Call or Text (240) SELL-123
Country Club East Hedrick Estates Joslyn Trace Keeter Park Lake and Shores Estates Mandy Farms McDaniels North Woods Oaksmith Acres River Heights Sunrise Point The Haystacks

MOREHEAD CITY, NC 28557

Real Estate Market Report  ·  Carteret County
Buyer's Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 28557

Country Club East · Hedrick Estates · Joslyn Trace · Keeter Park · Lake and Shores Estates · Mandy Farms · McDaniels · North Woods · Oaksmith Acres · River Heights · Sunrise Point · The Haystacks

Market Analysis

Data as of April 2026. Source: Realtor.com.

The MOREHEAD CITY, NC real estate market (28557) currently shows 118 active listings, with 48 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 60 days on market compared to 37 days last year.

The median listing price has risen 4.7% year-over-year, from $472,450 to $494,500.

Whether you are buying or selling in MOREHEAD CITY, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MOREHEAD CITY, NC 28557 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 15,379  ·  Density: 418.5/mi²  ·  Median household income: $62,947

Typical home value: $303,976  ·  Homeownership: 64.0%

Market Overview

Active Listings
118
⇧ 22.9% vs 96 last year
Pending
48
41% pending ratio
Median Price
$494,500
⇧ 4.7% vs $472,450 last year
Average Price
$634,391
⇩ 4.9% vs $667,288 last year
Days on Market
60
⇧ 62.2% vs 37 days last year

Price Per Square Foot

Median $/sqft
$266
⇧ 1.9% vs $261/sqft last year
Median Home Size
1,714 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 118 this year vs 96 last year
  • Days on market: 60 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $494,500 (+4.7% YoY)
  • Average: $634,391 (-4.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.1 miles — 778 listings ($503,295,198 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28557Morehead City, NC 285570.0 mi104$77,353,432$533,500$743,783
28570Newport, NC 285708.1 mi98$72,827,818$532,500$743,141
28531Harkers Island, NC 2853110.8 mi9$4,617,999$389,000$513,111
28553Marshallberg, NC 2855313.2 mi1$285,000$285,000$285,000
28579Smyrna, NC 2857914.4 mi3$1,348,350$449,450$449,450
28594Emerald Isle, NC 2859416.9 mi126$165,638,970$1,039,750$1,314,595
28581Stacy, NC 2858119.3 mi1$195,000$195,000$195,000
28571Oriental, NC 2857121.9 mi55$31,754,800$472,450$577,360
28520Cedar Island, NC 2852022.6 mi4$2,049,900$482,450$512,475
28511Atlantic, NC 2851124.9 mi3$1,238,001$419,000$412,667
28529Grantsboro, NC 2852927.3 mi2$610,000$305,000$305,000
28539Hubert, NC 2853928.1 mi140$51,512,440$333,850$367,946
28560New Bern, NC 2856030.1 mi232$93,863,488$349,900$404,584

Frequently Asked Questions

How many homes are for sale in MOREHEAD CITY, NC 28557?

As of April 2026, there are 118 active listings in MOREHEAD CITY, NC (zip code 28557), compared to 96 the prior year.

What is the median home price in MOREHEAD CITY, NC 28557?

The median listing price in MOREHEAD CITY, NC 28557 is $494,500 as of April 2026, a 4.7% increase from $472,450 the prior year.

How long do homes stay on the market in MOREHEAD CITY, NC?

Homes in MOREHEAD CITY, NC 28557 spend an average of 60 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in MOREHEAD CITY, NC 28557?

Based on current inventory and days-on-market data as of April 2026, MOREHEAD CITY, NC 28557 is currently a Buyer's Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 60 days on market compared to 37 days last year.

How much can I save on real estate commission in MOREHEAD CITY, NC?

With SELL123.com's maximum 3% commission, sellers in MOREHEAD CITY, NC 28557 save an estimated $9,890 compared to a typical 5% commission on the median listing price of $494,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.