Metropolitan market · Louisiana · September 2026 data

What is the Morgan City, LA real estate market doing?

As of September 2026, the median home listed in Morgan City, LA asks $181,425, up 5.0% year over year. Homes spend a median of 106 days on market, with 133 active listings and 23% carrying a price cut; pending contracts equal 18% of active listings, and inventory sits at 82% of the same month in 2019 — a buyer's market. Figures come from public records and industry data, updated monthly.

Median listing price
$181,425
▲ 5.0% YoY
Median $ / sq ft
$106
1,805 sq ft median
Median days on market
106
September 2026
Active listings
133
For sale now
New listings
16
September 2026
Listings with price cuts
23%
Share of active
Inventory vs 2019
82%
Same month, 2019 = 100
Pending / active
18%
Contract activity
Median sale price (closed)
$184,000
▲ 22.7% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
16
Closed sales · July 2026, seasonally adjusted

What is the Morgan City, LA housing market doing right now?

The Morgan City, LA housing market lists at a $181,425 median as of September 2026, up 5.0% year over year, with a 106-day median market time and 133 homes for sale (23% with a price cut). Active inventory is 82% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule.

Morgan City housing market statistics

The table summarizes Morgan City's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Morgan City.

Morgan City, LA housing market at a glance — September 2026
MetricLatestDetail
Median listing price$181,425+5.0% YoY
Median price per sq ft$1061,805 sq ft median
Median days on market106+20% YoY
Active listings133-6% YoY
New listings this month16September 2026
Listings with a price cut23%Share of active
Median sale price (closed)$184,000+22.7% YoY · closed sales, July 2026
Sale-to-list ration/aNon-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Pending-to-active ratio18.1%24 pending
Inventory vs 201982%Active listings vs same month in 2019

How have home prices changed in Morgan City?

Morgan City home prices are up 5.0% year over year and -1.9% month over month as of September 2026, at a $181,425 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$205K$197K$189K$181K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Morgan City LA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$205K$188K$172K$156K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Morgan City LA · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Morgan City?

Morgan City has 133 active listings, 16 new this month, 24 pending as of September 2026. About 23% of active listings have cut their price, and inventory sits at 82% of its 2019 level — a buyer's market by pace.

Active listings
133
New this month
16
Pending
24
Price-reduced
29

Is Morgan City a good real estate investment?

Morgan City scores 60/100 on WealthyBud's composite Investor Score, ranking #257 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
60/100
#257 of 933 covered metros
12-month outlook
+1.7%
Flat · model output, not advice
Momentum
46
Value
88
Rental yield
90
Supply risk
41
Market heat
6

Morgan City scores 60/100 on our composite Investor Score (#257 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 82% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 5.0% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Morgan City ranks on the trending markets index.

How much is a monthly mortgage payment in Morgan City?

A home at Morgan City's $181,425 median listing runs about $993 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$896/mo
−$97/mo vs today
At today's rate · 7.28%
$993/mo
National weekly average
If rates rise 1% · 8.28%
$1,093/mo
+$100/mo vs today

Principal & interest on the $181,425 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Morgan City?

To buy Morgan City’s $181,425 median listing with 20% down, a household needs about $45,000 a year in gross income, keeping principal, interest and property tax ($1,054/mo) at 28% of income. The area’s median household income is $51,768, so the median listing is within reach of a typical Morgan City household on these terms.

Income needed to buy the median home in Morgan City, LA — September 2026
ItemAmountBasis
Median listing price$181,425September 2026
Down payment (20%)$36,285Assumption
Principal & interest (7.28%, 30-yr fixed)$993/moRate as of 2026-10-01
Property tax (0.40% effective rate)$60/moCensus ACS
Income needed (28% rule)$45,000Gross household income / yr
Median household income$51,768Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Morgan City housing market?

Longer-run demand in Morgan City shows up in 68 homes permitted in 2025; net migration of -587 residents. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
68
▲ 83.8% vs 2024
1.4 per 1,000 residents
Net migration (2022–2023)
-587
▼ people, via tax-return records
net income flow −$14.6M/yr
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Hurricane

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Morgan City housing market FAQ

What is the median home price in Morgan City?
As of September 2026, the median listing price in Morgan City, LA is $181,425, up 5.0% year over year (source: public records and industry data). Figures cover the Morgan City, LA metro area.
How much does it cost to buy a home in Morgan City?
The median home listed in Morgan City asks $181,425 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $993 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Morgan City?
The median property in Morgan City spends 106 days on the market, with 133 homes actively listed and 23% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Morgan City?
With a median 106 days on market and 23% of active listings carrying a price cut, pending contracts at 18% of active listings, Morgan City reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Morgan City a good place to invest in real estate?
Morgan City scores 60/100 on WealthyBud's Investor Score, ranking #257 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Morgan City?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Morgan City and the wider Louisiana market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Morgan City, LA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Louisiana housing markets

Jasper Lindqvist Commercial Real Estate Analyst

Jasper Lindqvist is a commercial real estate analyst who covers office, retail and industrial property trends, cap rates and vacancy using public REIT filings and market reports. He focuses on how commercial demand shifts ripple into residential markets.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.