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Morgan County, AL home prices

Morgan County, AL: the typical home is worth $234,031 as of 2026-05, up +0.9% over the past year and n/a since 2000. Listings run about $151/sq ft. Rent…

Data as of · by the Real Estate Price Map data team · methodology & sources

Morgan County is flat and fairly valued — very affordable for what people here earn.

Momentum+0.9%Flat
Valuation-4%Fair value
Affordability9/10Very affordable
Market60 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1976: $36,117 → 2026: $234,031 (6.5×) pre-2000 estimated via FHFA index

Typical value$234,0312026-05
1-year+0.9%
5-year+22.1%
10-year+75.4%
Since 2000n/a
Population126k2024
Median income$70,3872023 · 3.3× income
Median rent$1,080/mo2026 · 5.5% gross yield
New homes/yr2292024
Price / sq ft$151listings
Days on market602026-06
Active listings4262026-06
Price cuts19%of listings

Market read

At $234,031, homes in Morgan County sit 28% above the Alabama median ($182,858) and 0% above the US median ($233,954). That ranks #13 of 67 Alabama counties by price.

Prices are holding steady (+0.9% in the last year) — a balanced market.

Homes here take a while to sell — a median 60 days on the market, with 19% of listings cutting their asking price.

At 3.3× local income, that's more affordable than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Rent and buy are close — ~$1,155/mo to buy (P&I, 20% down) vs $1,080/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Cullman County, AL ($258,586) · Limestone County, AL ($322,466) · Madison County, AL ($314,769) · Lawrence County, AL ($225,499) · Marshall County, AL ($243,829) · Winston County, AL ($207,362)

Frequently asked questions

What is the average home price in Morgan County, AL?
The typical home in Morgan County is worth $234,031 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Morgan County rising or falling?
Prices are up +0.9% over the past year and n/a since 2000 — a balanced market.
Is Morgan County affordable?
At 3.3× the local median income of $70,387, Morgan County is more affordable than the typical US county.
What is the rental yield in Morgan County?
Median rent is $1,080/mo — a gross rental yield of 5.5% on the typical home.
How fast do homes sell in Morgan County?
Homes here take a median of 60 days to sell, with 19% of listings cutting their asking price.
Median home value by year
YearMedian home value
2006$89,690
2007$95,370
2008$97,203
2009$95,320
2010$91,020
2011$87,300
2012$104,332
2013$127,656
2014$129,728
2015$131,053
2016$133,920
2017$138,762
2018$144,385
2019$156,544
2020$171,018
2021$199,276
2022$219,561
2023$224,037
2024$230,018
2025$231,695