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Main Street in the Morganfield Commercial DistrictPhoto: Nyttend · Public domain
Housing in Morganfield

28 homes sold in Morganfield in the last year, at a typical $181K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Morganfield homes are listed.

Homes sold
28
October 2025 to September 2026
Typical sale price
$181K
median, weighted by sales
Price per square foot
$119
Kentucky $163
Paid vs. asking
97.2%
22% sold over asking
For sale now
12
September 2026 · 1 sold that month
What sold · last 12 months

Houses are 0% of Morganfield’s sales, at a typical — (year to May 2026)

28 homes sold in the year to September 2026.

11 years of sales

More homes sell than most years, at 4 times the 2016 price

28 sales in the last year, against 18 in 2025 and a low of 3 in 2019. The typical sale went from $46K in 2016 to $181K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2015: 3 sold, typical $108K’152016: 9 sold, typical $46K2017: 5 sold, typical $41K’172018: 11 sold, typical $81K2019: 3 sold, typical $67K’192020: 11 sold, typical $71K2021: 4 sold, typical $81K’212022: 10 sold, typical $165K2023: 7 sold, typical $152K’232024: 14 sold, typical $144K2025: 18 sold, typical $161K’25Last 12 months: 28 sold, typical $181KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 11 years of sales

Bidding wars in Morganfield are more common than before the pandemic, and more homes are for sale

We read every month of Morganfield’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 28 sales.

If you’re buying in Morganfield

  • Shop in January. It brings about 1 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
  • Offer under asking. Buyers paid 97.2% of the list price on average; 22% paid over.
  • You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 31 days.
Best time to buy

Winter brings the homes; summer brings the bidding wars

December has the most new listings (about 1 a month), but August is the most competitive: 27% of August sales close over asking. January and February offer nearly as much choice with fewer homes bid up (14%). January has the least competition (14%).

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 1 new listings a month, 14% sold over asking, 31 days to sellJFeb: 1 new listings a month, 18% sold over asking, 49 days to sellFMar: 1 new listings a month, 19% sold over asking, 67 days to sellMApr: 1 new listings a month, 18% sold over asking, 68 days to sellAMay: 1 new listings a month, 14% sold over asking, 68 days to sellMJun: 1 new listings a month, 16% sold over asking, 66 days to sellJJul: 1 new listings a month, 27% sold over asking, 57 days to sellJAug: 1 new listings a month, 27% sold over asking, 77 days to sellASep: 1 new listings a month, 24% sold over asking, 72 days to sellSOct: 1 new listings a month, 16% sold over asking, 403 days to sellONov: 1 new listings a month, 20% sold over asking, 98 days to sellNDec: 1 new listings a month, 15% sold over asking, 46 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Kentucky

Morganfield now2017–192021 peakKY now
Sold over askingShare of sales that closed above the list price22%16%50%16%
Gone within two weeksShare of homes under contract within 14 days30%8%50%34%
Price paid vs. askingAverage sale price ÷ list price97.2%88.9%97.7%97.3%
Days to sellMedian days from listing to contract31692653
Supply

6 homes for sale on a typical day

That’s 5.4 times the 2021 low (1) and 223% more than in 2017–19.

2015: 2 for sale’152016: 4 for sale2017: 2 for sale2018: 2 for sale’182019: 2 for sale2020: 2 for sale2021: 1 for sale’212022: 2 for sale2023: 4 for sale2024: 2 for sale’242025: 6 for saleLast 12 months: 6 for saleNow

Source: Redfin Data Center, city figures, January 2015 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Morganfield home costs about $1,064 a month

Mortgage
Property tax
Insurance
Rent

Price: Morganfield’s typical sale, last 12 months. Property tax at Morganfield’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Morganfield is affordable on local pay is on Cost of living.

Before you buy in Morganfield

Six things worth knowing

1

New listings in December

The month with the most choice. May has the fewest, about 1.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $181K home, about $1,430 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Morganfield, from test results, graduation and how much students grow.

Schools in Morganfield
19 min

Typical commute

The average one-way trip to work for people who live in Morganfield.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Mount Vernon sells for less a square foot

The busier markets within 25 miles of Morganfield, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Henderson271$206K$13720%30
Mount Vernon93$199K$11323%24
Morganfield28$181K$11922%31

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Morganfield, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Morganfield. People who follow the town see it, and so do people comparing Morganfield with their own town. No commission, no listing fee.

Questions about buying a home in Morganfield

What do homes sell for in Morganfield, KY?

28 homes sold in the year to September 2026 at a typical $181K, $119 a square foot.

Is Morganfield a buyer’s or seller’s market?

A buyer’s market: 12 homes were for sale in September 2026 and 1 sold, about 7.1 months of supply. Buyers paid 97.2% of asking on average.

When is the best time to buy in Morganfield?

December brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Morganfield?

About 0.8% of a home’s value a year. On a $181K home that’s near $1,430.

Where can I see homes for sale in Morganfield?

Zillow, Redfin, Realtor.com and Homes.com all carry Morganfield’s MLS listings; the search links above open each one filtered to Morganfield.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).