Housing Prices in Morgan Township, NC
How much do homes in Morgan Township, NC cost?
Median List Price
$350,000
$244/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Morgan Township has increased by 6.4% since last year.
Summary: The median home list price in Morgan Township was $350,000 in May 2024, up 6.4% from the previous year, and the median price per square foot was $244.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $329K | +46.2% |
| 2 Bedrooms | $339.5K | $349.9K | +3.1% |
| 3 Bedrooms | $274.9K | $497K | +80.8% |
| 4 Bedrooms | $595K | $399.9K | -32.8% |
| 5+ Bedrooms | - | $350K | N/A |
Summary: Morgan Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.2%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 80.8%, 4 bedroom homes decreased by 32.8%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Chimney Rock Township | $472.5K | $565K | +19.6% |
| Morgan Township | $329K | $350K | +6.4% |
| Montford Cove Township | $275K | $292.2K | +6.3% |
| Union Mills | $340K | $349.9K | +2.9% |
| Gilkey Township | $335K | $325K | -3.0% |
Housing Supply in Morgan Township, NC
How many homes are available in Morgan Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The Morgan Township real estate market had 15 homes for sale in May 2024, a 36.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Morgan Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Morgan Township, NC
How long does it take to sell a home in Morgan Township, NC?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 68 Days | 63 Days | -7.6% |
Summary: Homes in Morgan Township had an average listing age of 63 days in May 2024, down by 7.6% compared to the previous year.
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