Morehead City Metro Area, NC Housing

Morehead City, NC Metro Area has seen a significantly higher rate of house appreciation over the past year than the US average. The median housing value in Morehead City is $393,000 which is significantly higher than the US median house value of $338,100. Over the past year, house values in Morehead City have appreciated by 16.52%, more than double the 8.27% appreciation rate across the entire US. This indicates that Morehead City is a desirable place to live and will likely see an increase in demand for housing in the future.

The median home cost in Morehead City Metro Area is $393,000. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Morehead City Metro Area is up 19.7%.

Average Age of Homes

- The median age of Morehead City Metro Area real estate is 31 years old

The Rental Market in Morehead City Metro Area

- Renters make up 18.0% of the Morehead City Metro Area population
- 0.4% of houses and apartments in Morehead City Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Morehead City, North Carolina	United States
	50,642.0	139,647,020.0
	34	42
	$393,000	$338,100
	19.7%	16.6%
	63.5%	57.0%
	65.5%	101.1%
	$5.18	$10.98
	$1,231	$2,690
	43.1%	57.4%
	40.6%	11.2%
	16.3%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.0%	0.4%
	33.8%	3.6%
	5.3%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	2.2%	2.4%
	1.8%	2.8%
	1.9%	3.9%
	3.8%	4.5%
	11.4%	11.3%
	15.3%	13.0%
	23.4%	20.1%
	16.2%	13.6%
	6.7%	8.3%
	8.1%	9.7%
	3.6%	3.9%
	0.9%	2.2%
	0.2%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	17.9%	13.6%
	17.9%	13.6%
	18.0%	13.6%
	23.6%	13.2%
	13.7%	14.8%
	18.0%	13.6%
	4.8%	10.0%
	2.8%	4.7%
	4.5%	12.2%

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