Morgan County, AL Home Values & Market Trends

The median home price in Morgan County, AL is $223,236.58. There were 1,756 home sales in Morgan County, AL over the past 12 months. The median residential Morgan County, AL home value for transactions over the previous year is $185,000. The number of current listings in Morgan County, AL is 166, and the percentage of properties for sale is 166.00%. The county has 28 foreclosures, 9 bank owned properties, 19 headed for auction, and 166 properties for sale.

Morgan County, AL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Decatur

$ 299,900

$ 139/sqft

Laceys Spring

$ 505,000

$ 161/sqft

Hartselle

$ 279,000

$ 149/sqft

Falkville

$ 151,042

$ 102/sqft

Trinity

$ 314,181

$ 145/sqft

Eva

$ 478,726

$ 262/sqft

Somerville

$ 320,000

$ 159/sqft

Valhermoso Springs

$ --

$ --

Danville

$ 494,855

$ 164/sqft

Housing Market Summary for Morgan County, AL

Apr 2023March 2024Change
Median Listing Price$342K$205.3K-39.97%
Median Sold Price$207.1K$205.3K-0.88%
Homes For Sale26169550.00%
Homes Sold885826-6.67%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Morgan County, AL

Morgan County, AL home values range from $19,430 to $9,704,012. Eva is the priciest city with a median listing home price of $599,000, and Falkville is most affordable with average house prices of around $145,378.5.

Foreclosure
There are 9 cities within Morgan County, AL; within these cities, the median estimated home value for homes in foreclosure ranges from $384,816 in Decatur to the lowest value of $49,239 in Decatur. Foreclosure homes account for 0.00% of properties in Morgan County, AL with Decatur containing 12 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Morgan County, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Morgan County, AL; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Morgan County, AL ranges from the highest value of $242,140 in Somerville to the lowest value of $85,780 in Decatur. Bank owned homes and properties account for 0.02% of properties in Morgan County, AL. There are 9 cities within Morgan County, AL; Hartselle containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Decatur has 10 auction properties, the highest number of properties going to auction in a single city in the state of Morgan County, AL. Auction homes and other auction properties account for 0.05% of all properties in Morgan County, AL. There are 9 cities within Morgan County, AL; of those cities, the median estimated home value for homes going to auction ranges from $269,398 in Somerville to the lowest value of $49,239 in Somerville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.40% of residential properties in Morgan County, AL with Decatur containing 109 homes for sale, the highest number of listed properties in a single city. There are 9 cities within Morgan County, AL; homes for sale in those cities, have a range of median values from $478,726 in Eva to the lowest value of $71,757 in Falkville.
    Sold Homes
    The median value for recently sold homes ranges from $380,510 in Valhermoso Springs to the lowest price of $25,860 in Valhermoso Springs. There are 9 cities within Morgan County, AL. Decatur has 501 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.09% of properties in Morgan County, AL.

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      Guide for Morgan County, AL

      Market Reports
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      See More Articles
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Recently Listed Homes Morgan County, AL

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