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

As of October 19, 2026, there are 57 homes under $500K for sale in Morehead City, NC, with a middle asking price of $343,000 (from $129,950 to $499,990). 4 came on the market in the last week. Another 18 are under contract.

As of October 19, 2026, the middle asking price is $343,000, about $221 per square foot for a typical 1,430 sq ft. Under $300K: 23; $300K–$500K: 34.

In the 12 months through October 19, 2026, 149 sold at a middle price of $354,000, typically for 94.4% of the first asking price after about 30 days on the market.

In the 12 months through October 19, 2026 they typically sold in about 30 days, at 94.4% of the first asking price.

As of October 19, 2026, Brandywine Bay (7), Calico (6), Mandy Farms (4), Bridgewood Condo (3), The Bridges Condominium (3), Carriage Crossing (2).

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.