Morganton home values have eased compared to last year, with the typical home value down about 14.84 percent. Homes here are now valued a bit below Burke County overall, where the typical value is $279,000. Even at the county level, prices have slipped, with Burke County values down 8.52 percent year over year.
In February 2026, Morganton’s typical home value was about $272,500, while the median list price sat higher at $299,900. Inventory stood at 50 homes, which is 15.25 percent lower than a year ago and supports a neutral market, reflected in a balanced gauge score of 50.
Homes are taking time to sell, with a median of 104 days on market, even after a 39.88 percent drop versus last year and a sharp 60 percent jump from the prior month. About 30 percent of sales closed above list price, while 26 percent of sellers reduced their asking price, showing mixed negotiation power on both sides. New listings held steady year over year at 12, and pending sales fell 54.55 percent, signaling more cautious buyer activity. Looking ahead to March 2026, projections point to a typical home value near $227,000, a median list price around $325,850, and inventory edging down to 47 homes. In this environment, both buyers and sellers can benefit from Agent Pronto helping them connect with the right local real estate agent.
