Housing Market Report for Morganton, NC

This housing market report uses absorption rates to track supply and demand for Morganton, NC. With 10.1 months of inventory across all segments, conditions currently favor buyers — more homes are available than active buyers, creating more room to negotiate on price and terms. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 26, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

Alissa Traughber
Alissa Traughber
Real Estate Agent

Have questions? Looking to buy or sell? (888) 326-2726

Houses

Hottest Segment 🔥
$425k – $450k

Absorption rate of 0.9, with 1.1 months of inventory.

Coolest Segment ❄️
$750k – $800k

With 36 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$200k – $225k

14 active listings with 23 sold in the last 6 months.

Market Overview
All Segments

With 6.4 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
75k-100k 3 2 0.1 9 Buyer's
100k-125k 2 2 0.2 6 Balanced
125k-150k 4 9 0.4 2.7 Seller's
150k-175k 9 8 0.1 6.8 Buyer's
175k-200k 12 18 1 0.3 4 Balanced
200k-225k 14 23 0.3 3.7 Balanced
225k-250k 21 22 0.2 5.7 Balanced
250k-275k 17 16 0.2 6.4 Buyer's
275k-300k 19 18 0.2 6.3 Buyer's
300k-325k 11 11 0.2 6 Balanced
325k-350k 13 7 0.1 11.1 Buyer's
350k-375k 10 10 0.2 6 Balanced
375k-400k 10 5 0.1 12 Buyer's
400k-425k 7 5 0.1 8.4 Buyer's
425k-450k 2 11 0.9 1.1 Seller's
450k-475k 8 5 0.1 9.6 Buyer's
475k-500k 5 3 0.1 10 Buyer's
500k-550k 7 3 0.1 14 Buyer's
550k-600k 5 4 0.1 7.5 Buyer's
600k-650k 4 2 0.1 12 Buyer's
650k-700k 2 3 0.3 4 Balanced
700k-750k 2 1 0.1 12 Buyer's
750k-800k 6 1 0 36
800k-850k 2 0.3 0 Seller's
850k-900k 2 0
900k-950k 3 0
950k-1m 1 0.2 0 Seller's
1m-1.1m 1 0.2 0 Seller's
1.1m-1.2m 5 2 0.1 15 Buyer's
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.5m-1.6m 1 0.2 0 Seller's
1.6m-1.7m 1 0
2m-2.25m 1 0.2 0 Seller's
2.5m-2.75m 2 0
2.75m-3m 1 0
3m-3.5m 1 0

Townhouses

Hottest Segment 🔥
$350k – $375k

Absorption rate of 0.

Coolest Segment ❄️
$225k – $250k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$250k – $275k

0 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 1.5 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
225k-250k 1 0.2 0 Seller's
250k-275k 2 0.3 0 Seller's
350k-375k 1 0
375k-400k 1 0.2 0 Seller's

Condos

Hottest Segment 🔥
$225k – $250k

Absorption rate of 0.

Coolest Segment ❄️
$600k – $650k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$600k – $650k

0 active listings with 1 sold in the last 6 months.

Market Overview
All Segments

With 24 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
225k-250k 2 0
275k-300k 2 0
600k-650k 1 0.2 0 Seller's

Land

Hottest Segment 🔥
$500k – $550k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$175k – $200k

With 42 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$25k – $50k

60 active listings with 13 sold in the last 6 months.

Market Overview
All Segments

With 27.3 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 26 4 0 39
25k-50k 60 13 0 27.7
50k-75k 39 8 0 29.3
75k-100k 20 3 0 40
100k-125k 5 2 0.1 15 Buyer's
125k-150k 5 0
150k-175k 6 5 0.1 7.2 Buyer's
175k-200k 7 1 0 42
200k-225k 3 0.5 0 Seller's
225k-250k 2 0
250k-275k 1 0
275k-300k 4 0
300k-325k 1 0
325k-350k 2 0
350k-375k 2 0
375k-400k 2 1 0.1 12 Buyer's
450k-475k 2 0
475k-500k 2 0
500k-550k 1 1 0.2 6 Balanced
600k-650k 3 2 0.1 9 Buyer's
700k-750k 1 0.2 0 Seller's
900k-950k 2 0
950k-1m 4 0
1.1m-1.2m 1 0
1.2m-1.3m 2 0
1.7m-1.8m 1 0

Neighboring Cities

Neighboring Cities

View cities near Morganton