Buildocrat US Land Value Book

Land and home values in Morgan County, Alabama

Morgan County (metro core, Decatur, AL) covers 580 square miles and 31 census tracts. Residential land is about $2.98 per sq ft at the county median, from $1.48 in its most rural tracts to $5.59 in its most valuable. The typical home is worth about $225,000 and a 2-bedroom rents for about $1,010 a month, as of October 12, 2026.

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County values

Land: residential$2.98per sq ft
Land: residential$129,635per acre
Land: quarter-acre lot$32,40910,890 sq ft
Land: farmland$7,400per acre
Home: typical (median)$225,000value
Home: entry-level$132,000lower quartile
Home: upper-end$342,000upper quartile
Build new$157per sq ft, no land
Rent: 1-bedroom$815per month
Rent: 2-bedroom$1,010per month
Rent: 3-bedroom$1,320per month
Rent: 4-bedroom$1,640per month
Gross yield, 2-bed5.4%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Top tier4$4.99$291,000$1,000
Upper8$3.64$261,000$1,040
Mid10$2.81$207,000$1,080
Entry9$2.32$170,000$955

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Cities and towns

Highest-value places

PlaceTypeLand $/sq ftTypical home
Old Decatur Historic DistrictSubdivision$4.41$221,000
Sherwood EstatesNeighborhood$4.19$259,000
Grenada ApartmentsSubdivision$3.83$192,000
BrookmeadeNeighborhood$3.70$186,000
TrinityTown$3.29$303,000
PricevilleTown$3.26$286,000
DecaturCity$3.09$225,000
BaysideNeighborhood$2.99$163,000

Questions people ask

How much is land worth in Morgan County, AL?

Residential land in Morgan County, AL is about $2.98 per square foot, or $129,635 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $32,409. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Morgan County, AL?

The typical (median) home in Morgan County, AL is worth about $225,000, with entry-level homes around $132,000 and upper-end homes around $342,000, as of October 2026.

How much is rent in Morgan County, AL?

A 2-bedroom rents for about $1,010 a month in Morgan County, AL, a 1-bedroom about $815 and a 3-bedroom about $1,320 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Morgan County, AL?

Farmland averages about $7,400 an acre in Morgan County, AL (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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