$9,322 Closing Credit¹
Listing Office: Foothills Homes and Land, LLC
Morgan Township Housing Market Report February 2025•Rutherford County, North Carolina
Housing Prices in Morgan Township, NC
How much do homes in Morgan Township, NC cost?
Median List Price
$399,900$248/SqFt
+$60,400
+17.8%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Morgan Township has increased by 17.8% since last year.
Summary: The median home list price in Morgan Township was $399,900 in February 2025, up 17.8% from the previous year, and the median price per square foot was $248.
Median List Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Morgan Township | $339.5K | $399.9K | +17.8% |
| Chimney Rock Township | $494.9K | $524.9K | +6.1% |
| Gilkey Township | $345K | $347.4K | +0.7% |
| Union Mills | $399K | $379.9K | -4.8% |
| Montford Cove Township | $312.2K | $289.9K | -7.1% |
Median List Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $302K | $329K | +8.9% |
| 22 Bedrooms | $339.5K | $389.9K | +14.9% |
| 33 Bedrooms | $300K | $415K | +38.3% |
| 44 Bedrooms | $497.4K | $659K | +32.5% |
| 55+ Bedrooms | - | - | N/A |
Summary: Morgan Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +8.9%. The home price for 2 bedroom homes increased by +14.9%. The home price for 3 bedroom homes increased by +38.3%. The home price for 4 bedroom homes increased by +32.5%. The home price for 5 bedroom homes did not change.
Housing supply in Morgan Township, NC
How many homes are available in Morgan Township, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthFeb 2025 | ||
| 62 months agoJan 2025 | +33.3 % Change MoMJan – Feb |
Summary: The Morgan Township real estate market had 8 homes for sale in Feb 2025, a 33.3 % increase compared to Jan 2025.
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 2 | +100.0% |
| 33 Bedrooms | 4 | 5 | +25.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Morgan Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Days on Market for Morgan Township, NC
How long does it take to sell a home in Morgan Township, NC?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 112 DaysThis YearFeb 2025 | ||
| 153 Days1 year agoFeb 2024 | -26.6 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Morgan Township had an average listing age of 112 days in Feb 2025, down by 26.6% compared to the previous year.
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Newest Listings in Morgan Township, NC
What homes are available in Morgan Township, NC?
Listing Office: Chosen Realty of NC LLC
$5,937 Closing Credit¹
Listing Office: Greybeard Realty Old Fort Office
Listing Office: Red Dirt Country Real Estate
Listing Office: RE/MAX Journey
$4,738 Closing Credit¹
Listing Office: Allen Tate/Beverly-Hanks Burnsville
Listing Office: RE/MAX Select
$9,488 Closing Credit¹
Listing Office: Koval Properties LLC
Listing Office: Keller Williams Mtn Partners, LLC
Listing Office: Allen Tate/Beverly-Hanks, Lake Lure
Listing Office: Mountain Lake Realty
Listing Office: Century 21 Mountain Lifestyles/S. Hend
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MLS Disclaimers and Copyright
Based on information from Canopy MLS, for the period 03/01/2023 - 03/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 3:21:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.