Fort Morgan, CO housing market
The typical Fort Morgan home is worth about $329,000, about the same as a year ago, 38% below the Colorado typical home. Homes typically sell in 69 days, below asking.
Home values, sales, trends and how Fort Morgan compares with the towns next door — updated as new data is published.
Fort Morgan at a glance
A balanced market
About 5.2 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Fort Morgan | Colorado |
|---|---|---|
| 2017 | $178,000 | $339,000 |
| 2018 | $200,000 | $366,000 |
| 2019 | $222,000 | $389,000 |
| 2020 | $240,000 | $406,000 |
| 2021 | $267,000 | $444,000 |
| 2022 | $310,000 | $523,000 |
| 2023 | $323,000 | $548,000 |
| 2024 | $318,000 | $549,000 |
| 2025 | $332,000 | $555,000 |
| 2026 | $328,000 | $542,000 |
| August 2026 | $329,000 | $533,000 |
17 new homes permitted in 2025
Builders were permitted 17 new homes in Fort Morgan in 2025: 15 single-family houses and 2 in buildings with two or more homes, worth about $5.6 million to build. That's 1.5 per 1,000 residents, slower than across Colorado (6.9). Over the past 10 years, Fort Morgan has permitted 393 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Fort Morgan gained 282 residents while 79 new homes were permitted: about 3.6 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Colorado: 2.5 new residents per new home.
How Fort Morgan ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $344,000 |
| 2025 | 17 | 15 | 2 | $5.6 million |
| 2024 | 166 | 18 | 148 | $32.7 million |
| 2023 | 65 | 17 | 48 | $7.9 million |
| 2022 | 50 | 5 | 45 | $5 million |
| 2021 | 63 | 11 | 52 | $6.6 million |
| 2020 | 12 | 8 | 4 | $1.6 million |
| 2019 | 2 | 2 | 0 | $530,000 |
| 2018 | 13 | 11 | 2 | $2.3 million |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 5 | 5 | 0 | $924,000 |
| 2015 | 54 | 0 | 54 | $7.7 million |
| 2014 | 2 | 0 | 2 | $200,000 |
| 2013 | 1 | 1 | 0 | $255,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 2 | 2 | 0 | $200,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 4 | 2 | 2 | $164,000 |
| 2008 | 2 | 2 | 0 | $104,000 |
| 2007 | 8 | 8 | 0 | $416,000 |
| 2006 | 12 | 10 | 2 | $683,000 |
| 2005 | 13 | 13 | 0 | $882,000 |
| 2004 | 12 | 10 | 2 | $527,000 |
| 2003 | 12 | 10 | 2 | $893,000 |
| 2002 | 11 | 9 | 2 | $824,000 |
| 2001 | 10 | 8 | 2 | $754,000 |
| 2000 | 12 | 8 | 4 | $1.3 million |
How Fort Morgan ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
5.1 years of income
The typical Fort Morgan home costs about 5.1 years of the town's median household income, less than across Colorado (5.6 years).
How Fort Morgan ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,930
HUD's Fair Market Rent for a two-bedroom in Fort Morgan is $1,930 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Fort Morgan pay a median of $1,067, so moving in tends to cost more than staying put. A two-bedroom takes about 36% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,480 · 4 bedrooms $2,820
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (80701; Denver-Aurora-Centennial, CO MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Fort Morgan
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.