Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$737,920+2.4% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 23% have cut their price
Income needed to buy, per year$159,966About 1.3× the local median income ($126,482): a stretch for a typical household
Days on market61 daysFaster than a year ago: sellers have the edge
Next 12 months+2.2%Zillow expects prices to rise slightly
The typical home in Morgan County, UT is worth $737,920, up 2.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $636,272, so the area is 16.0% overvalued. It is a buyer's market: homes take about 61 days to sell, listings are up 24% from a year ago, 23% of listings have had a price cut. Zillow expects prices to rise about 2.2% over the next year. A household needs about $159,966 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 $126,482. Typical rent is $2,800 a month, or $3,924 for a house. In the latest IRS figures, 206 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
$737,920
Change in 1 year
+2.4%
Overvalued %
+16.0%
Show 7 more
Fair home value
$636,272
Change in 5 years
+15.0%
Zillow forecast, next 12 months
+2.2%
Home value to income
5.8×
Monthly mortgage payment (20% down)
$3,999
Income needed to afford it
$159,966
Property tax rate
0.52%
Rent and investing
Typical rent
$2,800
Typical rent for houses
$3,924
Price-to-rent ratio
22.0×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,591
Gross rental yield
4.55%
Cap rate (estimate)
2.96%
Market activity
Listings vs a year ago
+23.7%
Days on market
61
Listings with a price cut
23.2%
Show 3 more
Homes for sale
47
Pending sales per 100 listings
23
Asking price per sq ft
$279
People and jobs
Median household income
$126,482
Population change (1 year)
+2.1%
Unemployment rate
2.3%
Show 4 more
Population
13,383
Income adjusted for cost of living
$126,104
Net moves in (IRS)
+206
Cost of living (US = 100)
100.3
Schools, risk and environment
School rating (1 to 10)
6.4
FEMA hazard risk score (0 to 100)
3.5
Flood risk score
10.7
Show 3 more
Wildfire risk score
84.1
Walkability (1 to 20)
5.5
Road, rail and air noise
54 dB
Questions people ask
Is Morgan County, UT overvalued?
Home prices in Morgan County, UT are well above what local incomes have historically supported: fair value is about $636,272, so the area is 16.0% overvalued.
Is Morgan County, UT a buyer's or seller's market?
Morgan County, UT is a buyer's market: homes take about 61 days to sell, listings are up 24% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Morgan County, UT?
Home values in Morgan County, UT are up 2.4% over the last year. Zillow's forecast for the next 12 months is +2.2%.
How much do you need to earn to buy a home in Morgan County, UT?
A household needs about $159,966 a year to afford the typical home in Morgan County, UT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $126,482.