The story of this market
The typical home in ZIP 28906 sells for about $352,400, or $243 per square foot.
Prices are up +21.6% from a year ago, so sellers still have some momentum. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $797 a month.
ZIP 28906 — Murphy
The 28906 housing market is currently characterized as a buyer's market with a median sold price of $352,400. While listing prices remain higher, the market shows significant year-over-year price appreciation of 21.6%.
This area is primarily suited for retirees and those seeking a rural lifestyle, given the large land area and high senior population density.
Median prices moved up 21.6% year over year.
Homes spend a median of 72 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 11.6% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 28906, Cherokee County NC
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data sourced from US Census Bureau ZCTA 28906 profiles.
- Fields of the Wood4.812.4 mi
- Tank Town USA4.917.4 mi
- Bear Creek Adventures Mini Golf and Gem Mine4.86.9 mi
- Marina Station Water Park4.114.8 mi
- Georgia Mountain Fair Inc4.516.9 mi
- Crane Creek Vineyards4.812.2 mi
- The Mason Bar4.60.1 mi
- Sand Bar & Grille4.315 mi
- Grandaddy Mimm's Distilling Co. "The Co-Op"4.615.2 mi
- Fields of the Wood4.812.4 mi
- Bear Creek Adventures Mini Golf and Gem Mine4.86.9 mi
- Cherokee Lake Recreation Area4.77.5 mi
- Nottely Dam4.89.4 mi
- Cherokee Historical Museum4.60.1 mi
- Fields of the Wood4.812.4 mi
- Cherokee Historical Museum4.60.1 mi
- Ducktown Basin Museum4.719.8 mi
- Union County Historical Society4.815.2 mi
- The MAC - Murphy Art Center4.30 mi
- Murphy River Walk4.70.4 mi
- Panther Top Lookout, Tusquitee Ranger District, Nantahala National Forest4.84 mi
- Piney Knob Trail System4.53.5 mi
- Nottely Reservoir Trail4.79.6 mi
- Cherokee Lake Recreation Area4.77.5 mi
- Boundary Waters Resort & Marina4.717.3 mi
- Margarita Jack's Marina & RV4.517.2 mi
- Lake Chatuge Marina Boat Rental4.816.8 mi
- Nottely Boat Club & Marina4.811.7 mi
- Blue Ridge Boat Rentals4.919.1 mi
- Old Union Golf Course4.410.4 mi
- Ingles Markets4.52 mi
- Ingles Markets4.412.9 mi
- Deckers Flea Market3.95.3 mi
- Dollar General4.21.8 mi
- Dollar General4.25.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.