The Morganton housing market is somewhat competitive. The median sale price of a home in Morganton was $294K last month, down 5.9% since last year. The median sale price per square foot in Morganton is $185, up 8.5% since last year.
What is the housing market like in Morganton today?
In October 2024, Morganton home prices were down 5.9% compared to last year, selling for a median price of $294K. On average, homes in Morganton sell after 71 days on the market compared to 56 days last year. There were 20 homes sold in October this year, up from 13 last year.
$238K
Sale Price
-16.7% since last year
$185
Sale $/Sq. Ft.
+8.5% since last year
Under List Price
4.4%
Days on Market
62
Down Payment
1.4%
Total Homes Sold
8
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How hot is the Morganton housing market?
Morganton is somewhat competitive. Homes sell in 62 days.
0
100
32
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 62 days.
Hot homes
can sell for around list price and go pending in around 46 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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 Morganton housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Morganton.
Flood Factor - Severe
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Morganton has a severe risk of flooding. 685 properties in Morganton are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Morganton. Flood risk is increasing slower than the national average.
84% of properties are at risk of wildfire over the next 30 years
Fire Factor
Morganton has a moderate risk of wildfire. There are 6,540 properties in Morganton that have some risk of being affected by wildfire over the next 30 years. This represents 84% of all properties in Morganton.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Morganton has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Morganton is most at risk from hurricanes. 7,764 properties in Morganton 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 49 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 55 mph.