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West Central Reporter

Monday, November 25, 2024

Morgan County home valuations prices rose in the first half of 2022

Realestate3

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Adobe Stock

The median sale price of a home sold in the first half of 2022 in Morgan County rose by $4,875 while total sales increased by 4.9%.

From January through June of 2022, there were 278 homes sold, with a median sale price of $94,875 - a 5.4% increase over the $90,000 median sale price for the same period of the previous year. There were 265 homes sold in Morgan County in the first half of 2021.

The median sales tax in Morgan County for the most recent year with available data, 2021, was $1,866 approximately 2% of the median home sale price for the first half of 2022.

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

Jan. - June 2021July - Dec. 2021Jan. - June 2022$90000$90000$100000$100000$94875$94875

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