Morgan, UT · Market Data

Morgan, Utah real estate market data.

Real estate market data for Morgan, UT (Morgan County) — Census median home value $463,100, county listing prices up about 2.4% over the past year.

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Morgan, UT is in Morgan County, Utah — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,268, with a median household income of $114,102. Census data puts Morgan's median home value at $463,100.

At a glance

Morgan market snapshot

Population

4,268

Median Household Income

$114,102

Median Home Value (city)

$463,100

Median Gross Rent

$1,258/mo

Price Trend (YoY)

+2.4%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Morgan

What makes Morgan different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Morgan's median home value — across all owner-occupied homes, not just recent sales — at $463,100.

County Price Trend

Morgan County's FHFA house price index shows a 2.36% annual change in 2025.

Population & Income

Morgan has an estimated population of 4,268 and a median household income of $114,102, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Morgan's Census-reported median home value works out to about 4.1x the area's median household income, and median gross rent runs roughly 13% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Morgan FAQ

What are home values like in Morgan, UT?

The Census Bureau's American Community Survey puts Morgan's median home value at $463,100.

What is the population of Morgan, UT?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Morgan's population at approximately 4,268.

What's the median rent in Morgan, UT?

The Census ACS estimates median gross rent in Morgan at approximately $1,258 per month.

What is the median household income in Morgan, UT?

Census ACS data puts the median household income in Morgan at approximately $114,102.

Is the Morgan housing market growing?

Morgan County's FHFA house price index shows a 2.36% annual change in 2025.

Is Morgan, UT affordable relative to income?

Census ACS data puts Morgan's median home value at about 4.1 times the median household income, with median gross rent equal to roughly 13% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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