Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 7,768 people, 3,368 houses or apartments, and a median cost of homes of $95,530, house prices in Murphysboro are solidly below the national average.
Single-family detached homes are the single most common housing type in Murphysboro, accounting for 65.68% of the city's housing units. Other types of housing that are prevalent in Murphysboro include duplexes, homes converted to apartments or other small apartment buildings ( 14.84%), large apartment complexes or high rise apartments ( 12.46%), and a few mobile homes or trailers ( 6.42%).
People in Murphysboro primarily live in small (one, two or no bedroom) single-family detached homes. Murphysboro has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Murphysboro built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Murphysboro built between 1940-1969 ( 31.89%). A lesser amount of the housing stock also hails from before 1939 ( 31.21%). There's also some housing in Murphysboro built between 2000 and later ( 3.82%).
Vacant housing appears to be an issue in Murphysboro. Fully 20.55% of the housing stock is classified as vacant. Left unchecked, vacant Murphysboro homes and apartments can be a drag on the real estate market, holding Murphysboro real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Murphysboro have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.39%, which ranks in the top 50% nationwide. This equates to an annual average Murphysboro house appreciation rate of 0.04%.
NeighborhoodScout's data show that during the latest twelve months, Murphysboro's appreciation rate, at 4.33%, has been at or slightly above the national average. In the latest quarter, Murphysboro's appreciation rate has been -2.01%, which annualizes to a rate of -7.80%.
Notably, Murphysboro's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Illinois, our data show that Murphysboro's latest annual appreciation rate is higher than 80% of the other cities and towns in Illinois.
|$787,001 - $1,049,000||0.0|
|$524,001 - $787,000||0.3|
|$420,001 - $524,000||0.6|
|$315,001 - $420,000||1.5|
|$210,001 - $315,000||8.4|
|$105,001 - $210,000||23.3|
|$52,001 - $105,000||36.0|
|$0 - $52,000||30.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Murphysboro HOMES|
|2000 or Newer||3.8|
|1970 - 1999||33.1|
|1940 - 1969||31.9|
|1939 or Older||31.2|
|TYPE OF Murphysboro HOMES|
|Small Apt. Buildings||14.8|
|SIZE OF Murphysboro HOMES|
|5 or more bedrooms||0.85|