Why Live in Morganton
Morganton, Georgia, nestled within the Appalachian Mountains and adjacent to the Chattahoochee-Oconee National Forest, offers residents a scenic and expansive environment. The area is characterized by its proximity to Blue Ridge, ranging from 5 to 30 minutes away, providing flexibility for those seeking homes either close to or further from the city. Morganton's natural beauty is highlighted by Lake Blue Ridge, where activities such as swimming, boating, and fishing are popular, and Morganton Point offers the only developed campsite along the lake's shore. The community features a variety of home styles, including large lakefront cabins, ranch-style homes, and modern houses, with properties dating back to 1950 and newer builds post-2020. The Mountain Area Christian Academy, a private school with a high rating, serves the educational needs of the area alongside the Fannin County School District. While Morganton's commercial offerings are limited to a Dollar General, a gas station, and a barbecue restaurant, residents often travel to nearby Blue Ridge for more diverse shopping and dining options, including fine dining at Cucina Rustica and homestyle cooking at Circle J Family Steakhouse. Morganton is accessible via State Route 60, connecting to U.S. Route 76, and is approximately 110 miles from Hartsfield-Jackson Atlanta International Airport.
Frequently Asked Questions
What is the average home price in Morganton, GA?
Homes for sale in Morganton, GA have an average home price of $871,841.
Are home prices dropping in Morganton?
Yes, home prices in Morganton are down 6% in the last 12 months.
How many homes have sold over the last 12 months in Morganton, GA?
263 homes have sold in Morganton, GA over the last 12 months.
What are the most popular zip codes in Morganton, GA?
How much do you need to make to afford a house in Morganton?
The median home price in Morganton is $685,000. If you put a 20% down payment of $137,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,540 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $152K a year to afford the median home price in Morganton.
How are the schools in Morganton, GA?
Home Trends in Morganton, GA
On average, homes in Morganton, GA sell after 81 days on the market compared to the national average of 50 days. The median sale price for homes in Morganton, GA over the last 12 months is $599,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$599,000
Median Single Family Sale Price
$647,000
Median Townhouse Sale Price
$740,000
Average Price Per Sq Ft
$342
Number of Homes for Sale
164
Last 12 months Home Sales
263
Median List Price
$685,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-1%
