Housing in Morgan City, LA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$117,000

Median List Price

$145,000

Price Per Sq Ft

$108

Days on Market

100

Active Inventory

32

Months of Supply

6.4

Buyer's market

Zillow Home Value

$126,119

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 12.4%List Price 0.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

11.1%

Sale-to-List Ratio

95.8%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
11.1%
Listings with Price Drops
25.0%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

3

Pending Sales

9

Homes Sold 25.0%New Listings 57.1%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$108

Median List $/SF

$106

Sale $/SF 116.0%List $/SF 1.0%Mar 24Jan 26

Morgan City vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Morgan City is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$146,100

Median Rent

$861

Total Housing Units

5,354

Vacancy Rate

19.2%

Owner Occupied

63.5%

Renter Occupied

36.5%

Median Property Tax

$465

per year

Monthly Cost (w/ Mortgage)

$713

Housing Types

Single Family
76.6%
Multi-Family
17.5%
Mobile Home
5.9%

The current median sale price in Morgan City, LA is $117,000 according to Redfin data. Homes spend a median of 100 days on the market. 20.0% of homes sold above asking price. The market has 6.4 months of supply. The median price per square foot is $108. The median rent is $861 per month (Census ACS). About 63.5% of housing units are owner-occupied. The median year homes were built is 1968. There are 5,354 total housing units.