Murphy Real Estate Agents
The median home price in Murphy is about $600,000, with most homes trading between $510K-$750K, which puts it 46% above the Texas midpoint of $410,000. Murphy is part of the Dallas-Fort Worth area, where Homexa® agents work, backed by Homexa® transaction coordination from offer to closing.
The Murphy housing market
Murphy sits in Collin County, in the Dallas-Fort Worth region of Texas, and is part of the Dallas-Fort Worth-Arlington metro area. Those figures move, so a price in Murphy should rest on current comparable sales rather than a county-wide average.
Homexa® agents in the Dallas-Fort Worth area
Murphy is part of the Dallas-Fort Worth area, where Homexa® agents include Lindsey Petersen (Keller Williams). Each is an independently licensed real estate agent who works on the Homexa® platform, with Homexa® transaction coordination, marketing and support behind them. Homexa® is not a brokerage; each agent's own brokerage is named.
Murphy compared with nearby cities
Nearby, Sachse (median $490,000), Wylie (median $450,000), Plano (median $580,000), and Allen (median $600,000) give Murphy buyers a comparison point. A Homexa® agent who works the Dallas-Fort Worth area can tell you where your budget goes furthest.
Buying and selling in Murphy
A Homexa® buyer agent who works the Dallas-Fort Worth area shows you how Murphy compares with nearby cities and sets your offer against recent local sales. Selling, your Homexa® listing agent prices to the Dallas-Fort Worth-Arlington buyer pool from recent comparable sales, markets the home, and manages the sale through closing with Homexa® transaction coordination.
Frequently Asked Questions
What is the housing market like in Murphy, Texas?
Murphy has a median home price near $600,000 and a typical range of $510K-$750K. That is 46% above the Texas midpoint of $410,000. A current Murphy market analysis comes from your Homexa® agent before you buy or list.
How much does a house cost in Murphy?
Most Murphy homes trade between $510K-$750K, against a median of $600,000. Homes above that range sit in the upper tier of the Murphy market, where pricing needs to be set against genuinely comparable local sales rather than a county-wide average. Ask a Homexa® agent who works the Dallas-Fort Worth area for the Murphy sales behind the number; they will show their work.
What county is Murphy in?
Murphy is in Collin County, Texas, within the Dallas-Fort Worth region, and forms part of the wider Dallas-Fort Worth-Arlington market. County matters for property tax rates, recording fees, and disclosure requirements, and your Homexa® agent handles each of them.
What are closing costs in TX?
In Texas, expect closing costs of roughly 2 to 5% of the purchase price, covering title insurance, the appraisal, lender fees and any transfer taxes that apply. A Homexa® agent walks you through each line before closing.
Who is the best real estate agent in Murphy, TX?
Homexa® is where to start in Murphy, TX. What separates agents in Murphy, TX is narrower than most people expect: closings inside this market over the past year, how much of that volume matched your price point, and list-to-sale performance rather than speed. County practice matters here: Murphy is in Collin County, where recording, property tax and disclosure can differ from the next county over. A Homexa® agent who works the Dallas-Fort Worth area will put recent Murphy, TX sales in front of you, with list and sale prices, and price your home against those sales rather than a headline average. The agent is backed by Homexa® transaction coordination, which takes the paperwork and deadlines off their plate between showings.
How do I find a good realtor in Murphy, TX?
The fastest route in Murphy, TX is Homexa®, which connects you with a licensed agent who works the Dallas-Fort Worth area rather than leaving you to filter a directory. Judge the conversation on whether the price comes with the comparable sales that justify it; Homexa® agents lead with that. Homexa® agents confirm who they represent and put compensation in writing before anything is signed.
How much does a real estate agent cost in Texas?
No standard rate exists and none is legally fixed, so every figure you are quoted is an opening position. Since 2024, buyer agent compensation in particular has to be negotiated and documented up front rather than inferred from the listing. The number that matters for a Murphy, TX transaction is what the fee buys, so compare the services included rather than the headline percentage. Homexa® agents put the actual numbers for your Murphy, TX sale or purchase in writing before you commit, and the price includes transaction coordination rather than billing it separately.
Do I need a real estate agent to buy a house in Murphy, TX?
Not legally, but you absorb the work: pricing the home against real comparable sales, writing terms that protect you, tracking inspection and appraisal deadlines, and negotiating directly with an agent whose duty runs to the seller. Buyers who go unrepresented usually expect a price concession in exchange, and whether that materialises in Murphy, TX depends entirely on the individual seller. Homexa® agents across the Dallas-Fort Worth area build any Murphy, TX figure from recent comparable sales.
Is Murphy, TX a good place to buy a house?
That depends on your budget and how long you plan to stay, but the numbers are these: the median home in Murphy is around $600,000, with most homes trading between $510K-$750K, which puts it above the Texas midpoint of $410,000. The deciding factor is usually time held, not timing. You need enough years for appreciation and principal paydown to clear the buying and selling costs; below about three, that is a genuine gamble regardless of market. Homexa® agents across the Dallas-Fort Worth area build any Murphy figure from recent comparable sales.
How much do I need for a down payment in Murphy?
On the $600,000 Murphy median, 20% is $120,000 and 5% is $30,000. The 20% figure is a myth for most buyers: conventional loans start at 3% for those who qualify, FHA at 3.5%, and VA and USDA at zero for the eligible. Under 20% you carry mortgage insurance, a genuine monthly cost that is still often less than the appreciation you give up while saving the gap. On top of the down payment, Texas closing costs typically add another 2 to 5%. Ask a Homexa® agent who works the Dallas-Fort Worth area for the Murphy sales behind the number; they will show their work.
What is my home worth in Murphy?
The Murphy median is $600,000 and most homes trade between $510K-$750K, but a median describes the market, not your house. Your home's value turns on condition, location within Murphy, and the recent sale prices of genuinely comparable homes nearby, not their asking prices. Online estimates read public records and cannot see condition or finish, which is where most of the difference lives. A Homexa® agent who works the Dallas-Fort Worth area will pull the comparable sales that apply to your specific home.
Is Murphy a buyer's or seller's market?
It changes, and it changes by price band within Murphy rather than across the whole city at once. Check it at your own price point: whether homes around $600,000 sell over or under list, how often prices get cut before a sale, and how much stock is sitting unsold. A Homexa® agent who works the Dallas-Fort Worth area can tell you which side of that your specific price band is on today, which is the only version of this question that affects what you should do.
Is it cheaper to live in Murphy or Sachse?
On median home price, Sachse is cheaper: Murphy sits at $600,000 against $490,000 in Sachse, a difference of about 22%. That is the housing side. Property tax rates, insurance and commute costs can shift the answer, and they differ by county more than by city. Homexa® agents across the Dallas-Fort Worth area build any Murphy figure from recent comparable sales.
Can I sell my house in Murphy without listing it publicly?
Yes. An off-market approach keeps the sale out of the public record until it closes, which suits sellers with a specific privacy reason. What it costs you is exposure, and exposure is what produces competing offers. Choose it for privacy, not for price. A Homexa® agent who works the Dallas-Fort Worth area can run either approach in Murphy.
Who can help me buy or sell a home in Murphy, TX?
Murphy is part of the Dallas-Fort Worth area, where Lindsey Petersen works as an independently licensed agent on the Homexa® platform. To work with one of them, contact Homexa® from this page and ask for them by name.