Zip 28655 (Morganton, NC) Housing

The housing market in 28655 Morganton, NC is thriving with a median value of $206,400. This is significantly lower than the US house median value of $338,100. However, the one year house appreciation in this area has been much higher than the national average at 18.74%, compared to 8.27% for the US. This indicates that Morganton is seeing strong growth in its home values and is currently an attractive area for potential buyers and investors alike.

The median home cost in Morganton (zip 28655) is $206,400. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Morganton (zip 28655) is up 24.0%.

Average Age of Homes

- The median age of Morganton (zip 28655) real estate is 38 years old

The Rental Market in Morganton (zip 28655)

- Renters make up 24.2% of the Morganton (zip 28655) population
- 1.3% of houses and apartments in Morganton (zip 28655), 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	Morganton, North Carolina	United States
	24,640.0	139,647,020.0
	42	42
	$206,400	$338,100
	24.0%	16.6%
	75.5%	57.0%
	92.8%	101.1%
	$7.66	$10.98
	$1,035	$2,690
	63.3%	57.4%
	13.2%	11.2%
	23.4%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.5%	0.4%
	2.2%	3.6%
	8.7%	4.1%
Value of Owner-Occupied Housing
	6.4%	2.6%
	3.2%	2.4%
	4.3%	2.8%
	9.2%	3.9%
	12.9%	4.5%
	18.9%	11.3%
	17.3%	13.0%
	16.4%	20.1%
	5.1%	13.6%
	2.7%	8.3%
	1.4%	9.7%
	1.8%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.1%	13.6%
	12.1%	13.6%
	16.3%	13.6%
	16.1%	13.2%
	18.3%	14.8%
	16.3%	13.6%
	8.2%	10.0%
	6.6%	4.7%
	7.5%	12.2%

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