Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$454,080+2.7% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$98,435About 1.3× the local median income ($77,822): a stretch for a typical household
Days on market86 daysAbout the same pace as a year ago
Next 12 months−1.0%Zillow expects prices to dip slightly
The typical home in Morgan County, GA is worth $454,080, up 2.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $380,495, so the area is 19.3% overvalued. It is a buyer's market: homes take about 86 days to sell, listings are up 5% from a year ago, 25% of listings have had a price cut. Zillow expects prices to fall about 1.0% over the next year. A household needs about $98,435 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $77,822. In the latest IRS figures, 358 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$454,080
Change in 1 year
+2.7%
Overvalued %
+19.3%
Show 7 more
Fair home value
$380,495
Change in 5 years
+29.1%
Zillow forecast, next 12 months
−1.0%
Home value to income
5.8×
Monthly mortgage payment (20% down)
$2,461
Income needed to afford it
$98,435
Property tax rate
0.71%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,327
Market activity
Listings vs a year ago
+5.1%
Days on market
86
Listings with a price cut
24.7%
Show 3 more
Homes for sale
144
Pending sales per 100 listings
19
Asking price per sq ft
$229
People and jobs
Median household income
$77,822
Population change (1 year)
+0.6%
Unemployment rate
2.5%
Show 4 more
Population
22,095
Income adjusted for cost of living
$77,744
Net moves in (IRS)
+358
Cost of living (US = 100)
100.1
Schools, risk and environment
School rating (1 to 10)
7.7
FEMA hazard risk score (0 to 100)
19.4
Flood risk score
38.4
Show 3 more
Wildfire risk score
38.3
Walkability (1 to 20)
5.4
Road, rail and air noise
55 dB
Questions people ask
Is Morgan County, GA overvalued?
Home prices in Morgan County, GA are well above what local incomes have historically supported: fair value is about $380,495, so the area is 19.3% overvalued.
Is Morgan County, GA a buyer's or seller's market?
Morgan County, GA is a buyer's market: homes take about 86 days to sell, listings are up 5% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Morgan County, GA?
Home values in Morgan County, GA are up 2.7% over the last year. Zillow's forecast for the next 12 months is −1.0%.
How much do you need to earn to buy a home in Morgan County, GA?
A household needs about $98,435 a year to afford the typical home in Morgan County, GA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $77,822.