SIALIMStatistical Intelligence for America's Local Investment Markets

28557Morehead City, NC Home Values

Typical home value $421,025 as of June 2026 · 4th of 15 in Morehead City, NC

Typical value — June 2026
$421,025
observed, not a forecast
Past 12 months
+1.1%
trailing year-over-year change
Past 5 years
+33.0%
June 2021 to June 2026
Rank in metro
4th
of 15 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 28557, June 2021 to June 2026. This page shows observed data only; no forecast.

How 28557 compares in the Morehead City, NC area

ZIP code 28557 (Morehead City, NC) has a typical home value of $421,025 as of June 2026, ranking 4th of 15 ZIP codes tracked in the Morehead City, NC area, more expensive than about 80% of ZIP codes in the metro. Prices here have moved +1.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +33.0%, from $316,619 in June 2021 to $421,025 in June 2026. Against observed rent, the typical home here sells for 21.4× the annual rent ($1,638/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Morehead City, NC forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Morehead City.

Population and demographics

ZIP code 28557 has a population of 15,355, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 84.2% White, 4.9% Hispanic or Latino, 4.8% Black or African American, 3.6% two or more races, 2.1% Asian, and 0.2% another race.

Nearby public schools

SchoolAddressDistance
Morehead City Middle400 Barbour Road, Morehead City, NC0.6 mi
Morehead Elem at Camp Glenn3316 Arendell Street, Morehead City, NC0.9 mi
Marine Sci. and Tech. Early College HS3505 Arendell St, Morehead City, NC1 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 28557?

$421,025 as of June 2026, the latest month Zillow has published observed data for.

Is 28557 an expensive ZIP code in the Morehead City, NC area?

28557 ranks 4th of 15 ZIP codes in the Morehead City, NC area by typical home value, more expensive than about 80% of ZIP codes in the metro.

How much have home values in 28557 changed over the past year?

+1.1% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 28557?

The typical home price is 21.4× the observed annual rent in this ZIP code ($1,638/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 28557?

15,355, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 28557?

Morehead City Middle (0.6 mi), Morehead Elem at Camp Glenn (0.9 mi), Marine Sci. and Tech. Early College HS (1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 28557?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Morehead City, NC forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.