Housing Prices in Morgan County, TN

How much do homes in Morgan County, TN cost?

Median List Price

$275,000

$184/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$38,000(+16.0%)

Key Takeaway

The list price of homes in Morgan County has increased by 16% since last year.

Summary: The median home list price in Morgan County was $275,000 in November 2024, up 16% from the previous year, and the median price per square foot was $184.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $185K$240K
+29.7%
2 $160K$182.4K
+14.0%
3 $238K$289.9K
+21.8%
4 $319K$309.4K
-3.0%
5+ $474.4K$599.9K
+26.4%

Summary: Morgan County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.7%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 21.8%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 26.4%.

Median List Price Compared To Nearby Counties

Scott County
+28.2%
Fentress County
+17.1%
Morgan County
+16.0%
Roane County
+12.1%
Cumberland County
+7.7%

Housing Supply in Morgan County, TN

How many homes are available in Morgan County, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3948+23.1%

Summary: The Morgan County real estate market had 48 homes for sale in November 2024, a 23.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 67
+16.7%
3 2023
+15.0%
4 711
+57.1%
5+ 45
+25.0%

Summary: The Morgan County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 25%.

Days on Market for Morgan County, TN

How long does it take to sell a home in Morgan County, TN?

Average Listing Age

Nov 2023Nov 2024CHANGE
139 Days83 Days-40.6%

Summary: Homes in Morgan County had an average listing age of 83 days in Nov 2024, down by 40.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Morgan County, TN

Nearby Markets to Morgan County, TN

What housing markets are near Morgan County, TN?