Morgan County, AL Housing

The housing market in Morgan, AL County is performing extremely well compared to the rest of the United States. The median value of a house in Morgan is $197,200 with US median value being at $338,100. Not only that, but the one year appreciation rate for houses in Morgan was an impressive 14.38%. This is significantly higher than the national one year house appreciation rate of 8.27%, making Morgan an ideal area for those looking to invest or live in a great housing market.

The median home cost in Morgan County is $197,200. Home appreciation the last 10 years has been 75.1%. Home Appreciation in Morgan County is up 20.0%.

Average Age of Homes

- The median age of Morgan County real estate is 36 years old

The Rental Market in Morgan County

- Renters make up 25.8% of the Morgan County population
- 1.4% of houses and apartments in Morgan County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Morgan, Alabama	United States
	53,086.0	139,647,020.0
	38	42
	$197,200	$338,100
	20.0%	16.6%
	62.8%	57.0%
	75.1%	101.1%
	$3.84	$10.98
	$585	$2,690
	64.4%	57.4%
	10.6%	11.2%
	25.0%	31.4%
Vacant Housing
	1.4%	1.9%
	0.2%	0.4%
	0.5%	0.7%
	0.7%	0.4%
	0.5%	3.6%
	7.3%	4.1%
Value of Owner-Occupied Housing
	4.7%	2.6%
	1.9%	2.4%
	5.2%	2.8%
	8.4%	3.9%
	9.4%	4.5%
	19.4%	11.3%
	19.4%	13.0%
	17.2%	20.1%
	8.3%	13.6%
	3.3%	8.3%
	2.1%	9.7%
	0.7%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	13.4%	13.6%
	13.4%	13.6%
	17.2%	13.6%
	16.8%	13.2%
	16.7%	14.8%
	17.2%	13.6%
	8.0%	10.0%
	2.7%	4.7%
	3.9%	12.2%

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