Median Home Value
$654,900
Median Gross Rent
$1,492/mo
Homeownership Rate
88.8%
Rent as Share of Income
13.7%
Vacancy Rate
4.0%
Median Year Built
1997
Home Price Index (FHFA)
Home prices in Morgan County have risen 581% since 1986, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$1,208
1 Bedroom
$1,281
2 Bedroom
$1,614
3 Bedroom
$2,163
4 Bedroom
$2,612
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.