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Frequently Asked Questions

Is Murphy a good place to live?
Murphy is a good place to live. Murphy is considered car-dependent and somewhat bikeable with some transit options. Murphy is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. It is sparse in population with 2.0 people per acre and a median age of 27. The average household income is $87,508 which is below the national average. College graduates make up 86.8% of residents. A majority of residents in Murphy are renters, with 58% of residents renting and 42% of residents owning their home. A local real estate agent serving Murphy can help you decide if this neighborhood is the right one for you. Learn more on our Murphy neighborhood guide.
Is Murphy, VA a safe neighborhood?
Murphy, VA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Murphy?
The median home price in Murphy is $625,000. If you put a 20% down payment of $125,000 and had a 30-year fixed mortgage with an interest rate of 6.48%, your estimated principal and interest payment would be $3,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $135K a year to afford the median home price in Murphy. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Murphy is $88K.
What are the best public schools in Murphy?
The best public schools that serve Murphy are:
What are the best private schools in Murphy?
The best private schools that serve Murphy are:
What are the most popular zip codes in Murphy, Blacksburg, VA?
The most popular zip codes in Murphy, Blacksburg, VA include 24060, 24087, 24162, 24073 and 24128.
What are the most popular neighborhoods near Murphy, Blacksburg, VA?
The most popular neighborhoods near Murphy, Blacksburg, VA are Woodbine-Wyatt, Shenandoah, Alleghany, Tom's Creek and McBryde.

Murphy Home Prices vs. Nearby Blacksburg, VA Neighborhoods

Murphy Mountain View Bennett Hill-Progress Grissom-Highland
Median Home Price
$625,000
$735,000
$497,300
$527,500
Median Sale Price
$615,000
+17% YoY
$697,000
+4% YoY
$510,000
+52% YoY
$485,000
+11% YoY
Median Single Family Price
$615,000
$679,000
$510,000
$499,000
Total Active Listings
0
6
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4
Market Conditions
0 Months
Seller's Market
4 Months
Seller's Market
0 Months
Seller's Market
2 Months
Seller's Market
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