Land and home values in Carteret County, North Carolina
Carteret County (small town, Morehead City, NC) covers 508 square miles and 33 census tracts. Residential land is about $14.80 per sq ft at the county median, from $6.04 in its most rural tracts to $47.90 in its most valuable. The typical home is worth about $436,000 and a 2-bedroom rents for about $1,290 a month, as of October 12, 2026.
Open on the satellite mapAll of North CarolinaCounty values
| Land: residential | $14.80 | per sq ft |
| Land: residential | $644,688 | per acre |
| Land: quarter-acre lot | $161,172 | 10,890 sq ft |
| Land: farmland | $2,640 | per acre |
| Home: typical (median) | $436,000 | value |
| Home: entry-level | $284,000 | lower quartile |
| Home: upper-end | $598,000 | upper quartile |
| Build new | $157 | per sq ft, no land |
| Rent: 1-bedroom | $980 | per month |
| Rent: 2-bedroom | $1,290 | per month |
| Rent: 3-bedroom | $1,660 | per month |
| Rent: 4-bedroom | $2,110 | per month |
| Gross yield, 2-bed | 3.6% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Small town | 21 | $28.00 | $487,000 | $1,320 |
| Rural | 8 | $9.56 | $293,000 | $1,200 |
| Farmland | 4 | $10.10 | $310,000 | $1,130 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Ocean Reef | Subdivision | $35.50 | $643,000 |
| Atlantic Beach | Town | $33.90 | $554,000 |
| Deer Horn Dunes | Subdivision | $33.20 | $534,000 |
| Indian Beach | Town | $33.00 | $594,000 |
| Sea Dunes | Subdivision | $32.70 | $532,000 |
| Pebble Beach | Subdivision | $32.70 | $532,000 |
| Ocean Oaks | Subdivision | $31.10 | $524,000 |
| Festiva's Peppertree Atlantic Beach | Gated community | $31.00 | $457,000 |
Questions people ask
How much is land worth in Carteret County, NC?
Residential land in Carteret County, NC is about $14.80 per square foot, or $644,688 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $161,172. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Carteret County, NC?
The typical (median) home in Carteret County, NC is worth about $436,000, with entry-level homes around $284,000 and upper-end homes around $598,000, as of October 2026.
How much is rent in Carteret County, NC?
A 2-bedroom rents for about $1,290 a month in Carteret County, NC, a 1-bedroom about $980 and a 3-bedroom about $1,660 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Carteret County, NC?
Farmland averages about $2,640 an acre in Carteret County, NC (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.