Morgan City Real Estate Market

Morgan City Market

The median mortgage debt is $49,780.

Additional Statistics for Single Family Homes and Condos in Morgan City, LA
$113,500
Median Listing Price
25
Median Days on Market
21
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
Morgan City, LA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Morgan City is $113,500. The list prices increased by 13.5% from the previous month.

The price per square foot for listings in this area is $51.

The median sale price in December for single family homes is $162,753. The sale prices dropped by -20.35% from the previous month.

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Morgan City, LA Market Inventory Trends

The number of active listings in Morgan City increased by 31.3% from the previous month.

The median number of days active properties have been listed is 25. This is significantly shorter than the national average.

The number of sales in December dropped by 50% from the previous month.

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Morgan City, LA Property Ownership

The percent of owner occupied properties in Morgan City is 10.76% below the national average.

The percent of rental properties in Morgan City is 17.2% above the national average which is typical for urban areas.

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