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Train Depot, Morganton, North Carolina (2008)Photo: Ron Reiring · CC BY 2.0
Housing in Morganton

129 homes sold in Morganton in the last year, at a typical $298K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Morganton homes are listed.

Homes sold
129
June 2025 to May 2026
Typical sale price
$298K
median, weighted by sales
Price per square foot
$177
North Carolina $207
Paid vs. asking
96.8%
17% sold over asking
For sale now
67
May 2026 · 13 sold that month
What sold · last 12 months

Houses are 91% of Morganton’s sales, at a typical $301K

129 homes sold in the year to May 2026.

Houses$301K

typical sale · 117 sold in 12 months

Per square foot
$176NC $207
Days to sell
62
Sold over asking
19%
Listings with a price cut
27%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $600K
Townhouses: 6 sold, typical $278K
Condos: 5 sold, typical $302K

Too few sales in 12 months for reliable figures.

7 years of sales

About as many homes sell as usual, at 1.3 times the 2019 price

129 sales in the last year, against 192 in 2021 and a low of 22 in 2019. The typical sale went from $223K in 2019 to $298K.

Homes soldTypical sale price
050100150200$250K$300K$350K$400K2019: 22 sold, typical $223K’192020: 22 sold, typical $247K2021: 192 sold, typical $229K’212022: 186 sold, typical $264K2023: 159 sold, typical $277K’232024: 173 sold, typical $285K2025: 144 sold, typical $287K’25Last 12 months: 129 sold, typical $298KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Morganton

Houseat $176 a sq ft
The same money in North Carolinaat $207 a sq ft

Is this asking price fair?

Check a listing against what Morganton homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Morganton home costs about $1,744 a month

Mortgage
Property tax
Insurance
Rent

Price: Morganton’s typical sale, last 12 months. Property tax at Morganton’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Morganton is affordable on local pay is on Cost of living.

Before you buy in Morganton

Five things worth knowing

0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $298K home, about $2,270 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Morganton, from test results, graduation and how much students grow.

Schools in Morganton
18 min

Typical commute

The average one-way trip to work for people who live in Morganton.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Drexel, Gamewell and Cajah's Mountain sell for less a square foot

The busier markets within 25 miles of Morganton, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Morganton129$298K$17717%68
Valdese57$268K$18723%100
Gamewell32$266K$15728%127
Cajah's Mountain26$276K$16119%105
Connelly Springs24$424K$20317%78
Glen Alpine22$281K$18618%206
Drexel21$255K$16714%65

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Morganton, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Morganton. People who follow the town see it, and so do people comparing Morganton with their own town. No commission, no listing fee.

Questions about buying a home in Morganton

What do homes sell for in Morganton, NC?

129 homes sold in the year to May 2026 at a typical $298K, $177 a square foot.

Is Morganton a buyer’s or seller’s market?

A balanced market: 67 homes were for sale in May 2026 and 13 sold, about 5.2 months of supply. Buyers paid 96.8% of asking on average, and 26% of listings cut their price.

How much are property taxes in Morganton?

About 0.8% of a home’s value a year. On a $298K home that’s near $2,270.

Where can I see homes for sale in Morganton?

Zillow, Redfin, Realtor.com and Homes.com all carry Morganton’s MLS listings; the search links above open each one filtered to Morganton.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).