Morehead City, NC Housing Market 2026: Median Home Price, Last 12 Months

If you invest in or around Morehead City, the number that matters is what homes actually close for, not what sellers are asking. Here is what Morehead City sale prices look like right now, built from the closings Resideline tracked over the last 12 months, as of October 2026.

The snapshot

• •Closings tracked, last 12 months: 217
• •Median sold price, last 12 months: $475,000
• •Median sold $/sqft, last 12 months: $256
• •Middle half of sales closed between: $288,000 and $735,000

What the numbers say

Resideline tracked 217 closed sales in Morehead City over the last 12 months, with a median closing price of $475,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $288,000 and $735,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 216 closings with usable living area, the middle half sold between $212 and $371 per square foot.

Figures last updated October 3, 2026 from closings Resideline tracked.

Median home price in Morehead City, NC (October 2026)

The median home price in Morehead City is $475,000, measured across the 217 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $288,000 and $735,000.

Where Morehead City sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Morehead City over the last 12 months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $288,000 and $735,000. Among the 100 North Carolina markets with a published band, Morehead City's middle-half spread ($288,000 to $735,000) ranks 93rd from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 93rd percentile of the 2,230 US markets in Resideline's national Market Watch set, on data as of October 3, 2026.

How long a sale takes here

• •Listed to under contract: a median of 23 days, across 97 Morehead City closings Resideline tracked in the last 12 months
• •Contract to closing: a median of 30 days, across 53 Morehead City closings Resideline tracked in the last 12 months

The Morehead City angle

Morehead City tracked 217 closings over the last 12 months, a median closed price of $475,000, and a middle half running from $288,000 to $735,000. That is among the widest spreads we track, so the median describes an average of quite different transactions and should not be carried into an offer on its own. The stretch above $475,000 is longer than the stretch below it, and in a band this wide that asymmetry is worth real money on a strong property.

Morehead City market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Morehead City ZIP codes: 28557.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator, rehab cost estimator, BRRRR calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Morehead City address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Morehead City, NC
Geography: incorporated municipality, Census place 3744320
Data updated: October 2026
Analysis period: last 12 months
Tracked closings: 217
Median sold price: $475,000
Median sold $/sqft: $256 (216 qualifying)
https://resideline.com/blog/morehead-city-nc-housing-market

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<a href="https://resideline.com/blog/morehead-city-nc-housing-market">
  <img src="https://resideline.com/images/embed/morehead-city-nc.png" alt="Morehead City, NC home sale price distribution, last 12 months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/morehead-city-nc-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Morehead City over the last 12 months, and is refreshed when the data is. The closings we track within the Morehead City city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 21% of the 217 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $485,000.