Housing Market Report for Walter R Johnson Middle, Morganton, NC

This housing market report uses absorption rates to track supply and demand for Walter R Johnson Middle, Morganton, NC. With 9.8 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 19, 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 🔥
$425k – $450k

Absorption rate of 1, with 1 months of inventory.

Coolest Segment ❄️
$450k – $475k

With 30 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$250k – $275k

4 active listings with 9 sold in the last 6 months.

Market Overview
All Segments

With 7.6 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
100k-125k 1 0
125k-150k 2 0.3 0 Seller's
150k-175k 1 3 0.5 2 Seller's
175k-200k 2 3 0.3 4 Balanced
200k-225k 4 4 0.2 6 Balanced
225k-250k 6 4 0.1 9 Buyer's
250k-275k 4 9 0.4 2.7 Seller's
275k-300k 4 4 0.2 6 Balanced
300k-325k 7 2 0 21
325k-350k 4 1 0 24
350k-375k 3 2 0.1 9 Buyer's
375k-400k 3 0
400k-425k 1 0
425k-450k 1 6 1 1 Seller's
450k-475k 5 1 0 30
475k-500k 2 0
500k-550k 2 1 0.1 12 Buyer's
550k-600k 4 1 0 24
650k-700k 1 2 0.3 3 Balanced
700k-750k 1 0
750k-800k 1 0
800k-850k 1 0.2 0 Seller's
1.6m-1.7m 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 🔥
$275k – $300k

Absorption rate of 0.

Most Active
$275k – $300k

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

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
275k-300k 2 0

Land

Hottest Segment 🔥
$25k – $50k

Absorption rate of 0.1, with 18 months of inventory.

Coolest Segment ❄️
$50k – $75k

With 45 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$50k – $75k

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

Market Overview
All Segments

With 34.8 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 1 0.2 0 Seller's
25k-50k 6 2 0.1 18 Buyer's
50k-75k 15 2 0 45
75k-100k 4 0
125k-150k 2 0
225k-250k 1 0
900k-950k 1 0

Neighboring Cities

Neighboring Cities

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