Market Overview
Home Prices in Morgan, GA
The median home value in Morgan, GA is $136,605 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% compared to a year ago and down 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Morgan are priced67% below average.
Price History
Morgan Home Price Trend
2022
$133,061
$133K
—
2023
$136,157
$136K
+2.3%
2024
$135,576
$136K
-0.4%
2025
$131,306
$131K
-3.1%
2026
$136,605
$137K
+4.0%
City Comparison
Morgan vs. National Median
🏠 Morgan
$136,605
National Median
$410,000
At $136,605, homes in Morgan cost 67% below the national median of $410,000. This makes Morgan a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Morgan?
20% Down Payment
$27,321
on $136,605
Monthly P&I
$712/mo
30-yr @ 6.8%
Total Monthly Est.
~$904/mo
incl. taxes & insurance
Income Needed
$36,160
gross annual (30% rule)
10% Down Option
$13,661
+ PMI applies
Loan Amount (20% dn)
$109,284
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Morgan, GA?
The median home value in Morgan is $136,605 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Morgan?
Over the past year, home values in Morgan have increased by 4%.
How much do I need to earn to buy a home in Morgan?
To comfortably afford the median home price of $136,605 with a 20% down payment ($27,321) at today's rates (6.8%), you'd need a gross annual income of approximately $36,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Morgan compare to the national average home price?
The national median home value is approximately $410,000. At $136,605, homes in Morgan are 67% below the national average.