New Upward Trend in Price Cuts for Morgan County Real Estate Market

This week in the Morgan County market, sales fell to 24 homes sold over the last 30 days, even as it endures a budding upward trend in price reductions, with 42 reported in the same time frame. While the number of sellers reducing prices were solid, months of inventory hit 15, extending an upward trend to four weeks. Along with the slip in sales, the higher-than-normal inventory indicates that Morgan County is a strong buyer's market.

If you have been waiting for prices to drop, now is your chance to look at these listings in Morgan County:

$459K   $169K   $199K  

Get started right now by checking out Morgan County homes for sale or reviewing Morgan County real estate trends.

Demographic facts for Morgan County:

  • The percentage of the population who own their homes is 62.0%.
  • The student-to-teacher ratio is 15.6:1. (15.3:1 = national average)

Data reported through 6/14/2017

Comments:

Ask a local expert about this area:
Realty FC
Snapped 1 home in this area
RE/MAX Distinctive Real Estate, Inc.
Snapped 1 home in this area

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