Murphys, CA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Murphys short-term rental market based on reliable data.

Listings

102 / 152

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$41,411

Middle-Earners Revenue

Occupancy

42%

Middle-Earners Occupancy

Home Value

$481,686

Median Home Sale Price

Top Earners

$68,998

Top-Earners Revenue

Murphys

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Murphys.

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B

Generally Investor friendly

Murphys Regulations

Short‑term rentals are explicitly permitted under the county’s draft STVR, requiring a county permit, TOT registration, on‑call manager, and operating standards (occupancy/parking limits, quiet hours), but there is no meaningful cap on STRs. Costs and permitting details are unclear, and enforcement carries stiff penalties with ambiguous after‑hours processes, creating moderate compliance burden and compliance risk.

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About Murphys

Murphys is a small historic community in Calaveras County, in the Sierra Nevada foothills of central California. With roughly two thousand residents, it retains the look and feel of a 19th-century Gold Rush village, organized around a walkable Main Street of brick storefronts that now house tasting rooms, galleries, and small inns. The town is widely known as one of the most appealing wine-tasting destinations in the Sierra foothills, and it serves as a popular gateway to the natural and historic attractions of Calaveras County and the surrounding Stanislaus National Forest. Murphys lies approximately 150 miles east-southeast of San Francisco and about 80 miles southeast of Sacramento, both reached by a scenic drive through Gold Country.

Just a few miles north of town, Calaveras Big Trees State Park protects two groves of massive giant sequoias, including the easily walked North Grove loop, along with picnic areas, a visitor center, and seasonal campgrounds. The park is roughly a fifteen-minute drive from Main Street and offers a memorable introduction to the Sierra's signature trees without the crowds of the better-known groves to the south.

The hills and vineyards around Murphys are home to more than two dozen family-owned wineries, and the town itself concentrates many tasting experiences within an easy stroll. A standout stop is Ironstone Vineyards, a large estate just south of Murphys known for its gold-leaf-covered concert hall, landscaped gardens, and a heritage museum featuring a notable collection of gold-rush-era artifacts and crystalline gold specimens.

Murphys sits squarely in the heart of California's Gold Country, and the surrounding area is dotted with reminders of the 1850s mining boom. Mercer Caverns, a show cave just outside town, has been leading visitors through its stalactite-lit chambers since the late 19th century, and the neighboring town of Angels Camp, about a twenty-minute drive southwest, hosts the annual Calaveras County Fair & Jumping Frog Jubilee, a tradition rooted in Mark Twain's famous short story.

With its compact, pedestrian-friendly core, abundant wine-tasting opportunities, and quick access to giant sequoias, historic caves, and Sierra backcountry, Murphys draws a steady stream of weekend travelers from the Bay Area, Sacramento, and beyond. For short-term-rental owners, the town offers a distinctive mix of wine-country leisure, Gold Rush heritage, and outdoor adventure in a setting that feels worlds away from California's larger cities.

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