Morgan County, IN Home Values & Market Trends
The median home price in Morgan County, IN is $279,739.11. There were 1,624 home sales in Morgan County, IN over the past 12 months. The median residential Morgan County, IN home value for transactions over the previous year is $205,000. The number of current listings in Morgan County, IN is 25, and the percentage of properties for sale is 25.00%. The county has 92 foreclosures, 9 bank owned properties, 28 headed for auction, and 25 properties for sale.
Morgan County, IN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Martinsville | $ 303,125 $ 147/sqft | Monrovia | $ 433,111 $ 159/sqft |
| Mooresville | $ 473,355 $ 179/sqft | Paragon | $ -- $ -- |
| Morgantown | $ 451,134 $ 169/sqft | Eminence | $ -- $ -- |
| Camby | $ 310,000 $ 134/sqft | Brooklyn | $ -- $ -- |
Housing Market Summary for Morgan County, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $344.9K | $265.6K | -22.99% |
| Median Sold Price | $248K | $265.6K | 7.12% |
| Homes For Sale | 52 | 29 | -44.23% |
| Homes Sold | 585 | 564 | -3.59% |
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 County, IN
Browse Homes in Morgan County, IN
Morgan County, IN home values range from $21,420 to $16,973,328. Monrovia is the priciest city with a median listing home price of $560,000, and Paragon is most affordable with average house prices of around $269,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.22% of all residential properties in Morgan County, IN with Martinsville containing 27 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Morgan County, IN; of those cities, the estimated home value for pre-foreclosure homes ranges from $587,417 in Camby to the lowest home value of $129,335 in Mooresville.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Morgan County, IN ranges from the highest value of $266,552 in Mooresville to the lowest value of $76,144 in Martinsville. Bank owned homes and properties account for 0.04% of properties in Morgan County, IN. There are 8 cities within Morgan County, IN; Martinsville containing 7 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMartinsville has 14 auction properties, the highest number of properties going to auction in a single city in the state of Morgan County, IN. Auction homes and other auction properties account for 0.11% of all properties in Morgan County, IN. There are 8 cities within Morgan County, IN; of those cities, the median estimated home value for homes going to auction ranges from $504,898 in Camby to the lowest value of $153,390 in Camby.
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More Real Estate Resources for Morgan County, IN
Guide for Morgan County, IN
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.
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