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MORGANFIELD, KY 42437

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

Market Overview

Active Listings
10
⇧ 25% vs 8 last year
Pending
3
30% pending ratio
Median Price
$164,900
⇩ 10.8% vs $184,900 last year
Average Price
$225,414
⇩ 2.2% vs $230,493 last year
Days on Market
38
⇩ 53.1% vs 81 days last year

Market Context

Population: 7,419  ·  Density: 16.9/mi²  ·  Median household income: $60,664

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

Market Analysis

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

The MORGANFIELD, KY real estate market (42437) currently shows 10 active listings, with 3 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 38 days on market compared to 81 days last year.

The median listing price has fallen 10.8% year-over-year, from $184,900 to $164,900.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 8 last year
  • Days on market: 38 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $164,900 (-10.8% YoY)
  • Average: $225,414 (-2.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.7 miles — 199 listings ($52,117,941 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
42437Morganfield, KY 424370.0 mi10$2,254,140$164,900$225,414
42461Uniontown, KY 424618.8 mi2$390,000$195,000$195,000
62984Shawneetown, IL 6298413.4 mi3$742,500$247,500$247,500
42409Dixon, KY 4240914.6 mi4$673,200$185,000$168,300
47620Mount Vernon, IN 4762018.7 mi42$11,121,054$239,900$264,787
62979Ridgway, IL 6297920.0 mi1$49,900$49,900$49,900
42452Robards, KY 4245221.1 mi4$751,868$199,900$187,967
62931Elizabethtown, IL 6293121.7 mi6$1,701,174$230,000$283,529
42064Marion, KY 4206423.5 mi21$5,113,500$207,000$243,500
42420Henderson, KY 4242024.1 mi99$25,878,006$225,000$261,394
42441Nebo, KY 4244124.9 mi2$1,230,000$615,000$615,000
42436Manitou, KY 4243625.8 mi3$1,288,899$299,900$429,633
47708Evansville, IN 4770828.7 mi2$923,700$461,850$461,850

Frequently Asked Questions

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

As of January 2026, there are 10 active listings in MORGANFIELD, KY (zip code 42437), compared to 8 the prior year.

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

The median listing price in MORGANFIELD, KY 42437 is $164,900 as of January 2026, a 10.8% decrease from $184,900 the prior year.

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

Homes in MORGANFIELD, KY 42437 spend an average of 38 days on the market before going under contract, compared to 81 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 January 2026, MORGANFIELD, KY 42437 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 38 days on market compared to 81 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 $3,298 compared to a typical 5% commission on the median listing price of $164,900. 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.