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·Morehead City Metro
NC

Morehead City Metro

Morehead City Metro Market Report

Top 10 ZIPs by size — 7.4% mortgage rate — Updated 10/15/2026

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Listings Flow Ladder — Morehead City

Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Aug 31, 2026

the basin is fillingnet 10 listings/mo
balanced 4–6 mo4.6 mo
Faucet — new listings
170/mo
85% of normal (200) · trickle
Basin — active listings
736
65% of normal (1,135) · balanced
Months of supply
4.6 mo
derived — not published at this grain
Drain — closed sales
160/mo
88% of normal (183)
Net — faucet minus drain
+10/mo
filling
Reading
current
as of 2026-08-31
Compare against:
2015-01-01 to 2019-12-31 · 5 same-month points

How plugged is the drain? Two definitions, both ours, deliberately not reconciled.

  • 0%Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
  • 12%Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month

Closed sales over 24 months — two different numbers, deliberately not merged.

  • 0/mofall in the monthly rate (0%)— peak 160/mo (2026-08-31) to 160/mo now
  • 363transactions that did not happen— summed monthly shortfall vs the same-month normal, over 22 months below it (vs 2015-19 (COVID excluded))
  • rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-08-31

Redfin market data (county + ZIP), via Lotvox. As of 2026-08-31. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). Aggregated over a fixed panel of 7 zips — the panel is fixed so a change in who reports cannot look like a change in the market. months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month.

Verified county coverage:Onslow County, NC

Tracked ZIPs
10
Avg Score
65
Avg Median
$313,452
Market
Buyer's
Avg Composite
65/100
Avg Median Price
$313,452
Avg Rent
$1,541/mo
Avg Burden
30.1%of income

Buyer Leverage — Should I Buy in Morehead City?

71
Avg Buyer Score
10 ZIPs analyzed
Strong Buyer
4
Moderate
3
Balanced
2
Seller Favored
1
Strong Seller
0
Best for Buyers
28594Emerald Isle98
28531Harkers Island96
28516Beaufort85
28557Morehead City78
Most Competitive
28528Beaufort43
28570Newport64

NEGOTIATE — most Morehead City ZIPs favor buyers

28540
Jacksonville, onslow county
64
Median Price
$260,062
YoY
+3.7%
Payment Burden
28.1%
Buy vs Rent
Neutral
Days on Market
52
Supply
2.2 mo
Rent
$1,415
Val. Gap
+16.4%
28546
Jacksonville, onslow county
60
Median Price
$268,630
YoY
+2.7%
Payment Burden
29.5%
Buy vs Rent
Neutral
Days on Market
45
Supply
2.9 mo
Rent
$1,462
Val. Gap
+83.2%
28460
Sneads Ferry, onslow county
56
Median Price
$403,018
YoY
+1.5%
Payment Burden
31.1%
Buy vs Rent
Neutral
Days on Market
82
Supply
5.9 mo
Rent
$1,933
Val. Gap
-34.1%
28574
Richlands, onslow county
76
Median Price
$277,205
YoY
+4.1%
Payment Burden
27.7%
Buy vs Rent
Buy
Days on Market
56
Supply
2.4 mo
Rent
$1,749
Val. Gap
—
28539
Hubert, onslow county
61
Median Price
$284,939
YoY
+3.0%
Payment Burden
30.9%
Buy vs Rent
Neutral
Days on Market
41
Supply
2.8 mo
Rent
$1,517
Val. Gap
-31.4%
28445
Holly Ridge, onslow county
46
Median Price
$528,306
YoY
+2.8%
Payment Burden
39.3%
Buy vs Rent
Rent
Days on Market
71
Supply
4.1 mo
Rent
$1,902
Val. Gap
-30.3%
28584
, carteret county
54
Median Price
$401,413
YoY
+1.2%
Payment Burden
32.7%
Buy vs Rent
Neutral
Days on Market
60
Supply
3.7 mo
Rent
$1,688
Val. Gap
-43.8%
28454
Maple Hill, onslow county
83
Median Price
$279,311
YoY
+4.6%
Payment Burden
26.9%
Buy vs Rent
Neutral
Days on Market
29
Supply
1.3 mo
Rent
$1,500
Val. Gap
—
28544
Midway Park, onslow county
74
Median Price
$202,575
YoY
+1.4%
Payment Burden
27.2%
Buy vs Rent
Buy
Days on Market
38
Supply
3.7 mo
Rent
$1,388
Val. Gap
—
28518
Beulaville, duplin county
76
Median Price
$229,061
YoY
+2.9%
Payment Burden
27.9%
Buy vs Rent
Rent
Days on Market
76
Supply
4.1 mo
Rent
$859
Val. Gap
—

Every ZIP market page in Morehead City Metro (12)