Housing Prices in Morgan County, KY
How much do homes in Morgan County, KY cost?
Median List Price
$198,900
$169/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Morgan County has increased by 5.2% since last year.
Summary: The median home list price in Morgan County was $198,900 in April 2024, up 5.2% from the previous year, and the median price per square foot was $169.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $107.5K | $109.7K | +2.1% |
| 3 Bedrooms | $187K | $198.9K | +6.4% |
| 4 Bedrooms | $283K | $289.9K | +2.4% |
| 5+ Bedrooms | $284.5K | $220K | -22.7% |
Summary: Morgan County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 22.7%.
Median List Price Compared To Nearby Counties
| Wolfe County | $224.9K | $354.5K | +57.6% |
| Magoffin County | $150K | $172.5K | +15.0% |
| Morgan County | $189K | $198.9K | +5.2% |
| Rowan County | $209K | $219.6K | +5.1% |
Housing Supply in Morgan County, KY
How many homes are available in Morgan County, KY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Morgan County real estate market had 11 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 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 increased by 200%, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Morgan County, KY
How long does it take to sell a home in Morgan County, KY?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 129 Days | 107 Days | -17.3% |
Summary: Homes in Morgan County had an average listing age of 107 days in Apr 2024, down by 17.3% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.