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Home values, rents and more in Morganton, NC

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$258,000
Metro: $267,000 · U.S.: $366,000
Home values, past year
+1.1%
Metro: +1.7% · U.S.: +1.2%
Typical rent
$1,436/mo
Metro: $1,595 · U.S.: $1,932
Population
17,646
ACS 2020–24
Median household income
$51,355
Metro: $62,787 · U.S.: $80,734
ZIP codes around Morganton, NC, shaded by typical home valueMorganton28655
  • Under $230k
  • $230k–$250k
  • $250k–$300k
  • $300k+
  • No data
ZIP codes around Morganton, NC, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Morganton is outlined.

How Morganton compares

The typical home in Morganton, NC is worth about $258,000, according to the Zillow Home Value Index for September 2026. Home values in Morganton are 3% below the typical value in the Hickory metro area ($267,000) and 29% below the U.S. typical value ($366,000).

Over the past year, home values in Morganton rose 1.1%, compared with +1.7% in the Hickory metro area and +1.2% nationally.

Typical rent is $1,436 a month (Zillow Observed Rent Index), 10% below the Hickory metro area ($1,595) and 26% below the U.S. ($1,932).

The median household income is $51,355, against $62,787 in the Hickory metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 17,646 people live in Morganton (American Community Survey 2020–24).

Morganton has the 11th-highest typical home value of the 22 cities in the Hickory metro area and the 242nd-lowest of 541 in North Carolina with Zillow figures.

Part of: Burke County, NC · Hickory metro area · North Carolina

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  • 5- and 10-year price changes
  • Days on market and months of supply
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  • Crime rates
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  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
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Nearby cities

ZIP codes in Morganton, NC

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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