Market Overview
Home Prices in Murphys, CA
The median home value in Murphys, CA is $485,554 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2% compared to a year ago and down 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Murphys are priced18% above average. Murphys is part of the Sonora, CA metro area.
Over the past five years, Murphys home values have risen by approximately6.5%, reflecting steady appreciation in this market.
Price History
Murphys Home Price Trend
City Comparison
Murphys vs. National Median
At $485,554, homes in Murphys cost 18% above the national median of $410,000. Buyers in Murphys should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Murphys?
20% Down Payment
$97,111
on $485,554
Monthly P&I
$2,532/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,216/mo
incl. taxes & insurance
Income Needed
$128,640
gross annual (30% rule)
10% Down Option
$48,555
+ PMI applies
Loan Amount (20% dn)
$388,443
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Murphys, CA?
The median home value in Murphys is $485,554 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2% year-over-year.
How much have home prices changed in Murphys?
Over the past year, home values in Murphys have decreased by 2%. Over five years, prices have risen approximately 6.5%.
How much do I need to earn to buy a home in Murphys?
To comfortably afford the median home price of $485,554 with a 20% down payment ($97,111) at today's rates (6.8%), you'd need a gross annual income of approximately $128,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Murphys compare to the national average home price?
The national median home value is approximately $410,000. At $485,554, homes in Murphys are 18% above the national average.
What metro area is Murphys part of?
Murphys is part of the Sonora, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.