Morcom, MN is a great place to buy a home with its median value of $199,300. This is significantly lower than the US House Median Value of $338,100. Additionally, it has seen a higher house appreciation rate than the national average over the last year with an increase of 13.08%, compared to 8.27% nationally. With these figures in mind, it is clear that Morcom provides an excellent opportunity for prospective homeowners looking for an affordable and quickly appreciating property investment.
The median home cost in Morcom is $199,300. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Morcom is up 13.2%.
Average Age of Homes
- The median age of Morcom real estate is 39 years old
The Rental Market in Morcom
- Renters make up 1.2% of the Morcom population
- 0.0% of houses and apartments in Morcom, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.