Construction Value
$7.4M ▼ 4.9%
Units Permitted
97 ▼ 11.8%
Avg Value / Unit
$76K
2024 · Census Bureau Building Permits Survey
Construction activity in Morganton slowed in 2024, down 11.8% from the prior year with 97 housing units permitted. At $76K per unit, new builds are 69% below the Burke County average of $246K, indicating more affordable construction. Volume is 169% above the county average of 36 units, suggesting faster-than-typical growth. 86.6% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
A mix of single-family and multi-unit development.
Construction Intensityi
$422
per resident
County avg: $15K-97%
$384K
per square mile
Morganton vs. Burke County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 13 | 13 | $2.0M | 27% |
| ■ Duplex | 6 | 3 | $1.1M | 15% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 78 | 14 | $4.3M | 59% |
County Ranking by Construction Volume
Among 1 permit-issuing towns in Burke County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →