Morgan, PA—15064
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morgan, PA
As of Oct '25, the median home price in Morgan, PA is $148,000, with a year-over-year change of 2.0%. This indicates that home prices in Morgan, PA are increasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $148,000 | 2.0% |
| Single Family | $148,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Morgan, PA
Morgan, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Morgan, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Morgan, PA is 83. This is a decrease of -69.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $119,000 | -69.0% |
Listing Count | 3 | 67.0% |
| Listings as % of Homes | 1.9% | 67.0% |
Days on Market | 83 | -69.0% |
Demographics — Morgan, PA
As of the latest ACS Survey released in 2023, Morgan, PA has a population of 348, which has increased by 9.4% over the past 5 years. Morgan, PA is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 0.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 348 | 9.4% |
% Under 18 | 25.0% | 93.8% |
% Seniors | 24.7% | 112.9% |
% WFH | 0.0% | N/A |
% w/ College Degree | 0.0% | -100.0% |
As of the latest ACS Survey released in 2023, Morgan, PA is a predominantly white area, with 75.9% of the population identifying as white. The white population has shrunk by 24.1% in the last 5 years. The second most common race or ethnicity in Morgan, PA is black, making up 18.7% of the population. Foreign-born residents account for 0.0% of the population in Morgan, PA, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.9% | -24.1% |
% Black | 18.7% | ∞% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Morgan, PA
Morgan, PA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Morgan, PA
Morgan, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,300 |
| 2 Bedroom | N/A | N/A | $1,560 |
| 3 Bedroom | N/A | N/A | $1,990 |
| 4 Bedroom | N/A | N/A | $2,140 |
Affordability — Morgan, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $148,000 |
| Median Household Income | N/A |