Market Overview
Home Prices in Murphysboro, IL
The median home value in Murphysboro, IL is $124,186 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.7% compared to a year ago and up 7.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Murphysboro are priced70% below average. Murphysboro is part of the Carbondale-Marion, IL metro area.
Over the past five years, Murphysboro home values have risen by approximately45.8%, reflecting strong long-term appreciation in this market.
Price History
Murphysboro Home Price Trend
City Comparison
Murphysboro vs. National Median
At $124,186, homes in Murphysboro cost 70% below the national median of $410,000. This makes Murphysboro a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Murphysboro?
20% Down Payment
$24,837
on $124,186
Monthly P&I
$648/mo
30-yr @ 6.8%
Total Monthly Est.
~$823/mo
incl. taxes & insurance
Income Needed
$32,920
gross annual (30% rule)
10% Down Option
$12,419
+ PMI applies
Loan Amount (20% dn)
$99,349
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 Murphysboro, IL?
The median home value in Murphysboro is $124,186 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.7% year-over-year.
How much have home prices changed in Murphysboro?
Over the past year, home values in Murphysboro have increased by 7.7%. Over five years, prices have risen approximately 45.8%.
How much do I need to earn to buy a home in Murphysboro?
To comfortably afford the median home price of $124,186 with a 20% down payment ($24,837) at today's rates (6.8%), you'd need a gross annual income of approximately $32,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Murphysboro compare to the national average home price?
The national median home value is approximately $410,000. At $124,186, homes in Murphysboro are 70% below the national average.
What metro area is Murphysboro part of?
Murphysboro is part of the Carbondale-Marion, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.