The housing market in Morehead City, NC (28557) is thriving. The median value of a house in this area is $344,900, which is slightly higher than the national average of $338,100. Not only that, but the appreciation rate of houses in this area is also higher than the national average. In the past year alone, house values have appreciated by 15.05%, which is much higher than the US average of 8.27%. This shows that investing in real estate in Morehead City is a smart financial move and it’s no wonder why people are flocking here to buy or rent homes.
The median home cost in Morehead City (zip 28557) is $344,900. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Morehead City (zip 28557) is up 19.7%.
Average Age of Homes
- The median age of Morehead City (zip 28557) real estate is 31 years old
The Rental Market in Morehead City (zip 28557)
- Renters make up 29.7% of the Morehead City (zip 28557) population
- 1.0% of houses and apartments in Morehead City (zip 28557), 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.