Is Morgan County, IN a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Morgan County is a seller's market


Difference Since April 2022

Since last year, Morgan County has remained a Seller's Market.

Key Takeaway

Morgan County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Morgan County, IN cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since April 2022


Key Takeaway

Homes in Morgan County have sold for 11% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $79.9K$105.7K
2 $162.7K$175K
3 $230K$250K
4 $287.5K$320K
5+ $352K$410K

Median Sold Price Compared To Nearby Counties

Hendricks County
Morgan County
Johnson County
Putnam County

How many homes are available in Morgan County, IN?

Number of Homes For Sale

Mar 2023Apr 2023%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 20
2 3730
3 175135
4 7278
5+ 2725

Number of Homes Sold

Mar 2023Apr 2023%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Morgan County, you may be able to get a good deal. 43.1% of homes here sold below asking price last month.

Average Sale Time

Apr 2022Apr 2023%
15 Days27 Days+74.6%

Breakdown of Home Sale Times

50 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Morgan County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Morgan County, IN

Number of homes for sale in Morgan County, IN real estate market have reached 268. The number of listings in Morgan County, IN decreased by 14.4% between March 2023 and April 2023. The median list price of listings available in April 2023 was $263,842, while the average time on the real estate market was 27 days. Between March 2023 and April 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 32.4%, prices of 2 bedrooms properties increased by 7.5%, prices of 3 bedrooms properties increased by 8.7%, 4 bedrooms properties became 11.3% more expensive, 5 bedrooms properties became 16.5% more expensive. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went down by 100%, number of 2 bedrooms homes decreased by 18.9%, number of 3 bedrooms homes decreased by 22.9%, 4 bedrooms homes became 8.3% more available, volume of 5 bedrooms homes went down by 7.4%. In April 2023, from all listings sold in Morgan County, IN there were more than 18 sold above asking price, over 31 sold below and more than 23 were sold right at the asked price.

Related Housing Market Reports