Morehead City, NC Metro Area - Investment Guide
Metro Area • 7 Cities • 9 ZIP Codes
Avg Home Value
$390,320
Avg Monthly Rent
$1,386
Avg Cap Rate
2.93%
Avg Investability
3.0 ★
Cities
7
ZIP Codes
9
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
7.28%
as of Oct 1
Source: Freddie Mac PMMS
☀️
WARM MARKET
Morehead City, NC Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
6.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of September 19, 2026 — updated weekly
Best ZIP codes in Morehead City, NC
Every ZIP in the metro, ranked four ways. Free.
Cities in Morehead City, NC
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 28570 | Newport | NC | $351,932 | $27,865 | 61.76% | |
| 28570 | Newport | NC | $349,992 | $27,865 | 62.10% | |
| 28570 | Newport | NC | $349,316 | $1,799 | 4.02% | |
| 28516 | Beaufort | NC | $415,642 | $990 | 1.86% | |
| 28528 | Beaufort | NC | $349,895 | $990 | 2.21% | |
| 28579 | Marshallberg | NC | $296,940 | $990 | 2.60% | |
| 28531 | Harkers Island | NC | $395,669 | $1,071 | 2.11% | |
| 28581 | Stacy | NC | $254,070 | $1,062 | 3.26% | |
| 28594 | Emerald Isle | NC | $770,603 | $1,700 | 1.72% | |
| 28557 | Morehead City | NC | $405,438 | $1,675 | 3.22% | |
| 28570 | Newport | NC | $342,578 | $1,676 | 3.82% | |
| 28511 | Atlantic | NC | $233,598 | $1,080 | 3.61% | |
| 28516 | Beaufort | NC | $429,315 | $2,098 | 3.81% | |
| 28579 | Marshallberg | NC | $283,052 | $990 | 2.73% | |
| 28528 | Beaufort | NC | $361,703 | $990 | 2.13% | |
| 28581 | Stacy | NC | $243,963 | $1,062 | 3.40% | |
| 28531 | Harkers Island | NC | $419,764 | $1,071 | 1.99% | |
| 28594 | Emerald Isle | NC | $735,175 | $1,700 | 1.80% | |
| 28511 | Atlantic | NC | $229,326 | $1,080 | 3.67% | |
| 28557 | Morehead City | NC | $421,025 | $1,638 | 3.03% | |
| 28570 | Newport | NC | $351,907 | $1,888 | 4.18% | |
| 28516 | Beaufort | NC | $417,197 | $990 | 1.85% | |
| 28528 | Beaufort | NC | $350,362 | $990 | 2.20% | |
| 28579 | Marshallberg | NC | $292,736 | $990 | 2.64% | |
| 28531 | Harkers Island | NC | $395,242 | $1,071 | 2.11% | |
| 28581 | Stacy | NC | $253,492 | $1,062 | 3.27% | |
| 28594 | Emerald Isle | NC | $763,997 | $1,700 | 1.74% | |
| 28557 | Morehead City | NC | $407,378 | $1,774 | 3.40% | |
| 28570 | Newport | NC | $340,300 | $1,749 | 4.01% | |
| 28511 | Atlantic | NC | $230,706 | $1,080 | 3.65% | |
| 28579 | Marshallberg | NC | $274,509 | $990 | 2.81% | |
| 28516 | Beaufort | NC | $429,049 | $2,098 | 3.81% | |
| 28528 | Beaufort | NC | $361,029 | $990 | 2.14% | |
| 28581 | Stacy | NC | $242,367 | $1,062 | 3.42% | |
| 28531 | Harkers Island | NC | $415,643 | $1,071 | 2.01% | |
| 28594 | Emerald Isle | NC | $736,178 | $1,700 | 1.80% | |
| 28511 | Atlantic | NC | $229,326 | $1,080 | 3.67% | |
| 28557 | Morehead City | NC | $418,516 | $1,623 | 3.02% | |
| 28516 | Beaufort | NC | $417,197 | $990 | 1.85% | |
| 28528 | Beaufort | NC | $350,362 | $990 | 2.20% | |
| 28579 | Marshallberg | NC | $295,325 | $990 | 2.61% | |
| 28531 | Harkers Island | NC | $395,242 | $1,071 | 2.11% | |
| 28581 | Stacy | NC | $258,142 | $1,062 | 3.21% | |
| 28594 | Emerald Isle | NC | $762,635 | $1,700 | 1.74% | |
| 28557 | Morehead City | NC | $407,378 | $1,774 | 3.40% | |
| 28511 | Atlantic | NC | $231,313 | $1,080 | 3.64% | |
| 28570 | Newport | NC | $340,300 | $1,749 | 4.01% | |
| 28579 | Marshallberg | NC | $274,509 | $990 | 2.81% | |
| 28516 | Beaufort | NC | $424,667 | $2,333 | 4.29% | |
| 28528 | Beaufort | NC | $357,910 | $990 | 2.16% |
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About Morehead City, NC Real Estate Market
The Morehead City, NC metropolitan statistical area (MSA) encompasses 7 cities and 9 ZIP codes. The average home value across the metro is $390,320, with an average monthly rent of $1,386. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.