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Morehead City, NC

Full City Profile · North Carolina · Carteret County County

3.1 /5.0
B Good
9,696 Population 1,309/sq mi density
$53,718 Median Income $40,605 per capita
$330,900 Home Value $404,442 Zillow
$1,122 Median Rent 37.0% income on rent
63°F Avg Temperature 302 sunny days/yr
288 Violent Crime/100K 0 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$53,718 median income, 2.1% unemployment
B
Affordability
3.2 / 5.0
$330,900 home value, $1,122/mo rent
C
Safety
2.0 / 5.0
288 violent crimes/100K
B+
Education
3.8 / 5.0
34.6% bachelor's degree or higher

Housing Overview

Median Home Value
$330,900
17% above
US avg: $281,900
Median Rent
$1,122/mo
4% below
US avg: $1,163/mo
Homeownership Rate
47.3%
28% below US avg (65.4%)
Total Housing Units
6,320
Median year built: 1985

Home Value by Source

Census Median
$330,900
Zillow (ZHVI)
$404,442
Median Sale Price
$725,000
Median List Price
$685,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

47.3%
Owner-Occupied
52.7%
Renter-Occupied
47%
53%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $1,122/mo · Zillow rent: $1,675/mo

Market Indicators (Redfin)

Median Days on Market
179 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
7.0%
of listings with price reduction
Price Per Sq Ft
$367
Active Inventory
71
homes for sale

Affordability & Housing Stock

Rent Burden
37.0%
of renters spending 30%+ of income on housing
19% above US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
47.3%

Complete Housing Data

Home Values

Census Median Value$330,900
Zillow Home Value (ZHVI)$404,442
Median Sale Price$725,000
Median List Price$685,000
Price Per Sq Ft$367

Rent

Census Median Rent$1,122
Zillow Rent (ZORI)$1,675
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market179
Sale-to-List Ratio1.0%
Price Drops7.0%
Homes Sold13
Active Inventory71
Price Per Sq Ft$367

Ownership & Stock

Owner-Occupied47.3%
Renter-Occupied52.7%
Homeownership Rate47.3%
Total Housing Units6,320
Median Year Built1985
Rent Burden37.0%