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MORGANTON, NC 28655

Real Estate Market Report  ·  Burke County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The MORGANTON, NC real estate market (28655) currently shows 290 active listings, with 75 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 85 more homes available — giving buyers more choice.

Homes are selling faster, averaging 63 days on market compared to 66 days last year.

The median listing price has fallen 5.8% year-over-year, from $335,175 to $315,825.

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Market Context

Market Context

Population: 56,692  ·  Density: 67.4/mi²  ·  Median household income: $51,689

Typical home value: $152,940  ·  Homeownership: 74.6%

Market Overview

Active Listings
290
⇧ 41.5% vs 205 last year
Pending
75
26% pending ratio
Median Price
$315,825
⇩ 5.8% vs $335,175 last year
Average Price
$456,378
⇩ 8.2% vs $496,944 last year
Days on Market
63
⇩ 4.5% vs 66 days last year

Price Per Square Foot

Median $/sqft
$204
⇧ 0.5% vs $203/sqft last year
Median Home Size
1,575 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 290 this year vs 205 last year
  • Days on market: 63 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $315,825 (-5.8% YoY)
  • Average: $456,378 (-8.2% 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 26.5 miles — 633 listings ($317,277,168 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28655Morganton, NC 286550.0 mi176$80,067,328$320,200$454,928
28761Nebo, NC 2876110.3 mi67$50,370,265$634,250$751,795
28638Hudson, NC 2863816.1 mi36$12,808,152$299,900$355,782
28020Casar, NC 2802016.9 mi8$2,009,336$260,000$251,167
28637Hildebran, NC 2863718.3 mi6$1,880,700$304,750$313,450
28645Lenoir, NC 2864518.9 mi175$78,246,700$302,425$447,124
28749Little Switzerland, NC 2874920.8 mi4$1,795,900$443,000$448,975
28777Spruce Pine, NC 2877721.0 mi51$19,141,269$340,000$375,319
28167Union Mills, NC 2816721.2 mi18$10,070,244$427,500$559,458
28168Vale, NC 2816822.7 mi26$10,406,864$382,175$400,264
28646Linville, NC 2864623.2 mi15$24,060,690$949,597$1,604,046
28040Ellenboro, NC 2804025.5 mi23$6,584,072$215,000$286,264
28762Old Fort, NC 2876226.5 mi28$19,835,648$465,475$708,416

Frequently Asked Questions

How many homes are for sale in MORGANTON, NC 28655?

As of September 2026, there are 290 active listings in MORGANTON, NC (zip code 28655), compared to 205 the prior year.

What is the median home price in MORGANTON, NC 28655?

The median listing price in MORGANTON, NC 28655 is $315,825 as of September 2026, a 5.8% decrease from $335,175 the prior year.

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

Homes in MORGANTON, NC 28655 spend an average of 63 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in MORGANTON, NC 28655?

Based on current inventory and days-on-market data as of September 2026, MORGANTON, NC 28655 is currently a Balanced Market. Inventory has increased compared to last year, with 85 more homes available — giving buyers more choice. Homes are selling faster, averaging 63 days on market compared to 66 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MORGANTON, NC 28655 save an estimated $6,317 compared to a typical 5% commission on the median listing price of $315,825. 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.