The Morehead City housing market is very competitive. The median sale price of a home in Morehead City was $320K last month, down 38.5% since last year. The median sale price per square foot in Morehead City is $227, down 4.2% since last year.
What is the housing market like in Morehead City today?
In May 2025, Morehead City home prices were down 38.5% compared to last year, selling for a median price of $320K. On average, homes in Morehead City sell after 17 days on the market compared to 26 days last year. There were 15 homes sold in May this year, up from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$320,000
-38.5% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Morehead City, NC
$320,000
-38.5%
United States
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How hot is the Morehead City housing market?
Morehead City is very competitive. Homes sell in 17 days.
0
100
75
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% below list price and go pending in around 17 days.
Hot homes
can sell for around list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Morehead City housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Morehead City.
Flood Factor - Severe
59% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Morehead City has a severe risk of flooding. 2,859 properties in Morehead City are likely to be
severely affected
by flooding over the next 30 years. This represents 59% of all properties in Morehead City. Flood risk is increasing faster than the national average.
39% of properties are at risk of wildfire over the next 30 years
Fire Factor
Morehead City has a moderate risk of wildfire. There are 2,543 properties in Morehead City that have some risk of being affected by wildfire over the next 30 years. This represents 39% of all properties in Morehead City.
53% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Morehead City has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Morehead City is most at risk from hurricanes. 3,422 properties in Morehead City have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 157 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 169 mph.