Morgan Real Estate Market Conditions

  • Median sales price

    $82,000
    6.8% change since last quarter
  • # Active listings

    3
    30-day change

Morgan Schools and Demographics

Education near Morgan, MN

City County
High School Graduates 87.75 89.73
College Degree - 2 year 6.71 10.11
College Degree - 4 year 16.95 18.44
Graduate Degree 3.36 2.84
Expenditures per Student 11,405 11,602
Students per Teacher 13.2 10.6

Elementary Schools near Morgan, MN

Grades Students P/T Ratio ZIP
Cedar Mountain Elementary School PK - 05 221 11.7 55333
Sleepy Eye Elementary School PK - 06 274 11.9 56085
Springfield Elementary School PK - 06 305 14.4 56087

Middle Schools near Morgan, MN

Grades Students P/T Ratio ZIP
G.F.W. Mid. 05 - 08 221 12 55332

High Schools near Morgan, MN

Grades Students P/T Ratio ZIP
Sleepy Eye Sec. 07 - 12 252 12.3 56085
Springfield Secondary School 07 - 12 296 14.4 56087

Ungraded Schools near Morgan, MN

Grades Students P/T Ratio ZIP
Cedar Mountain Secondary School 06 - 12 258 14 56266

Demographics near Morgan, MN

City County
Neighborhood Type Rural
Population 902 15,430
Population Density 1,634 18
Median Age 39.2 43.5
People per Household 2.3 2.4
Median Household Income 49,118 51,871
Average Income per Capita 24,766 27,543

Morgan Real Estate

The median home value in Morgan, MN is $82,000. This is lower than the county median home value of $117,700. The national median home value is $219,700. The average price of homes sold in Morgan, MN is $82,000. Approximately 64.27% of Morgan homes are owned, compared to 19.39% rented, while 16.34% are vacant. Morgan real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Morgan real estate agent to arrange a tour today!

Morgan, Minnesota has a population of 902. Morgan is more family-centric than the surrounding county with 31.16% of the households containing married families with children. The county average for households married with children is 26.86%.

The median household income in Morgan, Minnesota is $49,118. The median household income for the surrounding county is $51,871 compared to the national median of $57,652. The median age of people living in Morgan is 39.2 years.

Morgan Weather

The average high temperature in July is 82.9 degrees, with an average low temperature in January of 4 degrees. The average rainfall is approximately 29.4 inches per year, with 42.4 inches of snow per year.