Murphy, ID—83650
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Murphy, ID
As of Oct '25, the median home price in Murphy, ID is $409,000, with a year-over-year change of 2.0%. This indicates that home prices in Murphy, ID are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $409,000 | 2.0% |
| Single Family | $409,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Murphy, ID
Murphy, ID lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Murphy, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Murphy, ID is 111. This is a decrease of -38.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $640,000 | -53.0% |
Listing Count | 2 | 100.0% |
| Listings as % of Homes | 0.3% | 100.0% |
Days on Market | 111 | -38.0% |
Demographics — Murphy, ID
As of the latest ACS Survey released in 2023, Murphy, ID has a population of 550, which has decreased by -2.5% over the past 5 years. Murphy, ID is a moderately popular place for families, as children make up 18.2% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 550 | -2.5% |
% Under 18 | 18.2% | -12.9% |
% Seniors | 24.2% | 11.0% |
% WFH | 9.2% | -65.3% |
% w/ College Degree | 13.3% | 107.8% |
As of the latest ACS Survey released in 2023, Murphy, ID is a predominantly white area, with 79.3% of the population identifying as white. The white population has grown by 16.1% in the last 5 years. The second most common race or ethnicity in Murphy, ID is hispanic, making up 15.3% of the population. Foreign-born residents account for 0.4% of the population in Murphy, ID, and this percentage has decreased by 97.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.3% | 16.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 15.3% | -45.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | -97.8% |
Mortgage and Risk — Murphy, ID
Murphy, ID lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Murphy, ID
Murphy, ID lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,070 |
| 2 Bedroom | N/A | N/A | $1,270 |
| 3 Bedroom | N/A | N/A | $1,780 |
| 4 Bedroom | N/A | N/A | $2,120 |
Affordability — Murphy, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9 |
| Median Home Price | $409,000 |
| Median Household Income | $44,400 |