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County Overview

Morgan County, TN

Aggregate real estate market report across county ZIPs
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The Morgan County, TN real estate market currently shows 91 active listings, with 26 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 56 days last year.

The median listing price has fallen 23.2% year-over-year, from $432,975 to $332,400.

Whether you are buying or selling in Morgan County, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 26,689  ·  Density: 31.8/mi²  ·  Median household income: $55,392

Typical home value: $146,442  ·  Homeownership: 80.1%

Included Areas

Coalfield: 37719

Deer Lodge: 37726

Lancing: 37770

Oakdale: 37829

Oliver Springs: 37840

Petros: 37845

Beacon Hill: 37733

Sunbright: 37872

Wartburg: 37887

Area Map

Market Overview

Active Listings
91
⇧ 49.2% vs 61 last year
Pending
26
29% pending ratio
Median Price
$332,400
⇩ 23.2% vs $432,975 last year
Average Price
$432,987
⇩ 22.3% vs $557,414 last year
Days on Market
58
⇧ 3.6% vs 56 days last year

Price Per Square Foot

Median $/sqft
$195
⇩ 16.7% vs $234/sqft last year
Median Home Size
1,557 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.7%
Listings with no price change
Price Reduced
0.3%
⇧ 105.2% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %