587 Nichols Rd
Murphy, NC 28906
- Studio
- 1 Bath
- 192 sqft
Studio
1 Bath
192 sqft
Home Value
Trulia Estimate
$215KSince last month
Decreased$25K (-10.3%)Since last year
Decreased$20K (-8.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +28% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $215K |
| July 2026 | $240K |
| June 2026 | $235K |
| May 2026 | $258K |
| April 2026 | $221K |
| March 2026 | $209K |
| February 2026 | $182K |
| January 2026 | $239K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $268,000 | 05/28/26 | 2 | 2 | 1,768 | |
0.91 | Single-Family Home | $150,000 | 07/16/26 | 1 | 1 | 428 | |
0.15 | Single-Family Home | $590,000 | 03/26/26 | 3 | 2.5 | 2,160 | |
0.30 | Single-Family Home | $369,900 | 10/17/25 | 2 | 2 | 864 | |
0.44 | Single-Family Home | $292,500 | 02/10/26 | 2 | 3 | - | |
0.30 | Single-Family Home | $285,000 | 12/09/25 | 2 | 2 | 1,344 | |
0.42 | Single-Family Home | $500 | 10/09/25 | - | - | ||
1.14 | Single-Family Home | $289,000 | 05/21/26 | 2 | 3 | 2,232 | |
1.33 | Single-Family Home | $425,000 | 06/08/26 | 3 | 2 | 1,560 | |
1.24 | Single-Family Home | $369,900 | 10/21/25 | 2 | 2.5 | 1,584 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.10 | $392,300 | 2 | 2 | 1,768 | Off Market | |
0.15 | $590,000 | 3 | 2.5 | 2,160 | Recently Sold | |
0.18 | $304,600 | 3 | 2 | - | Off Market | |
0.26 | $244,300 | 3 | 2 | 1,312 | Off Market | |
0.30 | $369,400 | 2 | 2 | 864 | Off Market | |
0.30 | $285,000 | 2 | 2 | 1,344 | Recently Sold | |
0.31 | $154,000 | - | - | - | For Sale | |
0.31 | $149,000 | - | - | - | For Sale | |
0.31 | $99,000 | - | - | - | For Sale | |
0.37 | $149,000 | - | - | - | For Sale | |
0.38 | $154,000 | - | - | - | For Sale | |
0.41 | $234,500 | 4 | 2 | 1,904 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Living Area
192 sqft
Price/Sqft
$1,120
Parking
None
About this House
Freshly painted, new window blinds and a new refrigerator. A carport is available to use as long as your vehicle fits with another car. Water is included.
The rent is month to month, with a months notice of vacating premises or you forfeit the deposit. This is a one room cabin for only one person.
The electric needs to be put in your name and paid by you. If internet is needed, Hughes Net or ViaSat are the only providers, if your cell phone doesn't get enough signal. Also the only TV is with Dish or Direct TV.
The rent is month to month, with a months notice of vacating premises or you forfeit the deposit. This is a one room cabin for only one person.
The electric needs to be put in your name and paid by you. If internet is needed, Hughes Net or ViaSat are the only providers, if your cell phone doesn't get enough signal. Also the only TV is with Dish or Direct TV.
587 Nichols Rd, Murphy, NC 28906 is a studio, 1 bathroom, 192 sqft single-family home. More recently, it was listed as a rental in March 2021 with an asking price of $400 per month. That rental listing was removed on March 22, 2021. It is currently off market. The Trulia Estimate is $215,000, with a rent estimate of $1,570/month.
Home Details for 587 Nichols Rd
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Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air |
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Property Type / Style Property Type: Single Family Home |
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Parking & Garage Parking: None |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 22, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Mar 19, 2021 Source: Zillow Rental Manager | Listed For Rent | $400 |
Market trends in Murphy
Last updated July 2026
Avg. sale price
$308K
$5KMoM
Sale-to-List Price
96.2%
1.3%MoM
Price per sq ft
$199
$3MoM
Available listings
357
8MoM
Around this home
What Locals Say about Murphy
At least 80 Trulia users voted on each feature.
91 % Say car is needed
83 % Say there's wildlife
80 % Say yards are well-kept
76 % Say parking is easy
76 % Say it's quiet
73 % Say there's holiday spirit
64 % Say they plan to stay for at least 5 years
63 % Say people would walk alone at night
61 % Say neighbors are friendly
55 % Say it's dog friendly
39 % Say kids play outside
31 % Say there are community events
22 % Say streets are well-lit
20 % Say it's walkable to restaurants
19 % Say there are sidewalks
12 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 587 Nichols Rd
- What is 587 Nichols Rd estimated to be worth?Trulia's estimated value for 587 Nichols Rd in Murphy, NC is $215,000.
- Is Murphy a buyer's or seller's market?Murphy is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Murphy?The median sale price in Murphy is $308K. That is down $5K from the prior month.
- What do residents say about Murphy?Residents describe Murphy, NC as well-kept, easy to park in, and quiet. Most residents say you need a car. See recently sold homes in Murphy, NC.

