The story of this market
The typical home in ZIP 83650 sells for about $550,000, or $250 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 83650 — Murphy
The housing market in Murphy is characterized by extremely low inventory and infrequent sales, typical of a small, rural county seat. Market conditions remain stable with no significant price volatility or development pressure. Data for specific metrics like active listings and days on market are based on limited local activity.
This ZIP is best suited for those seeking rural isolation, government employees working at the county seat, or individuals involved in the local agricultural economy.
Median prices moved up 2.1% year over year.
Homes spend a median of 65 days on market with 6.0 months of supply — a balanced-paced market.
15% 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 4.1% · poverty 8.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 83650, Owyhee County ID
Crime in Murphy is extremely low, consistent with its status as a small, rural county seat in a sparsely populated region.
Public education is provided by the Bruneau-Grand View Joint School District, which serves a large, rural geographic area with limited local school facilities.
The area faces risks typical of high-desert environments, including wildfire potential and seasonal wind events, with limited flood risk in the immediate town center.
Economic momentum is tied to Owyhee County government operations and regional agricultural activity, with minimal new commercial or residential development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Idaho) — Homestead Property Tax Exemption: Exempts the lesser of $125,000 or 50% of the market value for assessment purposes from property taxation. Formula: Exemption = min($125,000, 0.50 * Market Value).
Commuting is primarily by private vehicle, with residents traveling significant distances to employment centers in Nampa or Boise.
Recreation is centered on outdoor access, including proximity to the Owyhee Mountains, public lands for hunting and hiking, and the Owyhee County Historical Museum.
The rental market is extremely limited with very low turnover and minimal institutional or short-term rental presence.
The economy is dominated by Owyhee County government services and regional agricultural and ranching operations.
Transportation is entirely dependent on personal vehicles, with no public transit infrastructure available.
There is no significant development pipeline or major construction activity reported for this rural ZIP code.
The Owyhee County Assessor manages property valuations, focusing on agricultural land use and rural residential assessments.
Parcels are subject to county-level taxation and the Bruneau-Grand View Joint School District levies.
Property insurance availability is standard for rural Idaho, though premiums are influenced by wildfire risk assessments.
Net domestic migration to Idaho remains positive, though rural areas like Murphy see slower growth compared to the Treasure Valley.
Idaho is a non-judicial foreclosure state, allowing for efficient processing through trustee sales.
Sellers are required to provide a property condition disclosure statement covering known material defects.
Data retrieved from data.census.gov ZCTA 83650 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A local landmark preserving the history of the Owyhee region.
The central anchor of the community and primary employer.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.