The story of this market
The typical home in ZIP 80701 sells for about $350,000, or $165 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,350 a month.
ZIP 80701 — Fort Morgan
The Fort Morgan housing market remains stable with steady demand and moderate price appreciation. Limited inventory continues to support current pricing levels, though the market remains sensitive to broader economic shifts in the agricultural sector.
This area is well-suited for families and local workers seeking a more affordable cost of living compared to the Denver metro area, while offering a small-town community atmosphere.
Median prices moved up 2.5% year over year.
Homes spend a median of 45 days on market with 4.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 16.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 80701, Morgan County CO
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Public schools in the area, such as Pioneer and Green Acres Elementary, generally hold mid-range ratings in the 5/10 range.
The region is subject to standard Colorado plains weather risks, including high winds and occasional severe storm activity.
Fort Morgan serves as a regional hub for Morgan County with a stable agricultural and industrial economic base.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Colorado) — Statutory Agricultural Land Reclassification and Improvement Valuation: Under C.R.S. § 39-1-102(1.6)(a)(I), up to two acres of land directly underlying a residential improvement on agricultural parcels are segregated and assessed at residential rates (6.80% / 7. State (Colorado) — Senior and Disabled Veteran Property Tax Homestead Exemption: Exempts 50% of the first $200,000 of actual market value of the qualifying primary residential parcel from property taxation (a maximum actual value deduction of $100,000). State (Colorado) — Colorado Split Residential Property Tax Assessment Rate Structure: Imposes annual ad valorem property taxes determined using a bifurcated assessment rate system. Assessed Value = Actual (Market) Value × Assessment Rate. Beginning for tax years 2025/2026, residential property is assessed at 6.
The area is primarily car-dependent, with I-76 serving as the main corridor for regional travel toward the Denver metro area.
Local amenities include Riverside Park and various community facilities, with access to the South Platte River for outdoor activities.
The rental market is characterized by steady demand from the local workforce, with limited new multi-family inventory.
The economy is anchored by agriculture, food processing, and regional services, providing a stable employment base for the county.
I-76 provides the primary transit link to the Denver metropolitan area, with limited public transit options within the city.
Development is focused on modest residential expansion and infrastructure maintenance to support the growing population.
The Morgan County Assessor manages property valuations based on biennial cycles in accordance with Colorado state statutes.
Parcels are subject to Morgan County School District RE-3 and various local utility and fire protection districts.
Property insurance premiums are influenced by regional wildfire and hail risk profiles common to the Colorado plains.
Colorado operates as a public trustee state, utilizing a non-judicial foreclosure process with specific notice and cure periods.
Colorado requires sellers to provide a written property disclosure form covering known material defects.
Data sourced from US Census Bureau and World Population Review.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- I-76 Speedway4.714.9 mi
- The Block: Commissary Kitchen & Events4.214.7 mi
- Fort Morgan Museum4.714.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major community park featuring trails and recreational space.
Local history and cultural exhibits.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.