Foreclosure for Sale on Village Rd, Murphy, NC 28906

Foreclosures › North Carolina › Cherokee › Murphy › Village Rd
Bank-owned REO foreclosure property at Village Rd, Murphy, NC 28906. 3 bed 4 bath Cherokee County foreclosure listing.
Foreclosure (REO) Active 75 days on market
Village Rd, Murphy, NC 28906
Est. Value
$539,500
Cherokee County · North Carolina
3
Bedrooms
4
Bathrooms
2005
Year built
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Property details
Listing type Foreclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 4
Year built 2005
County Cherokee County
State North Carolina
ZIP 28906
Days on Market 75 days
Listing ID 65840219
About this property

This Murphy, NC property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

📊 Cherokee County Market · Updated daily
Active Listings
109
Avg. Est. Value
$367,950
Bank-Owned (REO)
34
Pre-Foreclosures
75

84 active foreclosure listings in Murphy, NC.

Browse all Cherokee County foreclosures →
❓ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Cherokee County foreclosures for additional guidance on the purchase process.
There are currently 84 active foreclosure listings in Murphy, NC. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition — most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map →
🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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📍 Location Map · Murphy, NC Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 28906 · U.S. Census ACS
Population
19,586
Median Age
56.2 yrs
Households
8,913
Median Household Income
$49,426
Median Home Value
$201,100
Median Rent
$813/mo
Owner-Occupied
83% of homes
Vacancy Rate
31% of units
Unemployment Rate
3.6%

~18% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
🏫 Schools · NCES 2024–25
Schools in ZIP 28906
🏫 Elementary
Martins Creek Elementary
Grades Pre-K–5·Murphy ZIP 28906
Murphy Elementary
Grades Pre-K–5·Murphy ZIP 28906
🏫 Middle
Hiwassee Dam Middle
Grades 6–8·Murphy ZIP 28906
Murphy Middle
Grades 6–8·Murphy ZIP 28906
🎓 High
Hiwassee Dam High
Grades 9–12·Murphy ZIP 28906
Murphy High
Grades 9–12·Murphy ZIP 28906
The Oaks Academy
Grades 6–12·Murphy ZIP 28906

Source: NCES CCD 2024–25 · nces.ed.gov

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