Morgan City, LA Housing Market
Cold MarketMetro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Morgan City, LA metro area.
Data period: May 2026
Market snapshot
- Median sale price
- $116K
- Median days on market
- 169 days
- Months of supply
- 8.5
- Active inventory
- 102
- Homes sold
- 12
- Sale-to-list ratio
- 85.9%
- Listings with price drop
- 21.6%
- 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
- Slower sales (longer days on market) can mean more time to diligence — but also weaker demand.
- Higher months of supply usually improves buyer leverage on price and terms.
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.
Morgan City, LA market summary
The Morgan City, LA metro area housing market is cooling down. As of May 2026, the median home sale price is $116K, down 25.0% year-over-year. Homes are spending a median of 169 days on the market, 18.2% longer than a year ago.
There are 102 homes for sale — 3.8% fewer than last year. With 8.5 months of supply, this is a buyer's market. 23 new listings were added during this period, up 4.5% year-over-year.
Homes are selling for 85.9% of their list price on average, suggesting room for negotiation. 16.7% of homes sell above their asking price. 21.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
88
Contributing Factors
How This Market Compares
vs. National Median
vs. Louisiana Median
Investor takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 74% 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.
Morgan City, LA market trends
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Detailed market metrics
Median list price
$165K
Price per sq ft
$84
Sale-to-list ratio
85.9%
Months of supply
8.5
Sold above list
16.7%
Price drops
21.6%
New listings
23
↑ 4.5% YoY
Pending sales
18
Off market in 2 weeks
33.3%
Morgan City, LA housing market FAQs
What is the median home price in Morgan City, LA?
For the latest published month, the median sale price in Morgan City, LA is $116K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.
Is Morgan City, LA a buyer's or seller's market?
With about 8.5 months of supply, conditions often favor buyers (inventory is relatively high versus sales pace). That can mean more time to negotiate and compare listings.
How long do homes stay on the market in Morgan City, LA?
For the latest published month, the median days on market in Morgan City, LA is 169 days — half of homes went pending faster and half slower.
Is Morgan City, LA good for rental property investors?
Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Morgan City, LA 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 Morgan City, LA?
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 Morgan City, LA deals.
Compare more Louisiana metro markets
Explore nearby sale-market pace and pricing, then run a shortlist through the rental property calculator.
New Orleans, LA
$302K · 53d on market
Baton Rouge, LA
$283K · 51d on market
Lafayette, LA
$239K · 49d on market
Shreveport, LA
$246K · 56d on market
Lake Charles, LA
$240K · 56d on market
Houma, LA
$225K · 70d on market
Monroe, LA
$257K · 28d on market
Hammond, LA
$237K · 63d on market
National context
Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.
Underwrite a Morgan City, LA 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.