Is it a buyer's or a seller's market? Six dials, updated monthly — speed, supply and seller behaviour, not just prices.
Sellers are cutting prices on about 1 in 4 Morgan City listings, and the typical home goes pending in 70 days — the market is roughly in balance.
Zillow's own model expects Morgan City home values to change +1.3% over the year to Sep 2027. A forecast, not a promise — it is revised every month, and Zillow publishes it with that caveat.
to buy the typical home at today's mortgage rate — +$190 (+41%) since Jan 2020.
- 1 year
- Up $4,175 +3%
- $121,260$125,435 since Sep 2025
- 5 years
- Down $8,965 -7%
- $134,400$125,435 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Morgan City$658
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Morgan City, LA rose 3.4% over the past year — faster than the nation's +1.2%.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Morgan City22.95%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Morgan City172
New listings per month
Sellers arriving at the market.
- Morgan City28
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Morgan City$147,571
- United States$371,407