58Alpha

Morgan County, IL Housing Market Brief

county · IL · score computed October 2026

Balanced

What is Morgan County, IL’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●83
Inventory Health25%
●17

Population band 3 of 5 (population 20,431–39,126) · comparable within its band

Affordability20%
●90
Economic Strength20%
●43
Rental Yield15%
●72

Where is Morgan County, IL in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Morgan County, IL is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Morgan County, IL?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Morgan County, IL housing market data

MetricValueYoYSource
Median Sale Price$187K▲ +22.3%Redfin
Median Days on Market13 days▼ -7.1%Redfin
Months of Supply2.0▲ +17.7%Redfin
Homes for Sale49▼ -26.9%Redfin
Homes Sold25▼ -35.9%Redfin
Median Price / Sq Ft$93▼ -1.6%Redfin

How has Morgan County, IL’s Alpha Score moved?

Now: 58
2-period trend
Median sale price · 12 mo

Markets like Morgan County, IL

Frequently asked questions

Is Morgan County, IL a buyer's or seller's market?

In the scores computed October 2026, Morgan County, IL is classified as a Balanced Market, based on its Alpha Score of 58 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Morgan County, IL?

The median sale price in Morgan County, IL is $187K, having risen 22.3% over the past year, according to Redfin.

How affordable is Morgan County, IL?

Morgan County, IL scores 90 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Morgan County, IL's Alpha Score?

Morgan County, IL's strongest dimension is Affordability (90/100) and its weakest is Inventory Health (17/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Morgan County, IL? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.