Zip lookup · NC

28906
Murphy, North Carolina.

Murphy, Cherokee County, NC · population 20,526

What it costs per month · 28906 $1,439/mo

to buy the typical home at today's mortgage rate — +$854 (+146%) since Jan 2020.

What the home itself did
1 year
Down $1,148 -0%
$275,221$274,073 since Sep 2025
5 years
Up $53,758 +24%
$220,314$274,073 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 28906 $1,439 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 28906$1,439
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 16 years.

Typical home values in zip 28906 fell 0.4% over the past year — slower than the nation's +1.2%.

Zillow also publishes an index for the city itself: Murphy, NC — measured over the city limits, which is a different area from this zip.

Asking rent $1,583 as of Aug 2026
Typical home value $274,073 as of Sep 2026
-0.4%year on year

Asking rent — 28906

Against the metro metro and the national benchmark.

Not enough data to draw this yet.

Typical home value — 28906

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 28906 $274,073 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 28906$274,073
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
11.3 28905 Marble 3,056 — $235,628
11.9 28902 Brasstown 986 — $314,170
12.6 37391 Turtletown 1,530 — $214,799
13.0 37333 Farner 513 — $142,241
13.7 30559 Mineral Bluff 5,024 — $501,585
15.3 28909 Warne 1,002 — $284,790
15.9 37385 Tellico Plains 9,015 — $251,556
17.0 30560 Morganton 4,295 — $487,894
17.7 30582 Young Harris 5,284 — $391,710
18.6 37317 Copperhill 2,582 — $204,565
19.3 30555 McCaysville 2,607 — $321,709
19.4 28901 Andrews 5,552 — $215,028

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.