Brokers — List your Company Here
Featured local agent — Morgan Heights, CO
Sarah Mitchell
Compass Real Estate · Morgan Heights, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Morgan Heights, CO Housing Market
The last median sale price Redfin published was $384,000, -29.9% year over year (through May 2026). With 2.0 months of supply and homes going under contract in about 38 days, Morgan Heights is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $384,000 home is about $1,974/mo in principal and interest.
Key numbers for Morgan Heights, CO
Median sale price
$384,000
-29.9% year over year
Redfin, through April 2026
Days on market
38
Average pace
Redfin, through April 2026
Active listings
2
2.0 months of supply
Redfin, through April 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$142,083
Home costs 2.7x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through April 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Morgan Heights a buyer's or seller's market?
Morgan Heights, CO is a seller's market, based on 2.0 months of supply and homes selling in about 38 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Morgan Heights housing market data show?
Every row below is Redfin's final published month for Morgan Heights, CO. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $384,000 |
| Median list price | $469,000 |
| Year-over-year price change | -29.9% |
| Median price per sq ft | $143/sq ft |
| Median days on market | 38 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Listings with a price cut | 50.0% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Morgan Heights is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Morgan Heights is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Morgan Heights home prices moved?
Across the 23 months we hold for Morgan Heights, CO, the median sale price fell 11.7%, from $435,000 in April 2021 to $384,000. 50.0% of Morgan Heights listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
Get Morgan Heights market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Morgan Heights?
Priced off the median sale price of $384,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $76,800 | $307,200 | $1,974/mo |
| 5% | $19,200 | $364,800 | $2,344/mo |
Redfin, through April 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,974, that implies roughly $84,606 a year before you add taxes and insurance. The median household in Morgan Heights earns $142,083, about $57,477 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.7x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Morgan Heights in the next 12 months?
Tell us your timeline. We send the Morgan Heights market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Morgan Heights?
Zillow does not publish a rent index (ZORI) for Morgan Heights, CO, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Morgan Heights?
Active listings in Morgan Heights, CO went from 3 in December 2023 to 2 in April 2026, a -33.3% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| February 2024 | 3 | 1 |
| March 2024 | 3 | 1 |
| May 2024 | 2 | 1 |
| June 2024 | 2 | 1 |
| August 2024 | 3 | 2 |
| November 2024 | 3 | 1 |
| April 2025 | 3 | 1 |
| May 2025 | 2 | not published |
| June 2025 | 1 | 2 |
| September 2025 | 2 | 1 |
| October 2025 | 1 | not published |
| April 2026 | 2 | 1 |
Redfin, through April 2026
How does Morgan Heights compare to Colorado and the U.S.?
Morgan Heights homes sell for $384,000 — 38% below the Colorado median of $617,000. Against the national median of $410,700, Morgan Heights runs 7% lower. Year-over-year, Morgan Heights moved -29.9% against Colorado's +1.3% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Morgan Heights, CO | $384,000 | -29.9% | 38 days |
| Colorado statewide | $617,000 | +1.3% | 35 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Morgan Heights
What buyers should watch
- Months of supply, currently 2.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 50.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $370 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $384,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Morgan Heights listing goes under contract in 38 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
- In the last published month Morgan Heights added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Morgan Heights varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Morgan Heights
There are currently 2 homes listed for sale in Morgan Heights, Colorado. The median listing price is $469K.
Active listings
2
Homes on market
Median list price
$469K
Avg. days on market
38
Days until sale
New this week
1
Newly listed
How much do homes cost in Morgan Heights by property type?
How the Morgan Heights, CO market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $384,000 | $143/sq ft | 1 | 38 days |
| Condo / co-op | $310,000 | $110/sq ft | 1 | 78 days |
| Townhouse | $285,000 | $101/sq ft | 1 | 459 days |
Who lives in Morgan Heights?
American Community Survey estimates for Morgan Heights. U.S. Census ACS, 2023
Population
261
Households
87
Median income
$142,083/yr
Median age
38.1 years
Owner-occupied
100.0%
Median home value
$413,600
100.0% of occupied homes in Morgan Heights are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Morgan Heights, CO?
Ordered by distance from Morgan Heights, not by size. Compare Morgan Heights side by side with any of them.
Morgan Heights housing market FAQ
Is Morgan Heights a buyer's or seller's market?
Morgan Heights, CO is currently a seller's market. That read comes from 2.0 months of supply, homes going under contract in about 38 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Morgan Heights?
The median sale price in the last month Redfin published was $384,000, about $143 per square foot.
Is Morgan Heights cheaper than the rest of Colorado?
Morgan Heights's median sale price of $384,000 is 38% lower than the Colorado statewide median of $617,000, and 7% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Morgan Heights?
Homes in Morgan Heights, CO spent a median of 38 days on market before going under contract, versus 35 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Morgan Heights?
At the current 30-year fixed rate of 6.66%, 20% down on a $384,000 home is about $1,974 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $84,606 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $142,083.
Are home prices rising in Morgan Heights?
Redfin's last published year-over-year change for Morgan Heights, CO was -29.9%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Morgan Heights?
Morgan Heights ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Morgan Heights?
That depends on your timeline, not on a headline. What the data says today: Morgan Heights, CO is a seller's market with 2.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Morgan Heights, CO
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Morgan Heights
Nearby markets
Get the Morgan Heights market brief
Get the Morgan Heights, CO market brief
One email: what homes are actually clearing at around $384,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.