| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $567,000 | -1.4% YoY |
| Median price per sq ft | $355 | 1,703 sq ft median |
| Median days on market | 95 | +7% YoY |
| Active listings | 662 | +12% YoY |
| New listings this month | 132 | September 2026 |
| Listings with a price cut | 16% | Share of active |
| Median sale price (closed) | $497,500 | +9.3% YoY · closed sales, July 2026 |
| Sale-to-list ratio | 96.8% | Closed sales, July 2026, seasonally adjusted |
| Pending-to-active ratio | 29.8% | 198 pending |
| Inventory vs 2019 | 85% | Active listings vs same month in 2019 |
Metropolitan market · North Carolina · September 2026 data
What is the Morehead City, NC real estate market doing?
As of September 2026, the median home listed in Morehead City, NC asks $567,000, down 1.4% year over year. Homes spend a median of 95 days on market, with 662 active listings and 16% carrying a price cut; pending contracts equal 30% of active listings, and inventory sits at 85% of the same month in 2019 — a buyer's market. Figures come from public records and industry data, updated monthly.
Median listing price
$567,000
▼ 1.4% YoY
Median $ / sq ft
$355
1,703 sq ft median
Median days on market
95
September 2026
Active listings
662
For sale now
New listings
132
September 2026
Listings with price cuts
16%
Share of active
Inventory vs 2019
85%
Same month, 2019 = 100
Pending / active
30%
Contract activity
Median sale price (closed)
$497,500
▲ 9.3% YoY · closed sales · July 2026
Sale-to-list ratio
96.8%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
164
Closed sales · July 2026, seasonally adjusted
What is the Morehead City, NC housing market doing right now?
The Morehead City, NC housing market lists at a $567,000 median as of September 2026, down 1.4% year over year, with a 95-day median market time and 662 homes for sale (16% with a price cut). Active inventory is 85% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule.
Morehead City housing market statistics
The table summarizes Morehead City's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Morehead City.
How have home prices changed in Morehead City?
Morehead City home prices are down 1.4% year over year and +0.9% month over month as of September 2026, at a $567,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Morehead City NC · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Morehead City NC · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Morehead City?
Morehead City has 662 active listings, 132 new this month, 198 pending as of September 2026. About 16% of active listings have cut their price, and inventory sits at 85% of its 2019 level — a buyer's market by pace.
Is Morehead City a good real estate investment?
Morehead City scores 31/100 on WealthyBud's composite Investor Score, ranking #808 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
31/100
#808 of 933 covered metros
Morehead City scores 31/100 on our composite Investor Score (#808 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 85% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 1.4% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Morehead City ranks on the trending markets index.
How much is a monthly mortgage payment in Morehead City?
A home at Morehead City's $567,000 median listing runs about $3,104 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$2,802/mo
−$302/mo vs today
At today's rate · 7.28%
$3,104/mo
National weekly average
If rates rise 1% · 8.28%
$3,417/mo
+$314/mo vs today
Principal & interest on the $567,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Morehead City?
To buy Morehead City’s $567,000 median listing with 20% down, a household needs about $142,000 a year in gross income, keeping principal, interest and property tax ($3,316/mo) at 28% of income. That is 2.0× the area’s $70,235 median household income, so a typical Morehead City household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $567,000 | September 2026 |
| Down payment (20%) | $113,400 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $3,104/mo | Rate as of 2026-10-01 |
| Property tax (0.45% effective rate) | $213/mo | Census ACS |
| Income needed (28% rule) | $142,000 | Gross household income / yr |
| Median household income | $70,235 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Morehead City housing market?
Longer-run demand in Morehead City shows up in 482 homes permitted in 2025; net migration of +727 residents. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
482
▼ 48.4% vs 2024
7.0 per 1,000 residents
Net migration (2022–2023)
+727
▲ people, via tax-return records
net income flow +$70.6M/yr
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Hurricane
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
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ReadMorehead City housing market FAQ
What is the median home price in Morehead City?
As of September 2026, the median listing price in Morehead City, NC is $567,000, down 1.4% year over year (source: public records and industry data). Figures cover the Morehead City, NC metro area.
How much does it cost to buy a home in Morehead City?
The median home listed in Morehead City asks $567,000 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $3,104 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Morehead City?
The median property in Morehead City spends 95 days on the market, with 662 homes actively listed and 16% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Morehead City?
With a median 95 days on market and 16% of active listings carrying a price cut, pending contracts at 30% of active listings, Morehead City reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Morehead City a good place to invest in real estate?
Morehead City scores 31/100 on WealthyBud's Investor Score, ranking #808 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Morehead City?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Morehead City and the wider North Carolina market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Morehead City, NC metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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