Fort Morgan, CO Housing Market

Cold Market

Metro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Fort Morgan, CO metro area.

Data period: May 2026

Market snapshot

Median sale price
$335K
Median days on market
50 days
Months of supply
4.2
Active inventory
139
Homes sold
33
Sale-to-list ratio
97.0%
Listings with price drop
32.4%
Data month
May 2026

Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.

Rental Investor Snapshot

Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.

Market temperature
Cooling
Buyer leverage
High
Pricing signal vs. U.S. median
Easier buy-in vs. U.S. median (price only)
Investor fit (heuristic)
Buy-in vs. U.S. · Negotiation

Watch-outs

  • Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.

Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Fort Morgan, CO market summary

The Fort Morgan, CO metro area housing market is cooling down. As of May 2026, the median home sale price is $335K, up 14.3% year-over-year. Homes are spending a median of 50 days on the market, 23.1% shorter than a year ago.

There are 139 homes for sale — 14.2% fewer than last year. With 4.2 months of supply, this is a balanced market. 47 new listings were added during this period, down 2.1% year-over-year.

Homes are selling for 97.0% of their list price on average, suggesting room for negotiation. 15.2% of homes sell above their asking price. 32.4% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

86

Contributing Factors

Months of Supply 4.2
Days on Market 50
Price Drops 32.4%
Sale-to-List Ratio 97.0%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $450K) 25.5%
Days on Market (National: 42) 19.0%
Inventory (National: 1,460,440) 100.0%

vs. Colorado Median

Median Price (Colorado: $617K) 45.7%
Days on Market (Colorado: 35) 42.9%

Investor takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 26% below the national median on this sale snapshot — that can mean lower buy-in, but cash flow still depends on local rent, financing, and expenses.

Fort Morgan, CO market trends

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Detailed market metrics

Median list price

$410K

Price per sq ft

$192

Sale-to-list ratio

97.0%

Months of supply

4.2

Sold above list

15.2%

Price drops

32.4%

New listings

47

2.1% YoY

Pending sales

47

Off market in 2 weeks

31.9%

Fort Morgan, CO housing market FAQs

What is the median home price in Fort Morgan, CO?

For the latest published month, the median sale price in Fort Morgan, CO is $335K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.

Is Fort Morgan, CO a buyer's or seller's market?

With about 4.2 months of supply, the market is often closer to balanced — neither extreme scarcity nor extreme surplus.

How long do homes stay on the market in Fort Morgan, CO?

For the latest published month, the median days on market in Fort Morgan, CO is 50 days — half of homes went pending faster and half slower.

Is Fort Morgan, CO good for rental property investors?

Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Fort Morgan, CO can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.

How should investors analyze a rental property in Fort Morgan, CO?

Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Fort Morgan, CO deals.

National context

Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.

Underwrite a Fort Morgan, CO deal with real numbers

Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.