Morgan County, KY Housing

The housing in Morgan, KY County is quite affordable compared to the national average. The median value of a house in Morgan, KY County is $111,700, which is significantly lower than the national median value of $338,100. Not only is the cost of living lower, but the appreciation rate of homes in Morgan, KY County over the past year has been 9.05%, slightly higher than the national average of 8.27%. With such an affordable housing market and positive growth rate, it's no surprise that many people are moving to this region for their home buying needs.

The median home cost in Morgan County is $111,700. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Morgan County is up 16.7%.

Average Age of Homes

- The median age of Morgan County real estate is 32 years old

The Rental Market in Morgan County

- Renters make up 22.1% of the Morgan County population
- 1.9% 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, Kentucky	United States
	5,637.0	139,647,020.0
	36	42
	$111,700	$338,100
	16.7%	16.6%
	49.8%	57.0%
	64.4%	101.1%
	$8.65	$10.98
	$660	$2,690
	63.7%	57.4%
	20.8%	11.2%
	15.5%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	4.7%	0.4%
	7.8%	3.6%
	5.8%	4.1%
Value of Owner-Occupied Housing
	10.7%	2.6%
	10.3%	2.4%
	15.7%	2.8%
	15.5%	3.9%
	7.1%	4.5%
	14.3%	11.3%
	9.7%	13.0%
	9.8%	20.1%
	3.9%	13.6%
	0.8%	8.3%
	0.9%	9.7%
	0.0%	3.9%
	1.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.9%	13.6%
	12.9%	13.6%
	19.8%	13.6%
	18.8%	13.2%
	19.3%	14.8%
	19.8%	13.6%
	6.9%	10.0%
	1.8%	4.7%
	7.6%	12.2%

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