$3,907 Closing Credit*
$329,000
4 Beds
•3 Full Baths
Listing Office: Paragon Realty Partners
Housing Prices in Morgan County, KY
How much do homes in Morgan County, KY cost?
Median List Price
$165,000
-
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$24,000(-12.7%)
Key Takeaway
The list price of homes in Morgan County has decreased by 12.7% since last year.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $94.4K | N/A |
| 2 Bedrooms | $109.9K | $146.7K | +33.5% |
| 3 Bedrooms | $189K | $165K | -12.7% |
| 4 Bedrooms | $289.9K | $198.5K | -31.5% |
| 5+ Bedrooms | $220K | $275K | +25.0% |
Summary: Morgan County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.5%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 31.5%, and 5+ bedroom homes increased by 25%.
Median List Price Compared To Nearby Counties
| Magoffin County | $160.2K | $265K | +65.4% |
| Wolfe County | $249K | $315K | +26.5% |
| Rowan County | $218.9K | $210K | -4.1% |
| Morgan County | $189K | $165K | -12.7% |
Housing Supply in Morgan County, KY
How many homes are available in Morgan County, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 20 | -16.7% |
Summary: The Morgan County real estate market had 20 homes for sale in October 2024, a 16.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Morgan County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 50%, 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 140 Days | 117 Days | -15.7% |
Summary: Homes in Morgan County had an average listing age of 117 days in Oct 2024, down by 15.7% 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.