Fort Morgan, CO home prices
Typical home $324,496 · -0.6% in a year · income needed $87,800
The Fort Morgan, CO metro area ranks 270 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -0.6% in a year and +10.6% over five years. With 20% down at 7.11%, the typical home costs about $2,048 a month including 0.52% property tax (Morgan County rate).
Mortgage on the typical Fort Morgan home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $64,899 | $259,597 | $1,746 | $0 | $302 | $2,048 | $87,800 |
| 10% down | $32,450 | $292,047 | $1,965 | $122 | $302 | $2,388 | $102,400 |
| 5% down | $16,225 | $308,272 | $2,074 | $128 | $302 | $2,504 | $107,300 |
| 3.5% down (FHA) | $11,357 | $318,619 | $2,143 | $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.
Counties in the Fort Morgan area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Morgan County, CO | $324,520 | -0.6% | 0.52% |
What can you afford in Colorado on your salary? · Colorado home prices · Salaries in Colorado
Frequently asked questions
How much is a house in Fort Morgan?
The typical home in the Fort Morgan, CO metro area is worth $324,496 (Zillow, September 2026).
What salary do you need to buy a house in Fort Morgan?
About $87,800 a year for the typical home with 20% down at 7.11%.