Year-over-year shifts in Morganton’s rolling three-month numbers point to a cooling price environment but a busier listing scene. Typical home values are down almost 6 percent from a year ago, while the median list price has edged up a bit, indicating sellers are still aiming higher. At the same time, active listings have surged by roughly 47 percent and new listings are up nearly 78 percent, giving buyers more options than last year.
In the latest rolling period ending July 2026, supply has expanded meaningfully. Months of supply is at 7.3, a sharp rise from a year ago, which leans toward more negotiating room for buyers even though the area is still labeled a seller’s market. Homes are spending a median of 61 days on the market, and that’s actually about 42 percent faster than a year earlier.
Sales activity looks softer, with homes sold down about 10 percent year over year, yet demand is still evident in the contract pipeline. Pending sales have climbed more than 50 percent over the same period, and about 22 percent of homes are now closing above list price, with an average sale-to-list ratio near 97 percent. With more inventory but solid buyer interest, both buyers and sellers in Morganton can benefit from Agent Pronto’s help in finding an agent who understands these shifting conditions.
