Morgan, UT
Full City Profile · Utah · Morgan County County
4.3
/5.0
A
Great
4,268
Population
1,399/sq mi density
$114,102
Median Income
$37,244 per capita
$463,100
Home Value
$739,299 Zillow
$1,258
Median Rent
18.8% income on rent
48°F
Avg Temperature
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.9 / 5.0
$114,102 median income, 2.4% unemployment
A
Affordability
4.4 / 5.0
$463,100 home value, $1,258/mo rent
B+
Education
3.6 / 5.0
32.9% bachelor's degree or higher
Housing Overview
Median Home Value
$463,100
64% above
US avg: $281,900
Median Rent
$1,258/mo
8% above
US avg: $1,163/mo
Homeownership Rate
82.6%
26% above US avg (65.4%)
Total Housing Units
1,182
Median year built: 1994
Home Value by Source
Census Median
$463,100
Zillow (ZHVI)
$739,299
Redfin Median Sale
$462,000
Median Sale Price
$462,000
Median List Price
$558,449
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.6%
Owner-Occupied
17.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,208/mo
1 Bedroom
$1,281/mo
2 Bedroom
$1,614/mo
3 Bedroom
$2,163/mo
4 Bedroom
$2,612/mo
Census median rent:
$1,258/mo
Market Indicators (Redfin)
Median Sale Price
$462,000
Median Days on Market
80 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$200
Active Inventory
12
homes for sale
Affordability & Housing Stock
Rent Burden
18.8%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1994
Average age of housing stock: 32 years
Homeownership Rate
82.6%
Complete Housing Data
Home Values
| Census Median Value | $463,100 |
| Zillow Home Value (ZHVI) | $739,299 |
| Redfin Median Sale | $462,000 |
| Median Sale Price | $462,000 |
| Median List Price | $558,449 |
| Price Per Sq Ft | $200 |
Rent
| Census Median Rent | $1,258 |
| FMR Studio | $1,208 |
| FMR 1-Bedroom | $1,281 |
| FMR 2-Bedroom | $1,614 |
| FMR 3-Bedroom | $2,163 |
| FMR 4-Bedroom | $2,612 |
Market
| Days on Market | 80 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 16.7% |
| Homes Sold | 6 |
| Active Inventory | 12 |
| Price Per Sq Ft | $200 |
Ownership & Stock
| Owner-Occupied | 82.6% |
| Renter-Occupied | 17.4% |
| Homeownership Rate | 82.6% |
| Total Housing Units | 1,182 |
| Median Year Built | 1994 |
| Rent Burden | 18.8% |