Mount Morris, PA is a great place to live when it comes to housing. The median house value in the area is $172,500, which is significantly lower than the US median of $338,100. The area has seen an appreciation rate of 5.30% over the last year, which is slightly below the national average of 8.27%. This makes Mount Morris an attractive place for those looking for a good value when investing in real estate.
The median home cost in Mount Morris is $172,500. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Mount Morris is up 10.9%.
Average Age of Homes
- The median age of Mount Morris real estate is 59 years old
The Rental Market in Mount Morris
- Renters make up 22.0% of the Mount Morris population
- 0.0% of houses and apartments in Mount Morris, 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.