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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
Buyer's Market
February 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 February 2026. Source: Realtor.com.

The MOREHEAD CITY, NC real estate market (28557) currently shows 104 active listings, with 37 pending sales. Homes are averaging 112 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 112 days on market compared to 86 days last year.

The median listing price has risen 12.9% year-over-year, from $472,500 to $533,500.

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.

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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
104
⇧ 33.3% vs 78 last year
Pending
37
36% pending ratio
Median Price
$533,500
⇧ 12.9% vs $472,500 last year
Average Price
$743,783
⇧ 11.3% vs $668,359 last year
Days on Market
112
⇧ 30.2% vs 86 days last year

Price Per Square Foot

Median $/sqft
$284
vs $284/sqft last year
Median Home Size
1,835 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 104 this year vs 78 last year
  • Days on market: 112 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $533,500 (+12.9% YoY)
  • Average: $743,783 (+11.3% 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 30.7 miles — 838 listings ($413,450,335 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28557Morehead City, NC 285570.0 mi107$84,993,310$527,000$794,330
28570Newport, NC 285708.1 mi91$65,774,345$499,000$722,795
28531Harkers Island, NC 2853110.8 mi11$5,674,779$400,000$515,889
28532Havelock, NC 2853213.8 mi78$23,193,456$274,500$297,352
28524Davis, NC 2852415.7 mi3$4,490,250$1,496,750$1,496,750
28510Arapahoe, NC 2851018.7 mi27$12,480,966$445,000$462,258
28584Swansboro, NC 2858420.1 mi115$54,325,770$416,500$472,398
28577Sealevel, NC 2857722.6 mi3$1,241,700$219,900$413,900
28582Stella, NC 2858222.7 mi13$7,082,764$375,000$544,828
28556Merritt, NC 2855626.7 mi16$10,454,496$605,000$653,406
28539Hubert, NC 2853928.1 mi149$54,359,670$307,500$364,830
28560New Bern, NC 2856030.1 mi223$87,844,829$349,900$393,923
28519Bridgeton, NC 2851930.7 mi2$1,534,000$767,000$767,000

Frequently Asked Questions

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

As of February 2026, there are 104 active listings in MOREHEAD CITY, NC (zip code 28557), compared to 78 the prior year.

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

The median listing price in MOREHEAD CITY, NC 28557 is $533,500 as of February 2026, a 12.9% increase from $472,500 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 112 days on the market before going under contract, compared to 86 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 February 2026, MOREHEAD CITY, NC 28557 is currently a Buyer's Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 112 days on market compared to 86 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 $10,670 compared to a typical 5% commission on the median listing price of $533,500. 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.