Housing in Morehead City, NC

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$765,000

Median List Price

$544,450

Price Per Sq Ft

$243

Days on Market

110

Active Inventory

67

Months of Supply

6.1

Buyer's market

Zillow Home Value

$399,312

ZHVI — January 2026

Zillow Rent Index

$1,640

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 52.4%List Price 1.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

18.2%

Off Market in 2 Weeks

26.7%

Sale-to-List Ratio

96.4%

Buyer's market

Sold Above Asking
18.2%
Under Contract in 2 Wks
26.7%
Listings with Price Drops
14.9%

Market Activity

Source: Redfin

Homes Sold

11

New Listings

14

Pending Sales

15

Homes Sold 15.4%New Listings 33.3%Pending 16.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$243

Median List $/SF

$314

Sale $/SF 1.7%List $/SF 27.1%Mar 24Jan 26

Morehead City vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Morehead City is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$330,900

Median Rent

$1,122

Total Housing Units

6,254

Vacancy Rate

19.8%

Owner Occupied

47.3%

Renter Occupied

52.7%

Median Property Tax

$1,532

per year

Monthly Cost (w/ Mortgage)

$1,266

Housing Types

Single Family
58.6%
Multi-Family
36.7%
Mobile Home
4.6%

The current median sale price in Morehead City, NC is $765,000 according to Redfin data. Homes spend a median of 110 days on the market. 18.2% of homes sold above asking price. The market has 6.1 months of supply. The median price per square foot is $243. Zillow's observed rent index is $1,640/month. About 47.3% of housing units are owner-occupied. The median year homes were built is 1984. There are 6,254 total housing units.