Home Values

Morgan County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median rent price in Morgan County is $775, which is the same as the Decatur Metro median of $775.

Foreclosures will be a factor impacting home values in the next several years. In Morgan County 0.1 homes are foreclosed (per 10,000). This is lower than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Morgan County is 2.6%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Morgan County homeowners underwater on their mortgage is 29.8%.

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Relative ZHVI
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Morgan County Market Overview

Data through Apr 30, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $102,303 Median sale price
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Morgan County Market Health

Data through Apr 30, 2015
  • No recent data
  • No data Average days on Zillow
  • 29.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 2.6% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Cities in Morgan County

Name Median ZHVI
Priceville $151,700
Hartselle $125,600
Decatur $111,000
Name Median ZHVI
Falkville $110,200
Eva $109,500
 

Listings & Sales

  • No data
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Morgan County Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $919 Morgan County
    $936 Decatur Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $775 Rent list price
  • No data Rent list price / sq ft
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