Homes under $500K for sale in Morehead City, NC

Homes listed under $500,000.

57

For sale now

7 new this week

$339,000

Middle asking price

$222/sq ft

$355,750

Middle sale price

146 sold, last 12 mo

94.4%

Of first asking price

what sellers received

29

Days on market

typical, last 12 mo

Stop anytime.

As of October 30, 2026, there are 57 homes under $500K for sale in Morehead City, NC, with a middle asking price of $339,000 (from $129,950 to $495,000). 7 came on the market in the last week. Another 21 are under contract.

In the 12 months through October 30, 2026, 146 sold at a middle price of $355,750, typically for 94.4% of the first asking price after about 29 days on the market.

The most choices right now are in Calico, Brandywine Bay, Mandy Farms.

Homes under $500K for sale in Morehead City

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Price mix

  • Under $300K23
  • $300K–$500K34
  • $500K–$750K0
  • $750K–$1M0
  • $1M+0

Where they are

Under $500K in nearby towns

Questions, answered

How many homes under $500K are for sale in Morehead City, NC?

As of October 30, 2026, there are 57 homes under $500K for sale in Morehead City, NC, with a middle asking price of $339,000 (from $129,950 to $495,000). 7 came on the market in the last week. Another 21 are under contract.

What do homes under $500K cost in Morehead City, NC?

As of October 30, 2026, the middle asking price is $339,000, about $222 per square foot for a typical 1,425 sq ft. Under $300K: 23; $300K–$500K: 34.

What did homes under $500K sell for in Morehead City, NC last year?

In the 12 months through October 30, 2026, 146 sold at a middle price of $355,750, typically for 94.4% of the first asking price after about 29 days on the market.

How fast do homes under $500K sell in Morehead City, NC?

In the 12 months through October 30, 2026 they typically sold in about 29 days, at 94.4% of the first asking price.

Which communities in Morehead City, NC have the most homes under $500K for sale?

As of October 30, 2026, Calico (7), Brandywine Bay (6), Mandy Farms (4), The Courtyard (3), Bridgewood Condo (3), The Bridges Condominium (3).

How do I estimate a monthly payment on a home in Morehead City, NC?

A mortgage payment has two parts: principal and interest, which depend on the price, your down payment and the rate a lender offers you; and the costs on top — property taxes, homeowners insurance (and flood insurance near the water), HOA dues where there's an association, and mortgage insurance if you put less than 20% down. Each home's page has a calculator that uses the rate you've been quoted and that home's own taxes and HOA dues from the listing. For your actual rate and Annual Percentage Rate (APR), ask a licensed lender — we can introduce you to Joey Milam at Alpha Mortgage Advantage, or you're free to choose any lender.

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Figures are computed live from MLS listing data for Morehead City, NC, under $500k only. Middle = median. Listing data is deemed reliable but not guaranteed.