61Alpha

Morgan County, IL Housing Market Brief

county · IL · as of May 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%
+1.361
Inventory Health25%
+0.956
Affordability20%
88
Economic Strength20%
-1.851
Rental Yield15%
45

Where is Morgan County, IL in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

Morgan County, IL housing market data

MetricValueYoY
Median Sale Price$172K▲ +6.5%
Median Days on Market4 days-84.6%
Months of Supply2.6▲ +44.4%
Homes for Sale45-22.4%
Homes Sold17-46.9%
Median Price / Sq Ft$101▲ +2.9%
Sale-to-List Ratio100.0%▲ +1.1%

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

Now: 61
3-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 May 2026, Morgan County, IL is classified as a Seller's Market, based on its Alpha Score of 61 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 $172K, having risen 6.5% over the past year.

How affordable is Morgan County, IL?

Morgan County, IL scores 88 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 (88/100) and its weakest is Rental Yield (45/100). 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.