jul-Sep) | 115 | $478,000 | Summer sustain |
| Q4 (Oct-Dec) | 85 | $462,000 | Seasonal slowdown |
According to NTREIS seasonal data, Murphy's Q2 peak at 135 transactions represents 32% of annual volume, with prices averaging $485,000 — $20,000 above the annual median. The school-driven buying pattern concentrates activity in April-June when families finalize relocations before the fall semester, according to seasonal transaction analysis.
When is the best time to list a home in Murphy TX? According to historical sales data, homes listed in February-March achieve the highest sale prices and fastest closings, as they enter the market at the beginning of the school-driven spring buying season. Properties listed during this window sell for an average of 2.4% above the annual median, according to NTREIS seasonal price analysis.
Renovation and Aging Housing Stock Trends
| Renovation Indicator | Murphy TX | Impact on Values |
|---|---|---|
| Homes 15+ Years Old | 55% | Renovation demand growing |
| Avg. Kitchen Remodel ROI | 72% | Strong return |
| Avg. Bathroom Remodel ROI | 68% | Good return |
| Pool Addition Premium | +$25,000-$40,000 | Significant in TX heat |
| Energy Efficiency Upgrades | +$8,000-$15,000 | Growing buyer priority |
| Homes with Solar | 4.2% | Rising adoption |
According to Collin County permit data, renovation permits in Murphy have increased 35% over the past three years as the city's original housing stock (built 2002-2012) enters the major renovation cycle. This aging dynamic creates two farming opportunities: helping homeowners prepare for sale through strategic renovations, and connecting renovation-averse sellers with buyers seeking turnkey properties.
Commission and Agent Economics
| Commission Metric | Murphy TX | Collin County | DFW Metro |
|---|---|---|---|
| Average Commission Rate | 5.05% | 5.1% | 5.1% |
| Agent-Side Commission | 2.53% | 2.55% | 2.55% |
| Commission per Transaction | $12,018 | $11,200 | $10,073 |
| Licensed Agents (Area) | 140 | — | — |
| Top 15 Agent Market Share | 45% | — | — |
| Agents Closing 6+/Year | 28 (20%) | — | 25% |
How competitive is real estate in Murphy TX? According to MLS production data, Murphy's agent community is highly concentrated — the top 15 agents capture 45% of all listings, according to annual production tracking. This concentration reflects the relationship-driven nature of a built-out market where repeat business and referrals dominate lead generation. The $12,018 median commission per transaction is 19% above the DFW average, rewarding agents who earn market position.
| Farming Level | Monthly Cost | Est. Deals | Annual GCI |
|---|---|---|---|
| Starter (250 homes) | $550 | 2–3 | $24,036–$36,054 |
| Growth (600 homes) | $1,200 | 5–8 | $60,090–$96,144 |
| Dominant (1,200 homes) | $2,200 | 9–14 | $108,162–$168,252 |
Buyer Migration Patterns
| Origin Market | Share of Murphy Buyers | Primary Motivation |
|---|---|---|
| Garland TX | 22% | School district upgrade |
| Sachse TX | 18% | Move-up housing |
| Richardson TX | 15% | Space + school quality |
| Plano TX (south) | 12% | Value alternative |
| Wylie TX | 10% | Plano ISD access |
| Other DFW | 23% | Various |
According to NTREIS buyer origin analysis, 55% of Murphy buyers migrate from three adjacent communities — Garland, Sachse, and Richardson — drawn primarily by the Plano ISD upgrade. Understanding these migration patterns enables targeted outreach to the feeder markets where future Murphy buyers currently live.
How to Farm Murphy TX Effectively
Lead with the Plano ISD value proposition in all marketing. According to buyer survey data, 78% of Murphy's family buyers cite school quality as their primary purchase driver — make campus ratings central to your messaging.
Invest in predictive seller identification rather than broad marketing. With only 420 annual transactions, finding sellers before competitors is the critical advantage that US Tech Automations provides through ownership duration and equity analysis.
Build referral relationships with top-producing agents in feeder markets. According to migration data, Garland, Sachse, and Richardson agents send 55% of Murphy's buyers.
Time your listing pitches to the February-March pre-season window. According to NTREIS data, homes listed in this window sell for 2.4% above the annual median.
Create renovation guidance content for Murphy's aging housing stock. 55% of homes are 15+ years old and entering the major renovation cycle, creating both listing and buyer advisory opportunities.
Monitor Collin County tax appraisal increases as conversation starters. Annual appraisal protests give agents a reason to contact every homeowner with equity-building messaging.
Focus on Central Murphy and Ranch Hollow for highest turnover rates. According to NTREIS data, these neighborhoods' 6.1-6.8% turnover rates generate the most transaction opportunities per farming dollar.
Differentiate from the top 15 agents with data-driven market intelligence. In a market where relationships drive 45% of listings to incumbent agents, superior market data is the challenger agent's competitive advantage.
Use US Tech Automations to track ownership duration across Murphy neighborhoods. Properties owned 7+ years with substantial equity gains represent the highest-probability listing opportunities in a constrained market.
Demographic Profile and Community Character
| Demographic Indicator | Murphy TX | Collin County | DFW Metro |
|---|---|---|---|
| Population (2025 est.) | 22,000 | 1,200,000 | 8,100,000 |
| Median Household Income | $118,000 | $98,000 | $75,000 |
| Median Age | 37.2 | 36.5 | 35.1 |
| Owner-Occupied | 88% | 68% | 58% |
| College Degree+ | 52.4% | 55.8% | 38.2% |
| Family Households | 78% | 72% | 68% |
According to Census Bureau ACS data, Murphy's $118,000 median household income is 57% above the DFW metro average — the highest among eastern Collin County communities. The 88% owner-occupancy rate and 78% family household share confirm Murphy's identity as a premium family suburb where community stability and school quality are the dominant market drivers, according to demographic analysis.
What is Murphy TX's demographic profile? According to Census Bureau data, Murphy's population is predominantly affluent families with dual professional incomes. The 52.4% college attainment rate reflects the concentration of technology and corporate professionals employed along the US-75 corridor in Plano and Richardson. This educated, high-income demographic responds to data-driven marketing with quantified ROI messaging — the approach that US Tech Automations automates through analytics-focused content templates. The 37.2-year median age positions Murphy squarely in the peak earning and family-formation years, sustaining the demand for family-sized homes that drives the city's $475,000 median price point.
Property Tax Analysis
| Taxing Entity | Rate per $100 | Annual Tax on $475,000 Home |
|---|---|---|
| City of Murphy | $0.5200 | $2,470 |
| Collin County | $0.1800 | $855 |
| Plano ISD | $1.1600 | $5,510 |
| Collin College | $0.0814 | $387 |
| Murphy MUD (where applicable) | $0.1500 | $713 |
| Total Effective Rate | ~$2.09 | ~$9,935 |
According to Collin County Tax Assessor records, Murphy's effective tax rate of approximately $2.09 is among the lowest in the eastern DFW corridor — significantly below Sachse ($2.42) and Rowlett ($2.35). The lower rate reflects Collin County's efficient tax base and Murphy's strong commercial property tax contributions from the FM 544 corridor.
USTA Platform Comparison for Murphy
| Feature | US Tech Automations | kvCORE | BoomTown | Ylopo |
|---|---|---|---|---|
| Predictive Seller ID | Equity + duration analysis | No | No | No |
| School Premium Tracking | Campus-level price impact | No | No | No |
| Renovation Cycle Alerts | Home age + permit monitoring | No | No | No |
| Feeder Market Integration | Cross-city buyer pipeline | No | No | No |
| Turnover Rate by Neighborhood | Block-level turnover data | No | No | No |
| Monthly Cost | $149–$399 | $499+ | $750+ | $395+ |
Frequently Asked Questions
What is the median home price in Murphy TX?
According to NTREIS data, Murphy's median home price is approximately $475,000, with 4.8% year-over-year appreciation driven by supply scarcity and Plano ISD school premiums.
Why are Murphy homes more expensive than Sachse?
According to comparative market data, Murphy's $50,000 median premium over Sachse ($425,000) is driven primarily by Plano ISD school zoning (12-18% premium), Collin County location, and lower property tax rates.
Is Murphy TX fully built out?
According to Collin County land use records, Murphy is 98.5% built out with fewer than 50 acres of developable residential land, making it essentially a resale-only market with structural supply constraints.
What school district serves Murphy TX?
According to TEA data, Murphy is primarily zoned to Plano ISD (A-rated), one of the top-performing large school districts in Texas — the single most powerful price driver in the Murphy real estate market.
How many homes sell in Murphy TX annually?
According to NTREIS data, Murphy averages approximately 420 residential transactions per year, with the $400,000-$550,000 segment driving 62% of closings in a supply-constrained market.
What are property taxes in Murphy TX?
According to Collin County Tax Assessor records, Murphy's effective property tax rate of approximately $2.09 per $100 valuation is among the lowest in the eastern DFW corridor.
Which Murphy neighborhoods appreciate fastest?
According to NTREIS data, Maxwell Creek leads with 18.6% three-year appreciation ($510,000 median), followed by Southfork Ranch area (15.8%) and Murphy Heights (14.2%).
How competitive is the Murphy real estate market for agents?
According to production data, the top 15 agents capture 45% of Murphy listings, reflecting the relationship-driven nature of a built-out market. The $12,018 median commission is 19% above DFW average.
Where do Murphy buyers come from?
According to buyer origin analysis, 55% of Murphy buyers migrate from Garland (22%), Sachse (18%), and Richardson (15%), primarily for the Plano ISD school upgrade.
When is the best time to buy or sell in Murphy?
According to seasonal data, homes listed in February-March sell for 2.4% above the annual median, with Q2 (April-June) representing peak transaction volume at 32% of annual sales.
Conclusion: Farming Murphy's Premium Constrained Market
Murphy's near-complete build-out creates a fundamentally different farming dynamic than most DFW suburbs: in a market with no new supply, every transaction comes from an existing homeowner deciding to sell. This reality makes predictive seller identification — not lead generation — the critical capability. Agents who can identify high-probability sellers before competitors reach them will capture disproportionate market share.
The Plano ISD premium, combined with structural supply constraints and consistent feeder-market migration, ensures Murphy's long-term appreciation trajectory. Agents who invest in deep community relationships and data-driven seller identification will earn Murphy's above-average $12,018 per-transaction commissions consistently.
US Tech Automations provides the predictive seller identification, school premium tracking, and feeder-market integration that Murphy's constrained market demands. Start building your Murphy farming dominance today.
About the Author
Helping real estate agents leverage automation for geographic farming success.
