Market Summary

Morganton, Burke County, NC

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Median Home Price Price

$247,781 $247.8K

Median Monthly Rent Rent

$1,099 $1.1K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Burke County

Region Price Rent GRM Display
Valdese
$238,251 $980 20.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Burke County

Region Price Rent GRM Display
Rockwell, Rowan County, NC
$280,671 $1,158 20.0x
High Point, Guilford County, NC
$241,890 $1,148 18.0x
China Grove, Rowan County, NC
$286,478 $1,166 20.0x
Catawba, Catawba County, NC
$302,941 $1,497 17.0x
Woodleaf, Rowan County, NC
$262,867 $930 23.0x
Tuckasegee, Jackson County, NC
$438,904 $1,186 31.0x
Landis, Rowan County, NC
$248,188 $1,282 16.0x
Newton, Catawba County, NC
$248,564 $1,158 18.0x
Claremont, Catawba County, NC
$245,328 $1,052 19.0x
Cleveland, Rowan County, NC
$302,605 $956 26.0x
Rocky Mount, Nash County, NC
$184,124 $1,083 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
Lincoln Heights, Hamilton County, OH
$114,886 $1,329 7.0x
Crawford, Oglethorpe County, GA
$261,396 $1,084 20.0x
Arcade, Jackson County, GA
$326,539 $1,359 20.0x
Danville, Pittsylvania County, VA
$152,081 $1,090 12.0x
Cedartown, Polk County, GA
$195,766 $1,054 15.0x
Brighton, Tipton County, TN
$263,343 $1,196 18.0x
Level Plains, Dale County, AL
$207,291 $1,033 17.0x
Chickamauga, Walker County, GA
$257,146 $1,101 19.0x
Long Island, Pittsylvania County, VA
$164,953 $1,007 14.0x
Bremen, Haralson County, GA
$279,065 $1,131 21.0x
Spencer, Medina County, OH
$300,566 $1,428 17.0x
Miltona, Douglas County, MN
$329,447 $1,099 25.0x
Social Circle, Walton County, GA
$354,317 $1,270 23.0x
Soddy-Daisy, Hamilton County, TN
$349,191 $1,079 27.0x
Van Buren, Hancock County, OH
$323,187 $1,097 25.0x
Martin, Franklin County, GA
$318,115 $1,072 25.0x
Aragon, Polk County, GA
$221,150 $1,163 16.0x
Lynwood, Cook County, IL
$270,187 $1,799 13.0x
Harlem, Columbia County, GA
$279,151 $1,161 20.0x
New Johnsonville, Humphreys County, TN
$210,222 $1,038 17.0x
Lyons, Cook County, IL
$263,304 $1,438 15.0x
Chatham, Pittsylvania County, VA
$162,058 $1,010 13.0x
Kelso, Cowlitz County, WA
$377,280 $1,486 21.0x
North High Shoals, Oconee County, GA
$518,024 $1,131 38.0x
Seymour, Sevier County, TN
$355,965 $1,625 18.0x
Cheviot, Hamilton County, OH
$176,176 $1,308 11.0x
McMinnville, Warren County, TN
$244,517 $1,023 20.0x
Rebecca, Turner County, GA
$168,597 $760 18.0x
Murray, Clarke County, IA
$158,853 $1,036 13.0x
Fulton, Howard County, MD
$954,999 $4,238 19.0x
Cleveland, Bradley County, TN
$301,380 $1,137 22.0x
Fillmore, Putnam County, IN
$277,087 $1,389 17.0x
Palmhurst, Hidalgo County, TX
$277,250 $1,044 22.0x
Fair Play, Oconee County, SC
$336,016 $1,037 27.0x
Tunnel Hill, Whitfield County, GA
$238,735 $1,039 19.0x
Union Gap, Yakima County, WA
$246,527 $1,166 18.0x
Chelsea, Rogers County, OK
$125,069 $1,087 10.0x
Buchanan, Haralson County, GA
$264,593 $1,118 20.0x
East Ridge, Hamilton County, TN
$254,959 $1,101 19.0x

Home prices

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Monthly rent

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GRM

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Morganton

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Trend Insights

Median Rent in Morganton, NC is $1,099, with MoM change +$5 and YoY change +$43 pointing to positive momentum while volatility is low (std $9).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Morganton, NC.

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Metric
Base market Morganton, NC
Compare market Select a market
Delta vs base
Median rent
$1,099
N/A
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Median price
$247,781
N/A
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YoY change
+$43
N/A
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Price-to-rent
18.8x
Data unavailable
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