Is Murphys, CA 95247 a buyer’s or seller’s market?

The Murphys housing market right now

In the three months ending August 31, 2026, 10% of homes in Murphys, CA 95247 sold above their list price, the typical home went under contract in 32 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 32 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold faster (43 days then) and the median sale price rose 22% to $599,740. Overall, Murphys is about as competitive as it was a year ago.

Within Calaveras County, homes here sell faster than in 82% of the county’s ZIP codes, and sell more often over asking than in 64%. On our competition score, Murphys ranks #973 of 1,069 CA ZIP codes with enough sales (score 29 out of 100).

Nearby, buyers who want less competition could look at Wilseyville 95257 (0% sold over asking) or Vallecito 95251 (0% sold over asking), while Valley Springs 95252 (38% sold over asking) and West Point 95255 (33% sold over asking) are even more competitive.