Median price for residential apartments in Murphys, CA as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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196 Murphys, CA, USA apartments for sale
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Murphys
According to statistics, the population in Murphys, CA amounts to 2,070, which shows decline -1% compared to the previous year. The median age of the city’s residents is 62. The average household income is $46,117, shifting growth 6% from the past year, and the average property value in Murphys, CA growth 10% to $305,700 throughout the year.
| Population | 2,070 |
| Median Age | 62.2 |
| Poverty Rate | 10% |
| Household Income | $46,117 |
| Number Of Employees | 708 |
| Median Property Value | $305,700 |
Household Income
The average household income in Murphys, CA grew from $43,686 to $46,117 in the past year. This data is an estimate based upon 1,063 households in Murphys, CA . The chart below presents how household income is distributed in Murphys, CA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Murphys, CA shifted from $277,200 to $305,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Murphys, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Murphys, CA properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Murphys, CA compared to median property taxes around the country. The prevalent amount of property taxes in Murphys, CA equals $2500, which is less than the national average.
Housing Trends
How much does an apartment cost in Murphys, CA, USA
Average apartment sale in Murphys: $523,905 (-1%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $372,907 | -1.7% |
| 2-bed apartments | $358,333 | +0% |
| 3-bed apartments | $754,118 | +0.2% |
| 4+ bed apartments | $879,000 | +5.6% |
During Jan 2023, the average price for an apartment in/near Murphys, CA decreased by 1% to $523,905.
Knowing the current property prices is key if you plan to buy a studio in Murphys, CA. The average price for a studio has decreased since the last month, currently being $372,907. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $358,333. A 3-bed apartment goes for $754,118, it increased by 0.2% lately. We discerned the rise of 4- and more bed apartment price. It increased by 5.6% and made it up to $879,000.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Other for sale | $1,380,400 | +0% |
| Lofts for sale | $647,455 | +4.7% |
| Land for sale | $134,479 | +3.4% |
| Houses for sale | $724,331 | +0.4% |
| Apartments for sale | $177,500 | -38.6% |
| Condos for sale | $350,000 | N/A |
The average cost of an apartment in Murphys, CA decreased by 38.6% to $177,500. Price reports demonstrate that house price increased by 0.4% this month making it up to $724,331. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $350,000. The price dynamics of lofts changed, it increased by 4.7%, the price tag now starts at $647,455. The average price of the land for sale in Murphys, CA has increased by 3.4%, and now equals $134,479. Other types of properties for sale would cost $1,380,400 on average. Our data shows that this amount has stayed roughly the same compared to Dec.
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