Is Morgan County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Morgan County has remained a Seller's Market.
Housing Prices in Morgan County, OH
How much do homes in Morgan County, OH cost?
Median Sold Price
$153,250
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Morgan County was $153,250 in April 2024, down 7.8% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $59K | $40K | -32.2% |
2 Bedrooms | $120K | $127K | +5.8% |
3 Bedrooms | $180K | $169K | -6.1% |
4 Bedrooms | $184.2K | $173.5K | -5.8% |
5+ Bedrooms | $255.5K | $235K | -8.0% |
Summary: Morgan County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.2%, 2 bedroom homes increased by 5.8%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Counties
Washington County | $170K | $194K | +14.2% |
Perry County | $215.9K | $232.5K | +7.7% |
Morgan County | $166.2K | $153.2K | -7.8% |
Housing Supply in Morgan County, OH
How many homes are available in Morgan County, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 49 | +4.3% |
Summary: The Morgan County real estate market had 49 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 23 | 22 | -4.3% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Morgan County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 15 | +400.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Morgan County in April 2024, up by 400.0% month-over-month. Of the 15 sold homes, 67% were sold under asking, 20% were sold at asking, and 13% were sold over asking.
Days on Market for Morgan County, OH
How long does it take to sell a home in Morgan County, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 73 Days | -0.3% |
Summary: Homes in Morgan County had an average of 73 days on market in Apr 2024, down by 0.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Morgan County; 33% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.