Morton, TX is a small town located in Texas with a population of just under 1,000 people. The town has an average housing median value of $63,500. Although this is significantly lower than the US House Median Value of $338,100, it is still relatively high for such a small town. In addition to this, the one year house appreciation rate in Morton was 16.22%, which was much higher than the US 1 year House Appreciation rate of 8.27%. This shows that there is a strong market for homes in Morton and that property values are likely to continue to rise over time.
The median home cost in Morton is $63,500. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Morton is up 19.7%.
Average Age of Homes
- The median age of Morton real estate is 53 years old
The Rental Market in Morton
- Renters make up 13.3% of the Morton population
- 0.9% 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.