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How competitive is the Morehead City housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
36/100
YoY Challenging Market Conditions
Pending ratio
0.37
YoY contracts vs active
Inventory YoY
+0.1%
YoY active listings
Median DOM
67
YoY days on market
Price cuts
27.2%
YoY of active listings
Morehead City is moderately competitive as of May 2026, with a Sold Score of 36/100 (Challenging Market Conditions). **Pending ratio** is 0.37 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +11.3% — more choices for buyers than a year ago. **Median days on market** is 67. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 27.2% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 36/100 (Challenging Market Conditions) · Pending ratio: 0.37 · Inventory YoY: +11.3% · Median days on market: 67 · Sellers cutting price: 27.2% · Median listing price: $577,450 (+4.3% YoY)

Morehead City snapshot

As of the latest 2026 data
Median listing
$577K
YoY +0.0%
Active inventory
674
YoY +0.1%
Median DOM
79
YoY +0.0%
Pending ratio
0.39
YoY -0.0%
Price-reduced
18.2%
YoY -0.0%

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