Morehead City, NC

Buyer's market+57.4% YoY

Housing market overview · Updated weekly

$725,000median sale price

Homes sold

13

Last 12 weeks

Days on market

179

Average pace

Active listings

71

5.5 months supply

Sale-to-list

98.7%

Below asking

The Morehead City housing market is currently classified as a buyer's market with a median sale price of $725,000. Prices have risen 57.4% compared to last year, with homes spending an average of 179 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Morehead City

There are currently 71 homes listed for sale in Morehead City, North Carolina. The median listing price is $685K.

Active listings

71

Homes on market

Median list price

$685K

Avg. days on market

179

Days until sale

New this week

17

Newly listed

Price drops:7.0%of listings
Sale-to-list:98.7%

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Frequently asked questions

What is the average home price in Morehead City?

The median home sale price in Morehead City is $725,000, up 57.4% from last year.

How long do homes stay on market in Morehead City?

Homes typically spend 179 days on market before going under contract.

Is Morehead City a buyer's or seller's market?

With 5.5 months of supply, Morehead City is currently a buyer's market.

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