Is Morehead City, NC 28557 a buyer’s or seller’s market?
Morehead City is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Competition score20/ 100
More competitive than 14% of U.S. ZIP codes, and #324 of 424 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply5Under 4 months = seller’s market
Sold above original list11.8%Share of sales, last 3 months
Median sale-to-list96%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$249▲ +5.3% vs. last year
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Nearby markets
Atlantic 28511Buyer’s market $253 /sq ftAtlantic Beach 28512Balanced $456 /sq ftBeaufort 28516Seller’s market $270 /sq ftCedar Island 28520Buyer’s market $316 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology