60Alpha

Morgan County, IN Housing Market Brief

county · IN · score computed October 2026

Balanced

What is Morgan County, IN’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%
●59
Inventory Health25%
●79

Population band 4 of 5 (population 39,232–102,612) · comparable within its band

Affordability20%
●47
Economic Strength20%
●63
Rental Yield15%
●41

Where is Morgan County, IN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Morgan County, IN 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, IN?

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, IN housing market data

MetricValueYoYSource
Median Sale Price$269K▼ -7.1%Redfin
Median Days on Market26 days▼ -16.1%Redfin
Months of Supply2.9▼ -6.4%Redfin
Homes for Sale239▲ +2.1%Redfin
Homes Sold83▲ +10.7%Redfin
Median Price / Sq Ft$174▲ +3%Redfin

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

Now: 60
2-period trend
Median sale price · 12 mo

Markets like Morgan County, IN

Frequently asked questions

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

In the scores computed October 2026, Morgan County, IN is classified as a Balanced Market, based on its Alpha Score of 60 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

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

The median sale price in Morgan County, IN is $269K, having fallen 7.1% over the past year, according to Redfin.

How affordable is Morgan County, IN?

Morgan County, IN scores 47 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

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

Morgan County, IN's strongest dimension is Inventory Health (79/100) and its weakest is Rental Yield (41/100). The Alpha Score is a weighted blend of all five dimensions.

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