Market Overview
Home Prices in Murchison, TX
The median home value in Murchison, TX is $252,533 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and down 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Murchison are priced38% below average. Murchison is part of the Athens, TX metro area.
Over the past five years, Murchison home values have risen by approximately17.9%, reflecting steady appreciation in this market.
Price History
Murchison Home Price Trend
City Comparison
Murchison vs. National Median
At $252,533, homes in Murchison cost 38% below the national median of $410,000. This makes Murchison a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Murchison?
20% Down Payment
$50,507
on $252,533
Monthly P&I
$1,317/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,673/mo
incl. taxes & insurance
Income Needed
$66,920
gross annual (30% rule)
10% Down Option
$25,253
+ PMI applies
Loan Amount (20% dn)
$202,026
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 Murchison, TX?
The median home value in Murchison is $252,533 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Murchison?
Over the past year, home values in Murchison have increased by 0.7%. Over five years, prices have risen approximately 17.9%.
How much do I need to earn to buy a home in Murchison?
To comfortably afford the median home price of $252,533 with a 20% down payment ($50,507) at today's rates (6.8%), you'd need a gross annual income of approximately $66,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Murchison compare to the national average home price?
The national median home value is approximately $410,000. At $252,533, homes in Murchison are 38% below the national average.
What metro area is Murchison part of?
Murchison is part of the Athens, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.