Morgan County, KY home prices
Morgan County, KY: the typical home is worth $138,108 as of 2026-05, down -8.0% over the past year and n/a since 2000. Listings run about $152/sq ft…
Morgan County is falling and undervalued — very affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2000: $75,262 → 2026: $138,108 (1.8×)
Market read
At $138,108, homes in Morgan County sit 24% below the Kentucky median ($181,510) and 41% below the US median ($233,954). That ranks #98 of 120 Kentucky counties by price.
Prices are cooling (-8.0% in the last year) — leaning buyer's market.
Homes here move at a steady pace — a median 54 days on the market, with 13% of listings cutting their asking price.
At 3.1× 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 ~18% 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 →
Nearby counties
Elliott County, KY ($163,293) · Wolfe County, KY ($228,422) · Menifee County, KY ($144,908) · Magoffin County, KY ($147,942) · Rowan County, KY ($188,384) · Johnson County, KY ($138,082)
Frequently asked questions
What is the average home price in Morgan County, KY?
Are home prices in Morgan County rising or falling?
Is Morgan County affordable?
How fast do homes sell in Morgan County?
| Year | Median home value |
|---|---|
| 2016 | $75,262 |
| 2017 | $77,084 |
| 2018 | $85,546 |
| 2019 | $88,531 |
| 2020 | $91,307 |
| 2021 | $112,136 |
| 2022 | $123,593 |
| 2023 | $143,884 |
| 2024 | $143,404 |
| 2025 | $143,439 |
| 2026 | $141,451 |