Most of them sell in the $300,000s. On October 17, 2026 the 38 active houses and townhomes in Murrayville ran $296,500 to $859,900 with a median asking price of $369,950, which is about $94,000 below the New Hanover County median sale price of $464,000.
Murrayville is one of the few places left in this county where that sentence is still true, and it is why we send so many buyers here. North of Gordon Road, west of Market Street, built mostly in the 1990s and 2000s, it is the county’s middle: a three-bedroom house with a yard, twenty minutes from downtown.
Start with the spelling, because it trips up every search. The Census Bureau files this place as Murraysville CDP. The sign at the main junction says Murrayville Road and the school is Murrayville Elementary, so that is what we use. Search both when you are looking at listings.
What is on the market right now
When we built our Murrayville neighborhood guide, the Coldwell Banker Murraysville page on October 17, 2026 carried 91 listings, 46 of them active, 45 with a Murrayville address. The 38 active houses and townhomes ran $296,500 to $859,900, median asking price $369,950, at a median 46 days on market.
The distribution matters more than the range. Fifteen of those 38 homes were priced under $350,000 and another 13 under $450,000. Only two cleared $600,000. One manufactured home was listed at $150,000, and six land listings ran $145,000 to $1,600,000.
The top of the market is being set by new construction. Three homes on Juno Drive were listed at $521,062 to $597,332 on that date, which is where this neighborhood is heading as the remaining infill fills in. If you are deciding between one of those and a 1998 resale two streets over, our new construction versus resale comparison lays out the trade honestly.
- 38 active houses and townhomes, $296,500 to $859,900, median asking $369,950, median 46 days on market Coldwell Banker Murraysville page, all three result pages read October 17, 2026
- 15 of those 38 priced under $350,000; only 2 above $600,000 Coldwell Banker Murraysville page, read October 17, 2026
- Median value of an owner-occupied home: $320,700, plus or minus $12,953 U.S. Census Bureau, Murraysville CDP, American Community Survey 2020 to 2024
- New Hanover County median sale price $464,000, down 1.3 percent year over year, 61 days on market Redfin county housing-market pages, read October 17, 2026, three months ending September 2026
- Combined property tax rate 0.3785 per $100, with no municipal rate New Hanover County historic tax rates, 2026
- Median year built 2000; 6,601 of 7,500 housing units single-family detached U.S. Census Bureau, American Community Survey 2020 to 2024
Why the survey number is lower than the listings
Buyers notice this and it confuses them, so it is worth explaining. The American Community Survey for 2020 to 2024 puts the median value of an owner-occupied home in Murrayville at $320,700, give or take $12,953, which reads well below the $369,950 median asking price.
They are measuring two different things. The survey covers the entire owned stock, including the smaller and older houses that rarely come up for sale, and it is a five-year average that includes earlier years. The asking price covers what is for sale today, which skews newer and larger. Neither is wrong. If you are budgeting, use the listing numbers. If you are trying to understand what the neighborhood is, the survey number tells you more.
What a buyer pays monthly is a third number again. At $369,950 with 20 percent down, you are financing $295,960. At 7.32 percent, the Freddie Mac 30-year average for the week ending October 22, 2026, that is about $2,033 a month in principal and interest. County tax at the unincorporated rate of 0.3785 adds roughly $1,400 a year, or about $117 a month, and there is no municipal rate on top because Murrayville is in no town.
What moves the price inside the neighborhood
Three things, in roughly this order.
Age and condition. The median year built here is 2000, so you are usually looking at a house on its second roof and either its first or second HVAC system. A 1996 house with original systems and a 2004 house with a new roof can list within $15,000 of each other and be $30,000 apart in real terms. Inspect accordingly.
School assignment. Three zone lines cross Murrayville. Sampling the district’s published 2026 to 2027 zone maps on October 17, 2026, about 72 percent is zoned to Murrayville Elementary, with edges going to John J. Blair, Porters Neck and Castle Hayne. About 88 percent feeds Trask Middle and 12 percent Holly Shelter; 94 percent feeds Laney High. On the state’s 2024-25 report cards, Murrayville Elementary is a C at 66 with growth met, Porters Neck a B at 75, Castle Hayne a C at 68, and Blair a D at 51. Two addresses a few streets apart are not the same purchase.
Which side of Gordon Road you are on. NCDOT is widening 2.5 miles of Gordon Road from Interstate 40 to Market Street under project U-6202, at a total cost of $81.1 million, and that stretch forms Murrayville’s southern edge. Buy on the south side and you are buying the construction now in exchange for a better road later. Price that in rather than hoping the seller already did.
How Murrayville compares with the rest of the county
Our New Hanover County market update puts the county median sale price at $464,000 for the three months ending September 2026, down 1.3 percent year over year, at 61 days on market with 1,251 active listings. Murrayville’s active listings showed a median 46 days, faster than the county, at a median asking price roughly 20 percent below the county median sale price.
That combination is unusual and it is the honest case for buying here: below-median pricing in a county where inventory is up and most things are slowing. Compare it against King’s Grant to the south, which is older and cheaper, Castle Hayne to the north, which is more rural, and Porters Neck to the east, which is considerably more expensive.
Two things we tell every buyer here. The first is insurance. Murrayville is nine miles inland and will never see storm surge, but the Department of Insurance settlement table from the January 2025 Rate Bureau agreement puts ZIP 28411 in Territory 140, Eastern Coastal, approved for base rate increases of 10.5 percent in 2025 and 10.1 percent in 2026. That is double what the county’s western side took. Get a real quote and ask for the wind and hail deductible in dollars. The second is that this is a patchwork of subdivisions platted across two decades, not one master-planned community. Dues and covenants change street by street, and some parcels have no association at all. Ask for both in writing before due diligence ends.
Related questions people also ask
Is Murrayville cheaper than the rest of Wilmington?
Reliably, yes, and it is one of the few places in New Hanover County where that is still consistently true. The median asking price for active houses and townhomes there on October 17, 2026 was $369,950, against a county median sale price of $464,000 for the three months ending September 2026. The trade is that you are buying a 1990s or 2000s house on a modest lot rather than a beach address or a walkable in-town block.
Are there new construction homes in Murrayville?
Yes, but as infill rather than large new communities, because most of the neighborhood was built out in the 1990s and 2000s. On October 17, 2026, three new construction homes on Juno Drive were listed between $521,062 and $597,332, which sits at the top of the local range. Buyers who want more new-home choice typically widen the search toward Hampstead or Leland and weigh the longer commute against it.
How long does it take to get downtown from Murrayville?
About 19 minutes and 9.3 miles by road routing calculated on October 17, 2026 from the middle of the neighborhood, with Mayfaire Town Center at roughly 11 minutes, Wilmington International Airport 14 and Wrightsville Beach 18. All of those are free-flow estimates, so treat them as a floor rather than a promise. Gordon Road at rush hour is the bottleneck, and it will stay one until the widening is finished.
If you are shopping the $300,000s in New Hanover County, pull the last six months of closed sales on the specific streets you like here rather than the neighborhood as a whole, because the gap between a 1996 house with original systems and a 2004 house with a new roof is wider than the list prices suggest. Send us two or three addresses and we will put the real comps, the school assignment and the flood determination next to each one. Schedule a consultation and we will tell you what each is actually worth.
Sources: Coldwell Banker Murraysville page, all three result pages read October 17, 2026; U.S. Census Bureau, Murraysville CDP, American Community Survey 2020 to 2024; New Hanover County historic tax rates, 2026; New Hanover County Schools 2026 to 2027 zone maps, sampled October 17, 2026; NC Department of Public Instruction, North Carolina School Report Cards, 2024-25, read October 29, 2026; NCDOT project U-6202, Gordon Road widening, project page read October 17, 2026; North Carolina Department of Insurance homeowners rate settlement, January 2025, Territory 140; Freddie Mac Primary Mortgage Market Survey, 30-year fixed average 7.32 percent, week ending October 22, 2026; Redfin county housing-market pages, read October 17, 2026, via our New Hanover County market update.
