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.
$220,640
-13.7%
Since Jun 2024
Range: $154,448-$286,832
Evaluated May 28, 2025
1 Year
5 Years
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Property Facts
963 Valley River Ave, Murphy, NC is a single family home that contains 1,190 Sq. Ft. and was built in 1963. It contains 3 bedrooms and 1 bathroom. This home last sold for $115,000 on 10/28/2005.
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County:CHEROKEE
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Year Built:1963
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Living Area:1,190 Sq. Ft.
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Lot Size:9,148 Sq. Ft.
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Zone:R1
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Parcel:459207782047000
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Bedrooms:3
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Bathrooms:1
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Owner:HUGHES RESSIE A
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Property History
Price History
Date
Event
Price
Source
10/28/2005
Sold
$115,000
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2022
$ (-100%)
$132,850 (0%)
2021
$739 (+7.73%)
$132,850 (0%)
2020
$686 (+9.76%)
$132,850 (+25.52%)
2019
$625 (0%)
$105,840 (0%)
2018
$625 (-0.32%)
$105,840 (-0.33%)
2017
$627 (0%)
$106,190 (0%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
963 Valley River Ave
Murphy, NC 28906
This Property
-
3 Bed
1 Bath
1,190 Sq. Ft.
1963 Year Built
1
169 Thompson Hollow Road
Murphy, NC 28906
$45,250
5 Bed
3 Bath
1,448 Sq. Ft.
1974 Year Built
2
59 Lowell Street
Murphy, NC 28906
$245,000
2 Bed
0 Bath
0 Sq. Ft.
1946 Year Built
3
83 Aurora Lane
Murphy, NC 28906
$224,900
1 Bed
0 Bath
0 Sq. Ft.
2019 Year Built
4
85 Cloe Mooore Dr.
Murphy, NC 28906
$450,000
3 Bed
0 Bath
0 Sq. Ft.
2016 Year Built
5
234 Ashley Lane Unit 8
Murphy, NC 28906
$219,900
2 Bed
0 Bath
1,144 Sq. Ft.
1988 Year Built
6
100 Bentley Cove Unit 305
Murphy, NC 28906
$197,950
1 Bed
0 Bath
0 Sq. Ft.
2023 Year Built
7
145 Piney Woods Way
Murphy, NC 28906
$275,000
2 Bed
0 Bath
0 Sq. Ft.
1990 Year Built
8
30 Beaver Ridge Road
Murphy, NC 28906
$275,500
2 Bed
0 Bath
0 Sq. Ft.
1987 Year Built
9
827 Keener Road
Murphy, NC 28906
$329,000
2 Bed
0 Bath
1,094 Sq. Ft.
2016 Year Built
10
245 Sunnie Lane
Murphy, NC 28906
$332,500
2 Bed
0 Bath
0 Sq. Ft.
1996 Year Built
Sales in a non-disclosure state
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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.
May 2024
$295,475
Apr 2025
$335,000
Change
+13.4%
1 Year
2 Years
5 Years
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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.
1 Year
2 Years
5 Years
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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.
May 2024
102 Days
Apr 2025
95 Days
Change
-6.9%
1 Year
2 Years
5 Years
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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
1 Year
2 Years
5 Years
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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.
1 Year
2 Years
5 Years
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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
0.5 mi
9-12
0.6 mi
6-8
0.7 mi
K-11
2.5 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
