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West Central Reporter

Sunday, May 5, 2024

Home prices in Morgan County increased in 2022

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The median sale price of a home sold in 2022 in Morgan County rose by $2,000 while total sales decreased by 12.8%.

From January through December of 2022, there were 516 homes sold, with a median sale price of $100,000 - a 2% increase over the $98,000 median sale price for the same period of the previous year. There were 592 homes sold in Morgan County in 2021.

The median sales tax in Morgan County for the most recent year with available data, 2021, was $1,866 approximately 1.9% of the median home sale price for 2022.

The following histogram displays changes in median sales prices in Morgan County from January 2021 to December 2022.

20212022$98000$98000$100000$100000

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