Morganton, NC Home Values & Market Trends
Real estate market trends reflect that there have been 851 transactions over the past year in Morganton. The median value for residential home transactions that occurred over the previous year is $292,866. The number of current listings in Morganton is 762, and the percentage of properties for sale in the city is 762.00%. Morganton, NC currently has 47 properties in foreclosure, 20 bank owned properties, 11 properties headed for auction, and 762 properties for sale.
Morganton, NC Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 28655 | $ 292,866 $ 185/sqft |
Housing Market Summary for Morganton, NC
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $324.9K | $309K | -4.89% |
| Median Sold Price | $259.8K | $222.3K | -14.43% |
| Homes For Sale | 492 | 744 | 51.22% |
| Homes Sold | 470 | 393 | -16.38% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Morganton, NC
Browse Homes in Morganton, NC
Morganton home values range from $16,962 to $2,799,000. The median estimated value of a home in Morganton is $292,866. The median list price of a home is 306,250, and the total count of properties in the city is 1,225.
- Pre-ForeclosurePre-foreclosure homes account for 1.31% of all residential properties in Morganton, NC with 28655 containing 16 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Morganton, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $314,144 in 28655 to the lowest home value of $97,259 in 28655.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Morganton, NC ranges from the highest value of $409,000 in 28655 to the lowest value of $128,448 in 28655. Bank owned homes and properties account for 1.63% of properties in Morganton, NC. There is 1 zips within Morganton, NC; 28655 containing 20 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions28655 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Morganton, NC. Auction homes and other auction properties account for 0.90% of all properties in Morganton, NC. There is 1 zips within Morganton, NC; of that zips, the median estimated home value for homes going to auction ranges from $736,099 in 28655 to the lowest value of $66,510 in 28655.
Compare Nearby Cities
More Real Estate Resources for Morganton, NC
Guide for Morganton, NC
North Carolina Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.