What is the median home value in Morehead City, NC?

Name: Home values in Morehead City, NC, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Morehead City, NC is $357,400 (±$28,587), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Morehead City, the median home value went from $225,200 in 2015–2019 to $357,400 in 2020–2024 (+58.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median home value: $357,400 (±$28,587)
Owner-occupied homes: 2,413 (±261)
Most common range: $300,000 to $499,999

Home values in Morehead City

Owner-occupied homes by value, 2020–2024
Value	Morehead City	Carteret County	North Carolina	United States
Less than $50,000	6.2% (±2.6 points)	5.6%	5.9%	5.3%
$50,000 to $99,999	2.1% (±1.5 points)	4.1%	6.8%	6.1%
$100,000 to $149,999	4.3% (±2.0 points)	5.9%	8.3%	6.8%
$150,000 to $199,999	5.4% (±2.7 points)	9.5%	10.6%	9.0%
$200,000 to $299,999	22.1% (±3.8 points)	18.9%	20.5%	17.8%
$300,000 to $499,999	36.6% (±4.2 points)	31.0%	28.3%	26.9%
$500,000 to $999,999	17.2% (±3.5 points)	20.2%	16.3%	20.9%
$1,000,000 or more	6.1% (±2.3 points)	4.8%	3.3%	7.1%

The most common range is $300,000 to $499,999, 36.6% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Morehead City against Carteret County, its state and the nation

Estimate (90% margin of error)
	Morehead City	Carteret County	North Carolina	United States
Median home value	$357,400 (±$28,587)	$333,300 (±$9,275)	$288,900 (±$1,086)	$332,700
Owner-occupied homes	2,413 (±261)	23,885 (±511)	2,853,493 (±14,473)	84,210,142

In Morehead City, the median home value is not measurably different from Carteret County ($333,300).

It is also higher than in North Carolina ($288,900).

It is not measurably different from the national figure ($332,700).

In Carteret County, Morehead City ranks 8 of 14 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 136 of 647.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Morehead City have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$225,200 (±$20,626)	$357,400 (±$28,587)	+58.7%	Up after inflation
Median owner cost with a mortgage	$1,468 (±$169)	$1,932 (±$126)	+31.6%	No measurable change after inflation
Median real estate taxes	$1,324 (±$80)	$1,678 (±$179)	+26.7%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Morehead City

Nearest places with a published estimate, compared with Morehead City
Place	Distance	Median home value	Compared with this place
Morehead City	—	$357,400 (±$28,587)	—
Atlantic Beach	1.8 mi	$498,400 (±$120,512)	Higher
Beaufort	5.0 mi	$354,900 (±$64,733)	Not measurably different
Brandywine Bay	5.2 mi	$371,500 (±$30,932)	Not measurably different
Pine Knoll Shores	5.7 mi	$592,300 (±$31,294)	Higher
Newport	8.5 mi	$233,600 (±$45,580)	Lower
Indian Beach	9.5 mi	$534,100 (±$156,108)	Higher
Broad Creek	10 mi	$244,200 (±$24,079)	Lower
Harkers Island	11 mi	$313,100 (±$46,977)	Not measurably different

Nearby places with a measurably lower figure: Newport, NC ($233,600), Broad Creek, NC ($244,200).

Nearby places with a measurably higher figure: Atlantic Beach, NC ($498,400), Pine Knoll Shores, NC ($592,300), Indian Beach, NC ($534,100).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Carteret County, place by place

Rank	Place	Median home value
2	Pine Knoll Shores	$592,300 (±$31,294)
3	Indian Beach	$534,100 (±$156,108)
4	Atlantic Beach	$498,400 (±$120,512)
5	Cedar Point	$423,700 (±$27,322)
6	Cape Carteret	$375,700 (±$17,620)
7	Brandywine Bay	$371,500 (±$30,932)
8	Morehead City	$357,400 (±$28,587)
9	Beaufort	$354,900 (±$64,733)
10	Harkers Island	$313,100 (±$46,977)
11	Bogue	$291,100 (±$42,880)
12	Broad Creek	$244,200 (±$24,079)
13	Newport	$233,600 (±$45,580)
14	Peletier	$208,500 (±$50,483)

Showing 13 of 14 places in Carteret County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Morehead City

What is the average home value in Morehead City, NC?

The Census Bureau publishes the median: $357,400 (±$28,587) for owner-occupied homes in Morehead City (2020–2024 American Community Survey).

Have home values in Morehead City gone up?

In Morehead City, the median home value went from $225,200 in 2015–2019 to $357,400 in 2020–2024 (+58.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Morehead City sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Morehead City town, North Carolina (place:44320, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.