Morgan Heights, CO is a desirable location for many homebuyers due to its high median housing value of $467,700. This is significantly higher than the United States median housing value of $338,100. Not only does Morgan Heights have a higher median housing value than the US average, but it also has a higher one-year house appreciation rate. The US one-year house appreciation rate is 8.27% while Morgan Heights has an impressive 15.81% appreciation rate. With such encouraging rates and values, Morgan Heights is an attractive option for potential homebuyers looking to invest in a property with long-term gains in value.
The median home cost in Morgan Heights is $467,700. Home appreciation the last 10 years has been 118.5%. Home Appreciation in Morgan Heights is up 19.9%.
Average Age of Homes
- The median age of Morgan Heights real estate is 40 years old
The Rental Market in Morgan Heights
- Renters make up 15.0% of the Morgan Heights population
- 0.0% of houses and apartments in Morgan Heights, 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.