Morton, MN is an ideal place to purchase a home. The median value of houses in Morton is $128,700, which is much lower than the US House Median Value of $338,100. In addition to the lower price point, homes in Morton have seen an appreciation rate of 13.39%, which is higher than the national average of 8.27%. This makes investing in real estate in Morton a great option and ensures that homeowners are likely to see a good return on their investment over time.
The median home cost in Morton is $128,700. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Morton is up 12.6%.
Average Age of Homes
- The median age of Morton real estate is 64 years old
The Rental Market in Morton
- Renters make up 25.8% of the Morton population
- 0.0% of houses and apartments in Morton, 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.