Morgan County, AL real estate

What the numbers say

Morgan County, AL real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Morgan County listed for $299,900, up 3.2% from a year earlier. That is 8% below the Alabama median of $325,000.

Homes spent a median of 68 days on the market, slower than 67 days a year ago. That makes Morgan County the #16 fastest-selling of 27 Alabama counties we track.

Homeowners in Morgan County pay a median of $718 a year in property taxes on a median home value of $212,000, an effective rate of about 0.34%. The Alabama average is 0.38%, which makes Morgan County the #39 lowest-tax of 67 counties in the state with published tax data.

Renters pay a median of $864 a month, and $843 for a two-bedroom. At today's prices a typical home costs about 29 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $300,000 home here comes to about $1,845 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $79,000 a year (the median household here earns $68,845).