Morgan County, Georgia Housing Market
In Morgan County, Georgia, the median home value is $342,300, with a median monthly rent of $1,108. This places Morgan County at #454 nationally out of 3134 counties by median home value, and #15 within Georgia.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,100
- Establishments: 695
- BLS QCEW, 2025
Housing Supply
- Single-family: 147
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 8,163 (avg $94,637)
- Outflow: 7,545 (avg $94,648)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 5 active ZIP codes in Morgan County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 30625 | 255.4 | -9.59% | 2025 |
| 2 | 30621 | 289.3 | +4.24% | 2025 |
| 3 | 30663 | 272.1 | +0.49% | 2025 |
| 4 | 30641 | 264.0 | +6.63% | 2025 |
| 5 | 30025 | 238.7 | -0.38% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Morgan County on Our Sister Sites
Get the complete picture for Morgan County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Morgan County Compares
| Metric | Morgan County | Georgia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $342,300 | $197,932 | $227,706 |
| Median Gross Rent | $1,108 | $965 | $968 |
| Owner Occupancy Rate | 78.2% | 70.6% | 73.3% |
| Price/Rent Ratio | 25.7 | 16.6 | 18.7 |
Market Analysis
The median home value in Morgan County is 72.9% above the Georgia state average and 50.3% above the U.S. national average. The median rent of $1,108/month is 14.8% above the state average.
With a price-to-rent ratio of 25.7, Morgan County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Morgan County has an owner-occupancy rate of 78.2%, compared to 70.6% in Georgia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Del Norte County | California | $342,000 | $1,233 |
| Door County | Wisconsin | $342,600 | $1,086 |
| Payette County | Idaho | $341,800 | $860 |
| Winchester city | Virginia | $343,000 | $1,315 |
| Delta County | Colorado | $343,200 | $1,121 |
Other Counties in Georgia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Bryan County | $343,200 | $1,618 | 77.7% |
| Jackson County | $345,000 | $1,126 | 79.3% |
| Walton County | $339,500 | $1,175 | 79.3% |
| Hall County | $350,400 | $1,341 | 68.6% |
| Pickens County | $332,700 | $1,136 | 81.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).