Coming soon
$5,463 Closing Credit¹
#100484760, Listing Office: Century 21 Coastal Advantage
Morehead City Housing Market Report December 2024•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 Seller's Market
Difference Since December 2023
Since last year, Morehead City has remained a Seller's Market.
Insight
Morehead City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$416,500$224/SqFt
+$35,500
+9.3%
Based on all homes sold in the last 12 months
Insight
Homes in Morehead City have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Morehead City was $416,500 in December 2024, up 9.3% from last year, and the median price per square foot was $224.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Morehead Township | $450K | $502K | +11.5% |
| Morehead City | $381K | $416.5K | +9.3% |
| Beaufort Township | $429.6K | $464.5K | +8.1% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $157.5K | N/A |
| 22 Bedrooms | $250K | $275.5K | +10.2% |
| 33 Bedrooms | $395K | $414.9K | +5.1% |
| 44 Bedrooms | $460K | $620K | +34.8% |
| 55+ Bedrooms | $1.0M | $814.5K | -19.2% |
Summary: Morehead City housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +10.2%. The home price for 3 bedroom homes increased by +5.1%. The home price for 4 bedroom homes increased by +34.8%. The home price for 5 bedroom homes decreased by -19.2%.
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 |
|---|---|---|
| 83Last MonthDec 2024 | ||
| 892 months agoNov 2024 | -6.7 % Change MoMNov – Dec |
Summary: The Morehead City real estate market had 83 homes for sale in Dec 2024, a 6.7 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthDec 2024 | ||
| 132 months agoNov 2024 | +46.2 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 13 | 16 | +23.1% |
| 33 Bedrooms | 44 | 36 | -18.2% |
| 44 Bedrooms | 26 | 24 | -7.7% |
| 55+ Bedrooms | 4 | 5 | +25.0% |
Summary: Morehead City housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +23.1%. The inventory for 3 bedroom homes decreased by -18.2%. The inventory for 4 bedroom homes decreased by -7.7%. The inventory for 5 bedroom homes increased by +25.0%.
Asking Price vs. Sold Price
How much do homes in Morehead City, NC cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price14 Homes
Insight
If you're buying a home in Morehead City, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Morehead City in December 2024, up by 46.2% month-over-month. Of the 19 sold homes, 74% were sold under asking, 11% were sold at asking, and and 16% 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 Days10 Homes
30 – 90 Days7 Homes
Over 90 Days2 Homes
Insight
Many homes in Morehead City are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 19 homes were sold in Morehead City; 53% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 44 DaysThis YearDec 2024 | ||
| 59 Days1 year agoDec 2023 | -24.5 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Morehead City had an average listing age of 44 days in Dec 2024, down by 24.5% compared to the previous year.
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Newest Listings in Morehead City, NC
What homes are available in Morehead City, NC?
Coming soon
$5,522 Closing Credit¹
#100484704, Listing Office: Coldwell Banker Sea Coast AB
Coming soon
$5,932 Closing Credit¹
#100484616, Listing Office: Realty World First Coast Rlty
Coming soon
$4,513 Closing Credit¹
#100484599, Listing Office: Coldwell Banker Sea Coast AB
New - 3 days on Rocket3D tour
$4,453 Closing Credit¹
#100484576, Listing Office: UNITED REAL ESTATE COASTAL RIVERS
New - 4 days on Rocket
$4,038 Closing Credit¹
#100484449, Listing Office: Coldwell Banker Sea Coast AB
New - 6 days on Rocket
$3,907 Closing Credit¹
#100484245, Listing Office: Keller Williams Crystal Coast
New - 6 days on Rocket
$9,203 Closing Credit¹
$775,000
3 beds • 2.5 baths • 2,029 sqft
#100484211, Listing Office: Keller Williams Crystal Coast
New - 6 days on Rocket
$3,859 Closing Credit¹
#100484195, Listing Office: Coastal Shores Realty
$3,561 Closing Credit¹
#100483665, Listing Office: Keller Williams Crystal Coast
#100482708, Listing Office: Keller Williams Crystal Coast
$3,539 Closing Credit¹
#100481980, Listing Office: Realty ONE Group East
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MLS Disclaimers and Copyright
Based on information from Hive MLS, for the period 01/01/2023 - 01/01/2025
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: 1/24/2025, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.