Morganton Rd / Monticello Dr median real estate price is $293,296, which is more expensive than 88.6% of the neighborhoods in North Carolina and 70.8% of the neighborhoods in the U.S.
The average rental price in Morganton Rd / Monticello Dr is currently $1,698, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.5% of the neighborhoods in North Carolina.
Morganton Rd / Monticello Dr is a suburban neighborhood (based on population density) located in Pinehurst, North Carolina.
Morganton Rd / Monticello Dr real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Morganton Rd / Monticello Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Morganton Rd / Monticello Dr. The current real estate vacancy rate here is 26.3%. This is higher than the rate of vacancies in 91.9% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (16.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.