Morehead City, Carteret County, NC

Median Home Price Price

$399,641 $399.6K

Median Monthly Rent Rent

$1,362 $1.4K

24.0x

Market Snapshot

Morehead City, Carteret County, NC is a city market with a median home price of $399,641, a median monthly rent of $1,362, a GRM of 24.0x, and a price-to-rent ratio of 24.5.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Nearby alternative Similar GRM Similar rent
High confidence
Price $391.3K
Rent $1.4K
GRM 24.0x
Explore the data
Region Show
$448K $1.3K 28.0x
Bogue
$391K $1.4K 24.0x
$329K $1.2K 23.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$272K $1.3K 17.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Morehead City

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Benchmark comparison

Compare Morehead City, NC to another market.

Morehead City, NC
Cape Carteret, NC
Delta
Median rent
$1,362
N/A
Median price
$399,641
N/A
YoY change
+$39
N/A
Price-to-rent
24.5x
Data unavailable

Key takeaways

  • Morehead City, Carteret County, NC has a higher-grm screening profile: At 24.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $39 year over year.
  • Next discovery step: compare Cape Carteret, Carteret County, NC from the Same county set.