Fort Morgan, CO 80701 Homes for Sale: Prices, Inventory, and What’s Moving the Market

Zillow’s home value index puts the typical Fort Morgan home at $324,749, down 3.7% over the past year as of late April 2026. Redfin’s July 2, 2026 snapshot of 80701 shows a $424,010 median sale price, and Movoto’s June 2026 read shows a $385,000 median list price with homes spending a median of 60 days on market, down 9% from a year earlier. The three figures disagree because they measure different things: a repeat-sales index, closed sales, and current asking prices. Underneath all three, the county’s largest employer has been under a labor lockout since May 20, so demand here right now depends on more than price alone.

What’s for sale in 80701 right now

fort morgan listings

Current inventory spans in-town single-family homes, farm and acreage parcels, new construction, and older fixer properties, detailed by price band in the table below. Two active listings carry documented price reductions: 824 Deuel St cut $6,500 on June 13, and a rural acreage listing at 21049 County Road P cut $25,400 on May 21. Listing counts vary by portal because each crawls the MLS feed on its own schedule, so a count quoted today may already be stale by the time you check it yourself.

Is 80701 the same as Fort Morgan city limits?No. The ZIP code covers about 607.6 square miles, split roughly 76% Morgan County and 24% Adams County, and includes unincorporated places such as Trail Side, Blue Sky, Morgan Heights, Saddle Ridge, and Log Lane Village alongside the city of Fort Morgan itself. Confirm city water, sewer, and service availability separately from the mailing address.

80701 covers more than the city

zip code boundary map

A property with an 80701 mailing address on a county road may sit outside Fort Morgan’s municipal service area even though it appears in the same search results as a home three blocks from downtown. The ZIP is not a proxy for city limits, and treating it as one is the most common way an out-of-area buyer misjudges what they’re actually purchasing.

What homes cost in 80701, by type

housing type price table

Housing type Typical price range Typical lot Notes
In-town single-family $275,000 to $425,000 Standard city lot City water/sewer; closer to schools and downtown
Farm and acreage $200,000 to $600,000 Several to 40+ acres May sit outside city services; well/septic common
New construction / larger homes $550,000 to $700,000 0.2 to 0.5 acre Concentrated in newer subdivisions such as Trailside
Older or fixer homes $90,000 to $230,000 Standard city lot Frequently the longest days-on-market segment

The spread inside one ZIP is wide enough that an acreage parcel and an in-town starter home can carry the same 80701 address and differ in price by half a million dollars. A flat median hides which segment a given listing actually falls into.

Why the portals don’t agree on the price

market data comparison

Redfin’s Morgan County report showed a $360,000 median in February 2026, up 28.6% year over year – that’s a county figure, not an 80701 figure, and it isn’t directly comparable to the ZIP-level numbers above. When a source quotes “Fort Morgan” data, check whether it means the city, the ZIP, or the county before comparing it to anything else.

How much down payment do I need to buy in 80701?At Movoto’s reported $385,000 median list price, 20% down is $77,000 and 25% down is $96,250. Actual qualifying income depends on your loan program, rate, and existing debt.

Is this a buyer’s or seller’s market right now?

buyer seller market

The evidence points toward more room for buyers than the median price alone suggests. Days on market fell to a median of 60 in June 2026, yet two active listings carry five-figure price cuts within the past month, and the County Road P acreage parcel dropped $25,400 in a single adjustment on May 21. A shortening median alongside visible cuts on individual listings reads as well-priced homes moving faster while overpriced ones get corrected, not a uniform shift toward sellers.

Is now a good time to sell in 80701?Pricing accurately from the start matters more here than the 60-day median suggests: homes that need a mid-listing cut are taking materially longer, based on the two current price-reduced listings above.

Buying in 80701 as a rental investor

rental investment property

Rentable.co lists 80701 two-bedroom rents around $1,620 a month, one-bedrooms around $950, and studios around $775. Broader city-wide rent averages from other sources range from roughly $850 to over $2,000 for comparable units, a spread wide enough that no single city-wide average is safe to underwrite a specific property against. No published, dated cap-rate figure exists for Fort Morgan specifically.

Can I invest in Fort Morgan rental property?Yes, but pull comps for the exact block. Available rent data for 80701 disagrees by close to a factor of two depending on source.

What’s driving demand: jobs, commute, and a live labor dispute

cargill fort morgan plant

Cargill’s Fort Morgan beef plant employs roughly 2,100 people and is the county’s largest employer. As of May 20, 2026, Cargill locked out its union-represented workforce after contract talks broke down; the wage proposal on the table runs $24.20 to $32.10 an hour over a five-year term. The dispute remains unresolved as of this writing and is the single most relevant local economic fact for anyone buying, selling, or renting here right now. Separately, Cargill has been building worker housing near the plant specifically to shorten commutes that had been running up to an hour each way. For everyone else, Fort Morgan sits about 74 miles from Greeley and about 82 miles from Denver via I-76.

Why do different sites show different numbers of homes for sale in 80701?Each portal pulls from the MLS feed on its own crawl schedule, so counts a day or two apart won’t match; no single count is more current by default.

Common mistakes when searching “80701” listings

common home search mistakes

  • Comparing stale portal counts. A count from one site today may already differ from another taken a few days later.
  • Treating a single quoted median as the market. Whether a source means list price, sale price, city, or county changes the figure by tens of thousands of dollars.

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