Morganton, NC Real Estate

According to census data in the year 2000 there were 7,277 housing units in Morganton. This represents a 11% growth from 6,558 in 1990.

Of those housing units, 7,170 were located in either urbanized areas or urban clusters, and 107 were located in what is classified as a rural area.

Homeownership rate in Morganton is about 56.8%. Morganton's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Morganton were built after 1967.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom12.40%
Two Bedrooms37.90%
Three Bedrooms35.70%
Four Bedrooms9.90%
Five Bedrooms or more2.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1961
Median Value of occupied units$92,300
Median Price asked for vacant units$151,600

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1974
Median Monthly Rent asked for vacant units$273

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.60%
Home Equity Loan11.80%
Simple Mortgage36.60%
Debt Free45%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%