Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$ ???
Since
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Property Facts
705 Valley River Ave, Murphy, NC is a single family home that contains 1,684 Sq. Ft. and was built in 1940. It contains 3 bedrooms and 2 bathrooms. This home last sold for $133,000 on 12/18/2014.
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County:CHEROKEE
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Year Built:1940
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Living Area:1,684 Sq. Ft.
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Lot Size:13,939 Sq. Ft.
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Zone:R1
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Parcel:459211678174000
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Bedrooms:3
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Bathrooms:2
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Owner:BURDEN MARCUS L
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Property History
Price History
Tax History
Year
Taxes
Total Assessment
2022
$972 (+20%)
$147,090 (0%)
2021
$810 (+7.86%)
$147,090 (0%)
2020
$751 (+19.21%)
$147,090 (+37.71%)
2019
$630 (0%)
$106,810 (0%)
2018
$630 (+2.27%)
$106,810 (+2.52%)
2017
$616 (0%)
$104,180 (0%)
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Market Trends
Murphy
28906
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a property's market value.
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
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Area Statistics
People
ZIP (28906)
City (Murphy)
Population
19,088
1,659
Population Density
57.2
650.6
People Per Household
2.2
2
Median Age
56.1
40.9
Median Household Income
$43,195
$32,486
Average Income
$26,722
$23,296
Economy
ZIP (28906)
City (Murphy)
Unemployment
3.50%
3.50%
Recent Job Growth
0.42%
0.42%
Future Job Growth
43.59%
43.59%
Sales Tax
7.00%
7.00%
Income Tax
4.99%
4.99%
Cost of Living Index
88.8
86.5
Environment
ZIP (28906)
City (Murphy)
Altitude
1739
1594
Rainfall (Inches Annually)
59.9
59.9
Snowfall (Inches Annually)
4
4
January Avg. Low Temp
25.2
25.2
July Avg. High Temp
85.3
85.3
Days of Precipitation Annually
124
124
Days Mostly Sunny Annually
205
205
Comfort Index (During Hot Weather)
7
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
PK-5
0.3 mi
9-12
0.8 mi
6-8
0.8 mi
K-11
2.4 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
