How does the housing market look in Morgan Independent School District? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Morgan Independent School District Morgan, TX
Median Sale Price
$125,000
34.2%
New Listings
1
Number of Homes Sold
1
Median Days on Market
45
181.3%
Market Overview
Based on home data between July 07, 2022 and August 06, 2022, homes for sale in Morgan Independent School District, Morgan, TX sold for a median price of $125,000, down 34.2% compared to the same period last year. The median price per square foot was $160.88, up 28.1% year-over-year. There was one home sold, same as last year.
All Home Types
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get your maximum home value with minimal effort
Use Orchard’s free tool to get your most accurate home valuation today.
Get StartedHousing Supply
On August 06, 2022, the total number of homes for sale in Morgan Independent School District, Morgan, TX was 5, up 25% compared to last year. Based on home data between July 07, 2022 and August 06, 2022, one new home was listed for sale. The median days on market was 45, up from 16 days last year. The months of supply was 4, up from 2 months last year.
All Home Types
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Your dream home is waiting for you.
Tell us your must-haves, and we’ll share all the homes that meet your criteria.
Start QuizHousing Demand
Based on home data between July 07, 2022 and August 06, 2022, homes in Morgan Independent School District, Morgan, TX had a median sale-to-list-price ratio of 83.89%, same compared to the same period last year. 0% of homes sold above list price, same as last year. 0% of homes listed dropped in price, same as last year.
All Home Types
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get StartedHomes For Sale In Morgan Independent School District
