$2,789 Closing Credit*
$234,900
3,520 SqFt
4 Beds
•2 Full Baths, 1 Partial
Patricia R Blackburn, Listing Office: ProEdge Realty, LLC.
Is Morgan County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Morgan County has remained a Seller's Market.
Key Takeaway
Morgan County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Morgan County, OH
How much do homes in Morgan County, OH cost?
Median Sold Price
$154,600
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$17,900(-10.4%)
Key Takeaway
Homes in Morgan County have sold for 10.4% less than they did a year ago.
Summary: The median home sold price in Morgan County was $154,600 in October 2024, down 10.4% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $32.5K | $67.5K | +107.7% |
| 2 Bedrooms | $127K | $144.5K | +13.8% |
| 3 Bedrooms | $183K | $180.4K | -1.4% |
| 4 Bedrooms | $175K | $170K | -2.9% |
| 5+ Bedrooms | $235K | $262K | +11.5% |
Summary: Morgan County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 107.7%, 2 bedroom homes increased by 13.8%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Counties
| Noble County | $145K | $165K | +13.8% |
| Washington County | $184.8K | $203.7K | +10.2% |
| Perry County | $240K | $232.5K | -3.1% |
| Morgan County | $172.5K | $154.6K | -10.4% |
Housing Supply in Morgan County, OH
How many homes are available in Morgan County, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 31 | -16.2% |
Summary: The Morgan County real estate market had 31 homes for sale in October 2024, a 16.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
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 37.5%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Morgan County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Morgan County in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Morgan County, OH
How long does it take to sell a home in Morgan County, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 78 Days | +68.4% |
Summary: Homes in Morgan County had an average of 78 days on market in Oct 2024, up by 68.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Morgan County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Morgan County; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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