The median home value in Morganfield, KY is $129,000. This is higher than the county median home value of $91,500. The national median home value is $308,980. The average price of homes sold in Morganfield, KY is $129,000. Approximately 62% of Morganfield homes are owned, compared to 30% rented, while 9% are vacant. Morganfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Morganfield real estate agent to arrange a tour today! Learn more about Morganfield Real Estate.