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Morehead City, NC 28557 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Morehead City, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 3434PendingPending sales: 22
Morehead City, NC: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $300k$300kSoldMedian sold price (last 6 months): $475k$475k
What homes actually sell for in Morehead City, NC
Distribution of 173 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $354k to $655k
$200k to $394k: 59 sales59sales$200k$394k to $588k: 51 sales$588k to $781k: 24 sales$588k$781k to $975k: 12 sales$975k to $1.17M: 5 sales$975k$1.17M to $1.36M: 4 sales$1.36M to $1.56M: 0 sales$1.36M$1.56M to $1.75M: 2 salesMedian $475k

What the numbers say

As of September 14, 2026, Resideline is tracking 34 active listings and 2 pending sales in ZIP code 28557. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $299,950, while the median of the 173 closed sales Resideline tracked over the last six months was $475,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 28557 for 77 days.

Frequently asked questions

What is the median home price in 28557?

The median closed sale price in Morehead City, NC 28557 was $475,000 over the last six months, based on 173 closed sales tracked by Resideline. The middle half of those sales ranged from $354,000 to $655,000.

Is 28557 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 34 active listings in 28557, a pending-to-active ratio of 0.06. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 28557 currently looks like a balanced market.

Nearby ZIP code market data

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