Morgan City, LA Home Values & Market Trends
Real estate market trends reflect that there have been 157 transactions over the past year in Morgan City. The median value for residential home transactions that occurred over the previous year is $76,700.03. The number of current listings in Morgan City is 10, and the percentage of properties for sale in the city is 10.00%. Morgan City, LA currently has 2 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 10 properties for sale.
Morgan City, LA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 70380 | $ 127,753 $ 77/sqft |
Housing Market Summary for Morgan City, LA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $184.5K | $113.4K | -38.56% |
| Median Sold Price | $108.1K | $113.4K | 4.87% |
| Homes For Sale | 18 | 10 | -44.44% |
| Homes Sold | 61 | 61 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Morgan City, LA
Browse Homes in Morgan City, LA
Morgan City home values range from $16,742 to $1,475,400. The median estimated value of a home in Morgan City is $76,700.03. The median list price of a home is 222,250, and the total count of properties in the city is 8,348.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Morgan City, LA with 70380 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Morgan City, LA; of that zips, the estimated home value for pre-foreclosure homes ranges from $54,499 in 70380 to the lowest home value of $54,499 in 70380.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Morgan City, LA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Morgan City, LA. There is 1 zips within Morgan City, LA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions70380 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Morgan City, LA. Auction homes and other auction properties account for 0.01% of all properties in Morgan City, LA. There is 1 zips within Morgan City, LA; of that zips, the median estimated home value for homes going to auction ranges from $149,339 in 70380 to the lowest value of $149,339 in 70380.
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Guide for Morgan City, LA
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