Local Market Report Update March 25, 2026

Morgan County Real Estate Market Update: Feb 2026

Morgan County Real Estate Market Update: Feb 2026

Big moves in a small market… and they matter.

February brought real energy to Morgan County, and the numbers tell a story of momentum that buyers and sellers can feel.

We saw total sold volume climb to $9.4 million, a sharp jump from last year. That kind of growth does not happen by accident. It comes from people making confident moves and a market that is starting to find its rhythm again. A total of 27 homes sold, and every single one was a detached home. That says a lot about what buyers want right now… space, privacy, and a place that truly feels like home.

Prices continue to rise in a steady, healthy way. The median sold price reached $349,900, while the average came in close behind at $338,492. Sellers are also getting strong returns, with homes selling at 91.5% of list price. It is not a frenzy, but it is a solid, balanced pace that rewards smart pricing and preparation.

Inventory is still tight, with 69 active listings, slightly down from last year. At the same time, demand is picking up. New pending sales jumped 68.75%, showing that buyers are stepping in with purpose. Homes are also moving faster, with days on market dropping to 66 days. That is a clear sign that well-presented homes are not sitting for long.

The $300K to $399K range stands out as the most active, making it a key price point for both buyers and sellers to watch. Financing trends show a healthy mix, with conventional loans leading the way, alongside VA and cash buyers staying in the game.

This market is not perfect, and that is what makes it real. There is still limited inventory, and buyers have to stay ready. Sellers need to price with care and present their homes well. But step by step, this market is improving, and opportunities are opening up.

If you are thinking about making a move, now is a great time to start the conversation.


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