Median home value: $250K (+0.0% YoY). Rent: $1,162/mo. Price-to-rent: 17.9x. Part of Hickory-Lenoir-Morganton, NC.
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Basic Zillow data only. For stress scores, AI analysis, and trends, Hickory-Lenoir-Morganton, NC metro page.
Home Value$249,920
+0.0%
Rent$1,162/mo
AFFORDABILITYRenting $362/mo cheaper ($1,162 rent)6.00% 30yr, 20% down, county tax + NC ins. 28% per HUD.
Enter your income for Morganton.
$49,984 on $249,920
Affordable — 24.4% of income
Under the 28% guideline.
PITI$1,524
P/I24.4%
Afford$287K
Room+$37K
P&I $1,199Tax $175Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing