Morehead City, NC · Market Data

Morehead City, North Carolina real estate market data.

Real estate market data for Morehead City, NC (Carteret County) — Census median home value $330,900, county listing prices up about 4.3% over the past year.

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Morehead City, NC is in Carteret County, North Carolina — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 9,696, with a median household income of $53,718. Census data puts Morehead City's median home value at $330,900 (all owner-occupied homes); Carteret County's current median listing price runs $577,450, up about 4.3% over the past year.

At a glance

Morehead City market snapshot

Population

9,696

Median Household Income

$53,718

Median Home Value (city)

$330,900

Median Listing Price (Carteret County)

$577,450

Median Gross Rent

$1,122/mo

Price Trend (YoY)

+4.3%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Morehead City

What makes Morehead City different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Morehead City's median home value — across all owner-occupied homes, not just recent sales — at $330,900. Separately, Carteret County's current median listing price (via Realtor.com data, 2026-06-01) runs $577,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Carteret County's FHFA house price index shows a 9.52% annual change in 2025.

Population & Income

Morehead City has an estimated population of 9,696 and a median household income of $53,718, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Morehead City's Census-reported median home value works out to about 6.2x the area's median household income, and median gross rent runs roughly 25% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Morehead City FAQ

What are home values like in Morehead City, NC?

The Census Bureau's American Community Survey puts Morehead City's median home value at $330,900. Carteret County's current median listing price runs $577,450, up about 4.3% over the past year.

What is the population of Morehead City, NC?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Morehead City's population at approximately 9,696.

What's the median rent in Morehead City, NC?

The Census ACS estimates median gross rent in Morehead City at approximately $1,122 per month.

What is the median household income in Morehead City, NC?

Census ACS data puts the median household income in Morehead City at approximately $53,718.

Is the Morehead City housing market growing?

Carteret County's FHFA house price index shows a 9.52% annual change in 2025.

Is Morehead City, NC affordable relative to income?

Census ACS data puts Morehead City's median home value at about 6.2 times the median household income, with median gross rent equal to roughly 25% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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