The housing market in Morris, CT is thriving. The median value of houses in Morris is $423,000, compared to the U.S. House Median Value at $338,100. With a 1-year house appreciation rate of 11.76%, Morris housing prices have grown faster than the U.S average of 8.27%. This has made the area an attractive option for those seeking to invest in real estate or buy a primary residence in a growing market.
The median home cost in Morris is $423,000. Home appreciation the last 10 years has been 52.2%. Home Appreciation in Morris is up 13.4%.
Average Age of Homes
- The median age of Morris real estate is 53 years old
The Rental Market in Morris
- Renters make up 10.9% of the Morris population
- 0.0% of houses and apartments in 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.