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Foreclosure Homes in Morgan, MN

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Morgan, MN Foreclosures

Current Market Conditions in in Morgan, MN As of April 2026?
In the past month, the real estate market in Morgan has shown signs of stability with a slight decline in available listings. This has led to increased competition among buyers for the few properties on the market. Home prices have experienced a modest increase, reflecting graduates of buyers looking to settle in this desirable area cognitively. As families and individuals continue to seek out Morgan for its community charm and natural beauty, the market is expected to remain active in the coming months.
How much do homes sell for in Morgan, MN?
The average home price is currently $261,944.
In Morgan, MN, how many homes are available?
There are currently 1 active home listings available in Morgan.
What’s the average rental cost in Morgan, MN?
The average rental price in Morgan is $1,046.
What is the most expensive home in Morgan?
The most expensive home sold in Morgan had a price of $3,994,838.
What is currently the cheapest priced home in Morgan, MN?
The cheapest home for sale in Morgan is priced at $21,523.

Living in Morgan, MN

Morgan, MN is a charming small town surrounded by nature and community values. It provides a peaceful lifestyle with easy access to outdoor recreational activities, schools, and local events. Its rural setting and supportive atmosphere are perfect for families and those seeking tranquility.

Buyer vs Seller Market in Morgan, MN

The real estate market in Morgan is characterized by affordable housing options and a strong community spirit. Prices for homes are generally lower than the national average, making it an attractive option for first-time buyers or those looking to invest in a peaceful rural area.

Currently, there is a steady demand for homes in Morgan, as buyers are drawn to the affordable price points and quality of life that the town offers. Due to low inventory, some properties may experience quick sales, indicating a buyer's market that attracts several interested parties.

Home Value Estimator For Morgan, MN

There are currently 556 real estate properties in Morgan, MN, with a median automated valuation model (AVM) price of $151,288.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morgan, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Morgan, MN, is $261,944.00, with the most expensive house in Morgan, MN, topping out at $3,994,838.00 and the cheapest home in Morgan, MN, clocking in at $21,523.00. In other words, there’s something for every potential homebuyer or savvy investor in Morgan, MN!

Rent Prices In Morgan, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morgan, MN, is on a rollercoaster ride. The average rent price in Morgan, MN, is $1,046.00. Indeed, when looking to rent in Morgan, MN, you can expect to pay as little as $570.00 or as much as $2,220.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Morgan, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Morgan, MN Foreclosures


Market Trend for Morgan, MN

Total Listings Available: 1

Market Values:

Home Prices from $21,523 to $3,994,838

Average Sales Price: $261,944

Rental Values:

Rental from $570 to $2,220

Average Rent Value: $1,046 / month

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