Is Morgan, UT 84050 a buyer’s or seller’s market?
Morgan is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 20% of U.S. ZIP codes, and #91 of 110 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Morgan housing market right now
In the three months ending August 31, 2026, 11% of homes in Morgan, UT 84050 sold above their list price, the typical home went under contract in 58 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 29 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold more slowly (50 days then) and the median sale price rose 13% to $834,639. Overall, Morgan is less competitive than a year ago, which gives buyers more room.
On our competition score, Morgan ranks #91 of 110 UT ZIP codes with enough sales (score 25 out of 100).
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Questions about Morgan real estate
Is Morgan a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Morgan, UT 84050 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Morgan?
The typical home went under contract in 58 days in the latest three months.
Do homes in Morgan sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Morgan?
About 0.52% of a home’s value a year in Morgan County, or roughly $2,080 on a $400,000 home.
What is the median home price in Morgan?
The median sale price was $834,639 in the three months ending August 31, 2026, about $248 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology