Morgan MN Multi Family for Sale

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Morgan Real Estate

The median home value in Morgan, MN is $107,500. This is lower than the county median home value of $140,500. The national median home value is $338,100. The average price of homes sold in Morgan, MN is $107,500. Approximately 64.98% of Morgan homes are owned, compared to 20.05% rented, while 14.98% are vacant. Morgan real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Morgan real estate agent to arrange a tour today!

Morgan, Minnesota has a population of 864. Morgan is more family-centric than the surrounding county with 35.32% of the households containing married families with children. The county average for households married with children is 29.96%.

The median household income in Morgan, Minnesota is $55,114. The median household income for the surrounding county is $59,638 compared to the national median of $69,021. The median age of people living in Morgan is 40.4 years.

Morgan Weather

The average high temperature in July is 83.4 degrees, with an average low temperature in January of 4.1 degrees. The average rainfall is approximately 28.8 inches per year, with 37.9 inches of snow per year.

Morgan Real Estate Market Conditions

  • Median sales price

    $107,500
    12.6% change since last quarter
  • # Active listings

    4
    30-day change

Morgan Schools and Demographics

Education near Morgan, MN

Metric City County
High School Graduates 91.1 92.89
College Degree - 2 year 11.03 10.95
College Degree - 4 year 20.11 19.12
Graduate Degree 2.67 3.51
Expenditures per Student 15,480 15,480
Students per Teacher 13.2 13.2

Elementary Schools near Morgan, MN

School Grades Students P/T Ratio ZIP
Cedar Mountain Elementary School PK - 05 221 11.7 55333
Sleepy Eye Elementary School PK - 06 274 11.9 56085
Springfield Elementary School PK - 06 305 14.4 56087

Middle Schools near Morgan, MN

School Grades Students P/T Ratio ZIP
G.F.W. Mid. 05 - 08 221 12 55332

High Schools near Morgan, MN

School Grades Students P/T Ratio ZIP
Sleepy Eye Sec. 07 - 12 252 12.3 56085
Springfield Secondary School 07 - 12 296 14.4 56087

Ungraded Schools near Morgan, MN

School Grades Students P/T Ratio ZIP
Cedar Mountain Secondary School 06 - 12 258 14 56266

Demographics near Morgan, MN

Metric City County
Neighborhood Type Small Town
Population 864 15,435
Population Density 1,565 18
Median Age 40.4 40.6
People per Household 2.5 2.5
Median Household Income 55,114 59,638
Average Income per Capita 26,822 29,992