Real Estate Price Maphome prices by county

Morgan County, IL home prices

Morgan County, IL: the typical home is worth $136,435 as of 2026-05, up +4.4% over the past year and n/a since 2000. Listings run about $90/sq ft. Rent…

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

Morgan County is cooling and undervalued — very affordable for what people here earn.

Momentum+4.4%Cooling
Valuation-44%Undervalued
Affordability10/10Very affordable
Market40 daysBalanced

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

1979: $64,739 → 2026: $136,435 (2.1×) pre-2000 estimated via FHFA index

Typical value$136,4352026-05
1-year+4.4%
5-year+19.3%
10-year+29.9%
Since 2000n/a
Population32k2024
Median income$64,2682023 · 2.1× income
New homes/yr82024
Price / sq ft$90listings
Days on market402026-06
Active listings392026-06
Price cuts17%of listings

Market read

At $136,435, homes in Morgan County sit 14% below the Illinois median ($158,388) and 42% below the US median ($233,954). That ranks #69 of 102 Illinois counties by price.

Prices are holding steady (+4.4% in the last year) — a balanced market.

Homes here move at a steady pace — a median 40 days on the market, with 17% of listings cutting their asking price.

At 2.1× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~44% cheap for local incomes and rents — a relative bargain.

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

Scott County, IL ($91,015) · Cass County, IL ($99,234) · Greene County, IL ($111,651) · Sangamon County, IL ($199,486) · Menard County, IL ($210,211) · Brown County, IL ($159,030)

Frequently asked questions

What is the average home price in Morgan County, IL?
The typical home in Morgan County is worth $136,435 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Morgan County rising or falling?
Prices are up +4.4% over the past year and n/a since 2000 — a balanced market.
Is Morgan County affordable?
At 2.1× the local median income of $64,268, Morgan County is more affordable than the typical US county.
How fast do homes sell in Morgan County?
Homes here take a median of 40 days to sell, with 17% of listings cutting their asking price.
Median home value by year
YearMedian home value
2005$105,155
2006$110,736
2007$112,600
2008$110,351
2009$106,041
2010$99,760
2011$96,044
2012$96,399
2013$90,221
2014$97,671
2015$98,527
2016$104,097
2017$103,250
2018$105,524
2019$104,686
2020$112,476
2021$114,356
2022$116,116
2023$117,709
2024$128,368
2025$131,652
2026$136,719