New Listing
21
$130,000
507 S College St
Morganton, NC 28655
2 bd3 ba900 sqft$144/ft²
House8,276 sqft lot
Coldwell Banker Newton RE
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Sarah Mitchell
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Compass Real Estate · Morganton, NC
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Morganton, NC(512) 555-0184TX License #0512847
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Morganton, NC Housing Market & Real Estate
Buyer's market-21.1% YoY
Housing market overview · Updated monthly ·
$249,000median sale price
How is the Morganton, NC housing market right now?
The median home sale price in Morganton, NC is $249,000, down 21.1% year-over-year. Homes sell in an average of 62 days with 67 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Morganton a buyer's or seller's market?
Buyer's market5.2 months of supply62 avg. days on market
Morganton, NC is currently a buyer's market, based on 5.2 months of supply and homes selling in about 62 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
62
Average pace
Active listings
67
5.2 months supply
Sale-to-list
98.2%
Below asking
What does the Morganton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $249,000 |
| Median list price | $349,000 |
| Year-over-year price change | -21.1% |
| Average days on market | 62 days |
| Active inventory | 67 listings |
| Months of supply | 5.2 months |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $172/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 25 |
| Listings with a price cut | 23.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Morganton by property type?
How the Morganton, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $260,000 | $174/sq ft | 12 | 61 days |
| Condo / Co-op | $299,900 | $180/sq ft | 2 | 14 days |
| Townhouse | $249,000 | $151/sq ft | 1 | 267 days |
Source: Redfin · Updated monthly
The Morganton housing market is currently classified as a buyer's market with a median sale price of $249,000. Prices have fallen 21.1% compared to last year, with homes spending an average of 62 days on market, indicating 5.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Morganton
There are currently 67 homes listed for sale in Morganton, North Carolina. The median listing price is $349K. Featured listings range from $130,000 to $1,125,000.
New Listing
32
$139,000
1805 Bristol Creek Ave
Morganton, NC 28655
2 bd2 ba896 sqft$155/ft²
Mobile home3.17 acres
Rebecca Colwell · Century 21 Vanguard
View photos & details
New Listing
6
$160,000
2050 Robert Dr
Morganton, NC 28655
Land6.39 acres
Migdey Castro · MG Realty & Appraisals, Inc
View photos & details
New Listing
$175,000
615 Carbon City Rd
Morganton, NC 28655
Land3.32 acres
Coldwell Banker Newton RE
View photos & details
New Listing
21
$269,900
405 Jug Wilson St
Morganton, NC 28655
4 bd2 ba1,478 sqft$183/ft²
House20,038 sqft lot
C Shane Cook & Associates
View photos & details
New Build
17
$289,000
145 River Breeze Dr Unit 10
Morganton, NC 28655
3 bd2 ba1,352 sqft$214/ft²
House21,344 sqft lot
N C Land and Lots LLC
View photos & details
New Build
8
$289,000
Tbd Lot 8 River Breeze Dr Unit 8
Morganton, NC 28655
3 bd2 ba1,467 sqft$197/ft²
House21,780 sqft lot
N C Land and Lots LLC
View photos & details
New Listing
31
$315,000
761 Amherst Rd
Morganton, NC 28655
3 bd2 ba2,056 sqft$153/ft²
House6.38 acres
Coldwell Banker Newton RE
View photos & details
New Build
2
$459,000
2430 Kimberly Ave
Morganton, NC 28655
3 bd2 ba
House22,216 sqft lot
Cannon & Cannon Properties,LLC
View photos & details
New Listing
38
$525,000
976 Amherst Rd
Morganton, NC 28655
3 bd2 ba2,116 sqft$248/ft²
House39,640 sqft lot
Coldwell Banker Boyd & Hassell
View photos & details
New Listing
$675,000
507 Riverside Dr
Morganton, NC 28655
4 bd3 ba3,339 sqft$202/ft²
House24,394 sqft lot
Coldwell Banker Newton RE
View photos & details
New Build
7
$1,125,000
2127 Robert Dr Unit 1920
Morganton, NC 28655
3 bd5 ba2,627 sqft$428/ft²
House4.72 acres
Lantern Realty & Development
View photos & details
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Active listings
67
Homes on market
Median list price
$349K
Avg. days on market
62
Days until sale
New this week
25
Newly listed
Price drops:23.9%of listings
Sale-to-list:98.2%
Who lives in Morganton?
Population
17,541
Median income
$49,434/yr
Median age
38.5 years
Owner-occupied
51.8%
College grads
23.0%
Avg commute
19.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Morganton?
Zillow home value
$267,774
Zillow rent index
$1,341/mo
Price-to-rent ratio
16.6x
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Morganton?
Morganton is a community of approximately 18K residents with a median age of 38.5 years.The median household income is $49,434, which represents a working-class community with solid middle-income opportunities. 23.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 51.8%, showing a blend of owner and renter-occupied properties. The average commute time is 19.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Morganton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Morganton?
18 schools tracked · 7,702 students
The largest public schools serving Morganton, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Freedom High
Grades 9-12 · 1,374 students
Robert L. Patton High School
Grades 9-12 · 753 students
Mountain View Elementary
Grades PK-5 · 730 students
New Dimensions
Grades K-8 · 556 students
Drexel Elementary
Grades PK-5 · 478 students
Liberty Middle
Grades 6-8 · 459 students
Table Rock Middle
Grades 6-8 · 454 students
Walter R Johnson Middle
Grades 6-8 · 439 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Morganton, NC?
Want a head-to-head view? Compare Morganton side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Morganton?
Is Morganton a good real estate investment market?
For investors evaluating Morganton, the price-to-rent ratio of 16.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 21.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Morganton's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Morganton's median home price.
Frequently asked questions
What is the average home price in Morganton?
The median home sale price in Morganton is $249,000, down 21.1% from last year.
How long do homes stay on market in Morganton?
Homes typically spend 62 days on market before going under contract.
What is the median income in Morganton?
The median household income is $49,434 per year.
Is Morganton a buyer's or seller's market?
With 5.2 months of supply, Morganton is currently a buyer's market.
How many homes are for sale in Morganton?
There are currently 67 homes listed for sale in Morganton, NC.
What is the Zillow home value estimate for Morganton?
The Zillow Home Value Index (ZHVI) for Morganton is $267,774, representing the typical home value in the area.
What is the median condo price in Morganton?
The median condo/co-op sale price in Morganton, NC is $299,900, compared to $260,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Morganton?
The median single-family home price in Morganton, NC is $260,000 (about $174 per square foot).
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