Real Estate Price Maphome prices by county

Morgan County, GA home prices

Morgan County, GA: the typical home is worth $459,386 as of 2026-05, up +4.5% over the past year and +212.4% since 2000. Listings run about $251/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Morgan County is cooling and overvalued — a stretch for what people here earn.

Momentum+4.5%Cooling
Valuation+32%High bubble risk
Affordability5/10Stretched
Market67 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1986: $68,567 → 2026: $459,386 (6.7×) pre-2000 estimated via FHFA index

Typical value$459,3862026-05
1-year+4.5%
5-year+36.9%
10-year+105.4%
Since 2000+212.4%
Population21k2024
Median income$69,0902023 · 6.6× income
Median rent$2,100/mo2026 · 5.5% gross yield
New homes/yr1642024
Price / sq ft$251listings
Days on market672026-06
Active listings1262026-06
Price cuts14%of listings

Market read

At $459,386, homes in Morgan County sit 107% above the Georgia median ($221,642) and 96% above the US median ($233,954). That ranks #7 of 159 Georgia counties by price.

Prices are holding steady (+4.5% in the last year) — a balanced market.

Homes here take a while to sell — a median 67 days on the market, with 14% of listings cutting their asking price.

At 6.6× local income, that's pricier than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~32% expensive for local incomes and rents.

Rent and buy are close — ~$2,268/mo to buy (P&I, 20% down) vs $2,100/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Oconee County, GA ($558,097) · Walton County, GA ($389,372) · Greene County, GA ($638,104) · Newton County, GA ($296,532) · Putnam County, GA ($416,165) · Jasper County, GA ($325,044)

Frequently asked questions

What is the average home price in Morgan County, GA?
The typical home in Morgan County is worth $459,386 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Morgan County rising or falling?
Prices are up +4.5% over the past year and +212.4% since 2000 — a balanced market.
Is Morgan County affordable?
At 6.6× the local median income of $69,090, Morgan County is pricier than the typical US county.
What is the rental yield in Morgan County?
Median rent is $2,100/mo — a gross rental yield of 5.5% on the typical home.
How fast do homes sell in Morgan County?
Homes here take a median of 67 days to sell, with 14% of listings cutting their asking price.
Median home value by year
YearMedian home value
2000$147,043
2001$161,919
2002$171,381
2003$177,405
2004$185,499
2005$198,956
2006$194,713
2007$207,182
2008$211,522
2009$203,339
2010$187,329
2011$180,573
2012$167,906
2013$166,705
2014$180,808
2015$198,609
2016$217,843
2017$228,770
2018$251,339
2019$263,974
2020$279,401
2021$318,037
2022$371,883
2023$404,580
2024$433,575
2025$443,134
2026$453,731