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Multi-family Foreclosures in Morgan, MN

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Morgan, MN Foreclosures

Current Market Conditions in in Morgan, MN As of February 2026?
Over the past month, Morgan has experienced a steady increase in home sales, primarily due to low interest rates that continue to attract buyers. The market is characterized by a shortage of available homes, which is driving prices up slightly. Buyers are advised to act quickly as desirable properties tend to sell within days of listing.
How much do homes sell for in Morgan, MN?
The average home price is currently $275,584.
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 $4,807,747.
What is currently the cheapest priced home in Morgan, MN?
The cheapest home for sale in Morgan is priced at $25,793.

Living in Morgan, MN

Morgan, MN is a small, welcoming community that provides a peaceful rural lifestyle with access to essential amenities. Residents benefit from beautiful parks and outdoor activities, while maintaining convenient transportation options to surrounding areas. The local schools offer quality education, making it ideal for families.

Buyer vs Seller Market in Morgan, MN

The current real estate market in Morgan, MN shows a balanced trend with modest growth. The average home prices have seen a slight increase over the past few months, indicating heightened interest from potential buyers. Properties that are well-maintained in desirable locations are selling quickly, often above asking price. Low inventory continues to challenge buyers, making it a competitive market for those looking to settle in the area.

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 $151,171.00. 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 $275,584.00, with the most expensive house in Morgan, MN, topping out at $4,807,747.00 and the cheapest home in Morgan, MN, clocking in at $25,793.00. 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 Multi-family Homes

Market Trend for Morgan, MN

Total Listings Available: 0

Market Values:

Home Prices from $25,793 to $4,807,747

Average Sales Price: $275,584

Rental Values:

Rental from $570 to $2,220

Average Rent Value: $1,046 / month

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