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Fort Morgan, CO

Full City Profile · Colorado · Morgan County County

2.8 /5.0
C+ Fair
11,521 Population 2,153/sq mi density
$59,121 Median Income $27,231 per capita
$259,900 Home Value $321,904 Zillow
$1,074 Median Rent 28.1% income on rent
50°F Avg Temperature 316 sunny days/yr
379 Violent Crime/100K 2,387 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$59,121 median income, 4.1% unemployment
A
Affordability
4.2 / 5.0
$259,900 home value, $1,074/mo rent
F
Safety
1.0 / 5.0
379 violent crimes/100K
C
Education
2.5 / 5.0
18.4% bachelor's degree or higher

Housing Overview

Median Home Value
$259,900
8% below
US avg: $281,900
Median Rent
$1,074/mo
8% below
US avg: $1,163/mo
Homeownership Rate
52.3%
20% below US avg (65.4%)
Total Housing Units
4,509
Median year built: 1967

Home Value by Source

Census Median
$259,900
Zillow (ZHVI)
$321,904
Median Sale Price
$290,000
Median List Price
$379,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

52.3%
Owner-Occupied
47.7%
Renter-Occupied
52%
48%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,083/mo
1 Bedroom
$1,161/mo
2 Bedroom
$1,429/mo
3 Bedroom
$1,861/mo
4 Bedroom
$2,178/mo
Census median rent: $1,074/mo

Market Indicators (Redfin)

Median Days on Market
55 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
36.8%
of listings with price reduction
Price Per Sq Ft
$141
Active Inventory
38
homes for sale

Affordability & Housing Stock

Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
52.3%

Complete Housing Data

Home Values

Census Median Value$259,900
Zillow Home Value (ZHVI)$321,904
Median Sale Price$290,000
Median List Price$379,900
Price Per Sq Ft$141

Rent

Census Median Rent$1,074
FMR Studio$1,083
FMR 1-Bedroom$1,161
FMR 2-Bedroom$1,429
FMR 3-Bedroom$1,861
FMR 4-Bedroom$2,178

Market

Days on Market55
Sale-to-List Ratio1.0%
Price Drops36.8%
Homes Sold13
Active Inventory38
Price Per Sq Ft$141

Ownership & Stock

Owner-Occupied52.3%
Renter-Occupied47.7%
Homeownership Rate52.3%
Total Housing Units4,509
Median Year Built1967
Rent Burden28.1%