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MORGANFIELD, KY 42437

Real Estate Market Report  ·  Union County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The MORGANFIELD, KY real estate market (42437) currently shows 7 active listings, with 6 pending sales. Homes are averaging 114 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 114 days on market compared to 55 days last year.

The median listing price has fallen 83.1% year-over-year, from $207,075 to $35,000.

Whether you are buying or selling in MORGANFIELD, KY, 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: 7,419  ·  Density: 16.9/mi²  ·  Median household income: $60,664

Typical home value: $137,497  ·  Homeownership: 68.7%

Market Overview

Active Listings
7
⇩ 30% vs 10 last year
Pending
6
86% pending ratio
Median Price
$35,000
⇩ 83.1% vs $207,075 last year
Average Price
$35,000
⇩ 85.3% vs $237,500 last year
Days on Market
114
⇧ 107.3% vs 55 days last year

Price Per Square Foot

Median $/sqft
$20
⇩ 84.4% vs $128/sqft last year
Median Home Size
1,280 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 10 last year
  • Days on market: 114 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $35,000 (-83.1% YoY)
  • Average: $35,000 (-85.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.1 miles — 189 listings ($40,442,453 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
42437Morganfield, KY 424370.0 mi11$2,325,763$159,900$211,433
42459Sturgis, KY 424598.7 mi9$1,115,577$101,225$123,953
42406Corydon, KY 4240612.5 mi6$1,520,550$239,900$253,425
62984Shawneetown, IL 6298413.4 mi4$775,268$170,000$193,817
42409Dixon, KY 4240914.6 mi5$824,835$185,000$164,967
47620Mount Vernon, IN 4762018.7 mi48$12,173,376$239,900$253,612
62979Ridgway, IL 6297920.0 mi1$49,900$49,900$49,900
42452Robards, KY 4245221.1 mi5$1,303,500$237,400$260,700
62931Elizabethtown, IL 6293121.7 mi6$1,923,960$230,000$320,660
42064Marion, KY 4206423.5 mi21$4,991,616$210,000$237,696
62934Equality, IL 6293424.3 mi4$3,190,000$522,500$797,500
42456Slaughters, KY 4245625.3 mi5$731,500$164,900$146,300
47713Evansville, IN 4771328.1 mi64$9,516,608$95,000$148,697

Frequently Asked Questions

How many homes are for sale in MORGANFIELD, KY 42437?

As of April 2026, there are 7 active listings in MORGANFIELD, KY (zip code 42437), compared to 10 the prior year.

What is the median home price in MORGANFIELD, KY 42437?

The median listing price in MORGANFIELD, KY 42437 is $35,000 as of April 2026, a 83.1% decrease from $207,075 the prior year.

How long do homes stay on the market in MORGANFIELD, KY?

Homes in MORGANFIELD, KY 42437 spend an average of 114 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in MORGANFIELD, KY 42437?

Based on current inventory and days-on-market data as of April 2026, MORGANFIELD, KY 42437 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 114 days on market compared to 55 days last year.

How much can I save on real estate commission in MORGANFIELD, KY?

With SELL123.com's maximum 3% commission, sellers in MORGANFIELD, KY 42437 save an estimated $700 compared to a typical 5% commission on the median listing price of $35,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.