Investor-grade market analytics for Morehead City, North Carolina. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$478,295
+2.6% year-over-year
4.6%
gross annual
Migration: Top 23% nationally
In-migrants avg $87,131 AGI vs out-migrants $59,609
Opportunity Zone Market
3 ZIP codes in Morehead City are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Morehead City, NC shows steady growth at 2.6% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability pressure is significant: the price-to-income ratio of 6.81x well exceeds the national average of 4.8x. Modest net positive migration (+175 returns/year) provides steady demand support. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 4.62% is moderate, offering acceptable cash flow for leveraged investments.
Morehead City, NC's primary climate exposure is hurricanes (90/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.