Home prices
Morehead City's median home value is $225,200. In comparison to nearby areas this is roughly $51,020 (18%) lower.It is roughly $7,700 (3%) higher in comparison to the US as a whole, and in comparison to the city of Wilmington it is about $21,200 (8%) lower.
Rents
Morehead City's median rent is $863 per month. This is about $111 (11%) lower in comparison to the surrounding areas.In comparison to the entire nation it is roughly $199 (18%) lower, and in comparison to the city of Wilmington is about $135 (13%) lower.
Nearby places
Atlantic Beach
Atlantic Beach is approximately 2 miles south of Morehead City. Its real estate prices are a lot more expensive. The median home in Atlantic Beach costs $383,600, which comes out to $158,400 (41%) higher than Morehead City. The rent there is somewhat more expensive. Atlantic Beach's median rent is $958 a month, which comes out to $95 (9%) higher than Morehead City.
Beaufort
Beaufort is roughly 4 miles east of Morehead City. Its real estate prices are fairly similar. Beaufort's median home cost is $229,900, which is $4,700 (2%) higher than Morehead City. Rent there is somewhat less expensive. The median monthly rent in Beaufort is $715, which works out to $148 (20%) lower than Morehead City.
Pine Knoll Shores
Pine Knoll Shores is roughly 4 miles southwest from Morehead City. Real estate prices there are a lot more expensive. The median home value in Pine Knoll Shores is $387,600, which works out to $162,400 (41%) higher than Morehead City. Its rents are somewhat more expensive. Pine Knoll Shores's median rent is $1,214 a month, which comes out to $351 (28%) higher than Morehead City.
Newport
Newport is approximately 7 miles northwest of Morehead City. The housing prices there are significantly less expensive. Newport's median home price is $146,000, which works out to $79,200 (54%) lower than Morehead City. Rent there is a little more expensive. Newport's median monthly rent is $916, which works out to $53 (5%) higher than Morehead City.
Harkers Island
Harkers Island is roughly 9 miles east of Morehead City. The housing prices there are similar. Harkers Island's median home value is $234,000, which works out to $8,800 (3%) higher than Morehead City. Its rents are somewhat more expensive. The median monthly rent in Harkers Island is $1,066, which comes out to $203 (19%) higher than Morehead City.
