Morganton, GA is a great place to invest in housing. According to the median house value, homes in Morganton are currently valued at $440,000 which is significantly higher than the national median of $338,100. This means that housing prices have been appreciating faster in Morganton than the national average with a 1 year appreciation rate of 17.32%, compared to 8.27% nationally. This makes it an ideal location for those looking to invest in real estate and expect to make a profit off their investments quickly.
The median home cost in Morganton is $440,000. Home appreciation the last 10 years has been 140.7%. Home Appreciation in Morganton is up 22.4%.
Average Age of Homes
- The median age of Morganton real estate is 44 years old
The Rental Market in Morganton
- Renters make up 18.7% of the Morganton population
- 0.0% of houses and apartments in Morganton, 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.