$521,466Average Value$294Average Price per Sq Ft91Homes For Sale
Once a bustling port city, now a popular vacation spot
In the mid-1800s, North Carolina Gov. John Motley Morehead implemented a plan to create a port city for the state. In February 1861, Morehead City was incorporated. What started as agricultural land in the 1700s grew into a major exchange hub. Morehead City had steady population and economic growth until many residents fled during the Civil War. In the years following the war, the county became a popular vacation spot known as the Crystal Coast. But for the nearly 10,000 people who now live here permanently, the city offers a variety of homes, a highly rated school district and plenty of outdoor recreation. While locals have to travel a few miles south to get to the beaches, Morehead City offers lower-priced homes compared to nearby coastal communities. “You're still close to the beach, but you have lower taxes than you would in Atlantic Beach,” says Kathy Myers, a Realtor with RE/MAX Homestead Swansboro, who’s been selling homes in the area for over a decade.
Today, tourism is Carteret County’s main source of revenue. Retail, health care and food services make up the top industries in the area. Other major employers in Morehead City include the North Carolina Port, the U.S. Coast Guard station at Fort Macon and Marine Corps Air Station Cherry Point, which is 15 miles north.
Brandywine Bay is divided by North Carolina Highway 24, resulting in two sections.
You can head to Atlantic Beach to enjoy a day of sun and waves.
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Variety of home styles, townhouses and condos
Homebuyers can find early- to mid-1900s Craftsman and cottage-style homes, ranch-style houses and colonials from the late-1900s and contemporary homes that are still frequently being built. “There’s a lot of new construction because we’re so close to the military bases,” says Myers. Single-family homes sell for a median price of $475,000, just below the national average and above the state average. The city also offers one- to five-bedroom townhouses and condos that go for a median price of around $375,000.
Townhomes are a popular option in the Brandywine Bay neighborhood.
Many of the homes on the Sound Side enjoy beautiful views of Bogue Sound.
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Highly rated Carteret County schools, Carteret Community College
Students are served by Carteret County Public Schools, which earns an A-minus from Niche and is ranked in the top 15 districts in the state. Around 8,000 students attend nine elementary schools, five middle schools and four high schools. Carteret Community College’s campus is also in the city with over a dozen undergraduate programs.
The Morehead City Primary School has just over 545 students.
The Morehead City Middle School has a student-teacher ratio of 14 to 1.
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Miles of sandy beaches, Fort Macon State Park
Bogue Sound separates Morehead City from the beach, but the sandy coast is just 2 miles south across Atlantic Beach Bridge. Also just to the south, Fort Macon State Park’s more than 400 acres include sandy trails, fishing inlets and a preserved fort to explore. Back in the city, there are several marinas to dock boats for easy access to nearby waterways. And Shevans Park has a large playground, tennis courts and a picnic area.
The Atlantic Beach is only a 10 minute drive from Brandywine Bay.
The surrounding community of Brandywine Bay is rooted in the commercial fishing industry.
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Shopping centers along Interstate 42
Most shopping and dining are concentrated along Interstate 42. In the city's west end, there’s several big-box stores, grocery markets, and chain retailers. The Friendly Market has local products and prepped meals. Local restaurants can also be found throughout the city, with popular options serving seafood and American favorites. “El’s Drive-In, which has been in business for what seems like a million years, was just renovated,” says Myers.
You can find fun and beautiful local art and wares at Parsons General Store.
Brandywine Bay is only a mile away from many of the big box stores.
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Annual events on the Crystal Coast
Events are held throughout the year on the Crystal Coast. In February, the Carolina Chocolate Festival is held at the Crystal Coast Civic Center in Morehead City. The Emerald Isle St. Patrick's Festival, which has been running for over 25 years, features local vendors, food trucks and amusement rides. And in November, the Beaufort Pirate Invasion, which started in 1960, sees the nearby town invaded with reenactors commemorating a battle with Spanish privateers in 1747.
Flooding concerns, discounted insurance premiums
With its coastal location, flooding is a big concern for the city during hurricanes and storm surges. As of June 2024, Morehead City gets a class five rating from the National Flood Insurance Program’s Community Rating System, making residents eligible for a 25% discount on flood insurance premiums.
Commuting on Interstate 42
Commuters can take Interstate 42, also considered U.S. Route 70, to get in and out of Morehead City. Carteret Health Care is in the city's center, and Coastal Carolina Regional Airport is 30 miles north.
Written By
Logan Soter-Reardon
Photography Contributed By
Ryan Gwilliam
Video By
Ellie Brown
Interested in learning more about homes in this area?
Reach out to
Ashley Denny,
an experienced agent in this area.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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On average, homes in Morehead City, NC sell after 58 days on the market compared to the national average of 50 days. The median sale price for homes in Morehead City, NC over the last 12 months is $425,000, up 8% from the median home sale price over the previous 12 months.
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