Morgan County, Colorado home prices
Typical home $324,520 · -0.6% in a year · property tax 0.52%
The typical home in Morgan County is worth $324,520, 39% less than the Colorado typical home ($529,013). Values changed -0.6% in the past year and +10.5% over five years. Homeowners here pay a median 0.52% of their home's value in property tax each year ($1,678 on the typical home), versus 0.52% 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 | $64,904 | $259,616 | $1,746 | $0 | $302 | $2,049 | $87,800 |
| 10% down | $32,452 | $292,068 | $1,965 | $122 | $302 | $2,389 | $102,400 |
| 5% down | $16,226 | $308,294 | $2,074 | $128 | $302 | $2,504 | $107,300 |
| 3.5% down (FHA) | $11,358 | $318,642 | $2,144 | $144 | $302 | $2,589 | $111,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.52% 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 Colorado · part of the Fort Morgan metro area.
Colorado counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Rio Blanco County | $326,192 | +2.6% | 0.33% |
| Rio Grande County | $320,612 | +1.5% | 0.39% |
| Alamosa County | $319,782 | +2.5% | 0.43% |
| Fremont County | $333,916 | -1.2% | 0.36% |
| Dolores County | $307,256 | +2.8% | 0.27% |
| Moffat County | $299,145 | -0.4% | 0.4% |
| Pueblo County | $282,303 | -2.3% | 0.5% |
| Yuma County | $272,569 | +3.0% | 0.47% |
| Huerfano County | $264,499 | -1.6% | 0.28% |
| Logan County | $252,455 | +1.0% | 0.46% |
Frequently asked questions
What is the average home price in Morgan County, CO?
The typical home value in Morgan County is $324,520 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Morgan County?
About $87,800 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 0.52% of home value a year (Census ACS 2024 5-year estimates).