Housing Market Report for W A Young Elementary, Morganton, NC

This housing market report uses absorption rates to track supply and demand for W A Young Elementary, Morganton, NC. With 17.7 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 20, 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.

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Houses

Hottest Segment 🔥
$200k – $225k

Absorption rate of 0.3, with 3 months of inventory.

Coolest Segment ❄️
$275k – $300k

With 18 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$300k – $325k

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

Market Overview
All Segments

With 8.4 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 1 0
100k-125k 1 1 0.2 6 Balanced
150k-175k 1 0
175k-200k 1 0.2 0 Seller's
200k-225k 1 2 0.3 3 Balanced
225k-250k 1 2 0.3 3 Balanced
250k-275k 1 1 0.2 6 Balanced
275k-300k 3 1 0.1 18 Buyer's
300k-325k 2 2 0.2 6 Balanced
350k-375k 2 1 0.1 12 Buyer's
375k-400k 2 0.3 0 Seller's
400k-425k 1 0
425k-450k 1 1 0.2 6 Balanced
475k-500k 1 1 0.2 6 Balanced
500k-550k 1 0
600k-650k 2 0
700k-750k 1 0
750k-800k 1 0

Land

Hottest Segment 🔥
$25k – $50k

Absorption rate of 0, with 24 months of inventory.

Coolest Segment ❄️
$25k – $50k

With 24 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$25k – $50k

12 active listings with 3 sold in the last 6 months.

Market Overview
All Segments

With 52.5 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 6 0
25k-50k 12 3 0 24
50k-75k 11 0
75k-100k 2 0
100k-125k 2 0
175k-200k 1 0
500k-550k 1 0.2 0 Seller's
1.2m-1.3m 1 0

Neighboring Cities

Neighboring Cities

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