23 hours on Rocket
$3,978 Closing Credit¹
#100503204, Listing Office: Big Rock Real Estate & Property Management
Morehead City Housing Market Report March 2025•Carteret County, North Carolina
Housing Prices in Morehead City, NC
How much do homes in Morehead City, NC cost?
Housing Market Conditions
Is Morehead City, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Morehead City is a Neutral Market
Difference Since March 2024
At the same time last year, Morehead City was a Seller's Market.
Insight
Morehead City is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$410,000$227/SqFt
+$15,000
+3.8%
Based on all homes sold in the last 12 months
Insight
Homes in Morehead City have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Morehead City was $410,000 in March 2025, up 3.8% from last year, and the median price per square foot was $227.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Beaufort Township | $431.5K | $474K | +9.8% |
| Morehead Township | $480K | $500K | +4.2% |
| Morehead City | $395K | $410K | +3.8% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $160K | N/A |
| 22 Bedrooms | $239K | $290K | +21.3% |
| 33 Bedrooms | $405K | $410K | +1.2% |
| 44 Bedrooms | $485K | $572.5K | +18.0% |
| 55+ Bedrooms | $647K | $880K | +36.0% |
Summary: Morehead City housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +21.3%. The home price for 3 bedroom homes increased by +1.2%. The home price for 4 bedroom homes increased by +18.0%. The home price for 5 bedroom homes increased by +36.0%.
How does Morehead City, NC compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Morehead City, NC
Housing supply in Morehead City, NC
How many homes are available in Morehead City, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 99Last MonthMar 2025 | ||
| 862 months agoFeb 2025 | +15.1 % Change MoMFeb – Mar |
Summary: The Morehead City real estate market had 99 homes for sale in Mar 2025, a 15.1 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthMar 2025 | ||
| 182 months agoFeb 2025 | -11.1 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 15 | 21 | +40.0% |
| 33 Bedrooms | 48 | 54 | +12.5% |
| 44 Bedrooms | 17 | 18 | +5.9% |
| 55+ Bedrooms | 4 | 4 | 0.0% |
Summary: Morehead City housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +40.0%. The inventory for 3 bedroom homes increased by +12.5%. The inventory for 4 bedroom homes increased by +5.9%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Morehead City, NC cost?
Over Asking Price3 Homes
At Asking Price4 Homes
Under Asking Price9 Homes
Insight
If you're buying a home in Morehead City, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Morehead City in March 2025, down by 11.1% month-over-month. Of the 16 sold homes, 56% were sold under asking, 25% were sold at asking, and and 19% were sold over asking.
Days on Market for Morehead City, NC
How long does it take to sell a home in Morehead City, NC?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days5 Homes
Over 90 Days5 Homes
Insight
Many homes in Morehead City are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 16 homes were sold in Morehead City; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 72 DaysThis YearMar 2025 | ||
| 38 Days1 year agoMar 2024 | +88.1 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Morehead City had an average listing age of 72 days in Mar 2025, up by 88.1% compared to the previous year.
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Newest Listings in Morehead City, NC
What homes are available in Morehead City, NC?
1 day on Rocket
$5,166 Closing Credit¹
#100503179, Listing Office: Keller Williams Crystal Coast
1 day on Rocket
$4,216 Closing Credit¹
#100502975, Listing Office: Cottage Properties Of NC
1 day on Rocket
$3,349 Closing Credit¹
#100502894, Listing Office: Team Streamline Real Estate, LLC.
2 days on Rocket
#100502735, Listing Office: Keller Williams Crystal Coast
4 days on Rocket
$4,869 Closing Credit¹
#100502400, Listing Office: FREEDOM REAL ESTATE GROUP LLC
Coming soon
$3,266 Closing Credit¹
#100502262, Listing Office: Keller Williams Crystal Coast
Coming soon
$4,036 Closing Credit¹
#100502156, Listing Office: Eddy Myers Real Estate
7 days on Rocket
$8,301 Closing Credit¹
#100501890, Listing Office: Coldwell Banker Sea Coast AB
$7,422 Closing Credit¹
#100501773, Listing Office: Big Rock Real Estate & Property Management
$2,672 Closing Credit¹
#100501649, Listing Office: Keller Williams Crystal Coast
$5,094 Closing Credit¹
#100501491, Listing Office: Putnam Real Estate
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MLS Disclaimers and Copyright
Based on information from Hive MLS, for the period 04/01/2023 - 04/01/2025
Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.