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West Central Reporter

Monday, November 25, 2024

Home prices in Morgan County during April 2024 fell compared to the same period in 2023

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In April, the median sale price of a home in Morgan County fell by $73,500 from the same period in the previous year, while total sales decreased by 86.7%, according to BlockShopper.com.

Data shows that there were four homes sold in April, with a median sale price of $50,000 - a 59.5% decrease from the $123,500 median sale price for the same period of the previous year. There were 30 homes sold in Morgan County in April 2023.

For context, the median sales tax in Morgan County, based on the latest available data from 2021, was $1,866, which stands at 3.7% of April's median home sale price.

The following histogram displays changes in median sales prices in Morgan County from April 2023 to April 2024.

April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024$123,500$123,500$115,000$115,000$95,000$95,000$125,000$125,000$144,000$144,000$108,250$108,250$121,700$121,700$117,750$117,750$90,000$90,000$105,560$105,560$120,000$120,000$110,000$110,000$50,000$50,000

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