The housing market in Morley, IA is strong compared to the US overall. The median value of a house in Morley is $85,400 which is significantly lower than the national median of $338,100. In the past year, house appreciation in Morley has seen an increase of 4.75%, while the national average for house appreciation was 8.27%. This means that those who have decided to invest into the Morley housing market are seeing good returns without having to take on too much risk.
The median home cost in Morley is $85,400. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Morley is up 11.4%.
Average Age of Homes
- The median age of Morley real estate is 78 years old
The Rental Market in Morley
- Renters make up 21.1% of the Morley population
- 0.0% of houses and apartments in Morley, 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.