68Alpha

Morgan County, IL Housing Market Brief

county · IL · as of August 2026

Seller's

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%
-4.057
Inventory Health25%
+13.973
Affordability20%
+3.091
Economic Strength20%
40
Rental Yield15%
+5.779

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?

Our model forecasts Morgan County, IL’s home prices to rise about 1.7% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Morgan County, IL housing market data

MetricValueYoY
Median Sale Price$166K▲ +3.5%
Median Days on Market22 days▲ +22.2%
Months of Supply1.1-38.9%
Homes for Sale41-33.9%
Homes Sold39▲ +8.3%
Median Price / Sq Ft$80-15.6%

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

Now: 68
12-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?

As of August 2026, Morgan County, IL is classified as a Seller's Market, based on its Alpha Score of 68 out of 100. The classification reflects current price, inventory, 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 $166K, having risen 3.5% over the past year.

How affordable is Morgan County, IL?

Morgan County, IL scores 91 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 (91/100) and its weakest is Economic Strength (40/100). 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.