Morgan County, Alabama home prices
Typical home $227,725 · +0.7% in a year · property tax 0.34%
The typical home in Morgan County is worth $227,725, 5% less than the Alabama typical home ($238,614). Values changed +0.7% in the past year and +15.5% over five years. Homeowners here pay a median 0.34% of their home's value in property tax each year ($771 on the typical home), versus 0.38% statewide.
Mortgage on the typical Morgan County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $45,545 | $182,180 | $1,226 | $0 | $178 | $1,404 | $60,200 |
| 10% down | $22,773 | $204,953 | $1,379 | $85 | $178 | $1,642 | $70,400 |
| 5% down | $11,386 | $216,339 | $1,455 | $90 | $178 | $1,724 | $73,900 |
| 3.5% down (FHA) | $7,970 | $223,600 | $1,504 | $101 | $178 | $1,783 | $76,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.34% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Alabama · part of the Decatur metro area.
Alabama counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Lauderdale County | $227,549 | +3.2% | 0.38% |
| Cherokee County | $229,115 | +0.8% | 0.38% |
| Cleburne County | $232,870 | +6.4% | 0.29% |
| Chilton County | $221,906 | +6.3% | 0.33% |
| Bibb County | $220,480 | +3.6% | 0.2% |
| Lawrence County | $220,468 | +0.5% | 0.29% |
| Blount County | $235,551 | +2.1% | 0.3% |
| De Kalb County | $215,383 | +5.2% | 0.32% |
| Marshall County | $240,091 | +2.9% | 0.36% |
| Jefferson County | $214,208 | +1.5% | 0.59% |
Frequently asked questions
What is the average home price in Morgan County, AL?
The typical home value in Morgan County is $227,725 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Morgan County?
About $60,200 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Morgan County?
The median effective rate is 0.34% of home value a year (Census ACS 2024 5-year estimates).