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Morganton

Why you'd want to live in Morganton

The fun picturesque town of Morganton is located in Burke County, about 63 miles east of downtown Asheville. Its location along I-40 makes it very convenient to stop for the visit in the foothills. Little known fact: This area is the oldest known European inland settlement in the United States, with Spanish explorers settling in the village of Joara in 1567! We love to explore the charming downtown, centered around the stately historic courthouse. For a small town, you'll be impressed with the number of artists, performing arts, shopping and events. The City of Morganton Municipal Auditorium (CoMMA) hosts plays, Broadway musicals, graduations, and other cultural and public events. Stop by to see their fresco anytime! Don't miss the interesting down-home History Museum that transports you through the rich history of this area. Bring a chair or blanket for the TGIF Summer Concert Series, a free outdoor event every Friday, May through July, on the Historic Courthouse Square. Food and beverage vendors open at 6 PM and music begins at 7 PM. via romanticasheville.com

Morganton Market Report

$266,847

AVERAGE PRICE OF 367 HOMES

$144,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,862,295

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$628,451

AVERAGE PRICE OF 23 NEWLY BUILT HOMES

$850,616

AVERAGE PRICE OF 6 HOMES WITH A POOL

$255,800

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $266,847
Avg Bedrooms 1.05 beds
Avg Bathrooms .85 bath

Average Price by Bedrooms

1 bedroom $231,950
2 bedrooms $194,747
3 bedrooms $355,767
4 bedrooms $737,692
5 bedrooms $1,452,360
Morganton Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 371 378 398 409 419
Average Price $249,477 $251,453 $253,074 $244,116 $233,064
Avg Price Change -0.79% -0.64% +3.67% +4.74% n/a
Median Price $81,529 $81,474 $85,093 $84,041 $89,650
Med Price Change +0.07% -4.44% +1.25% -6.67% n/a
Avg Bedrooms .98 bed 1 beds 1.07 beds 1.08 beds 1.09 beds
Avg Bathrooms .79 bath .82 bath .86 bath .85 bath .86 bath
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East Burke 4 $170,675 154 days
Freedom 196 $251,588 339 days
Jimmy C Draughn 25 $164,860 181 days
Patton 41 $185,780 154 days
Unspecified 74 $279,099 542 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 367 $266,847 344 days
Distressed Homes 1 $144,000 63 days
Multi-Million Dollar Homes 19 $1,862,295 247 days
Newly Built Homes 23 $628,451 77 days
Homes with a Pool 6 $850,616 93 days
Reduced Price Homes 6 $255,800 89 days

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Western Piedmont Real Estate
Tony Colella
205 Carbon City Rd
Morganton, NC 28655
828-301-4290

Based on information submitted to the MLS GRID as of 12/9/2022 7:52 AM CST. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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