Housing in Morganton, NC

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$363,500

Median List Price

$260,500

Price Per Sq Ft

$161

Days on Market

65

Active Inventory

55

Months of Supply

13.8

Buyer's market

Zillow Home Value

$249,920

ZHVI — January 2026

Zillow Rent Index

$1,162

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 44.5%List Price 19.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

30.8%

Sale-to-List Ratio

97.6%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
30.8%
Listings with Price Drops
27.3%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

8

Pending Sales

13

Homes Sold 77.8%New Listings 57.9%Pending 40.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$161

Median List $/SF

$178

Sale $/SF 7.3%List $/SF 1.7%Mar 24Jan 26

Morganton vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Morganton 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

$208,300

Median Rent

$909

Total Housing Units

7,328

Vacancy Rate

8.8%

Owner Occupied

51.8%

Renter Occupied

48.2%

Median Property Tax

$1,663

per year

Monthly Cost (w/ Mortgage)

$961

Housing Types

Single Family
62.0%
Multi-Family
32.2%
Mobile Home
5.8%

The current median sale price in Morganton, NC is $363,500 according to Redfin data. Homes spend a median of 65 days on the market. 0.0% of homes sold above asking price. The market has 13.8 months of supply. The median price per square foot is $161. Zillow's observed rent index is $1,162/month. About 51.8% of housing units are owner-occupied. The median year homes were built is 1972. There are 7,328 total housing units.