Housing in Morning Sun, IA is an attractive option for potential buyers. The median value of homes in the area is $123,300, which is significantly lower than the national median of $338,100. In addition to being more affordable, this area also offers a higher rate of appreciation than the national average. In the past year alone the US house appreciation was 8.27%, while Morning Sun's houses appreciated by 11.61%. This makes investing in this area a smart decision that can potentially yield great returns on investment.
The median home cost in Morning Sun is $123,300. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Morning Sun is up 15.1%.
Average Age of Homes
- The median age of Morning Sun real estate is 74 years old
The Rental Market in Morning Sun
- Renters make up 16.8% of the Morning Sun population
- 0.0% of houses and apartments in Morning Sun, 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.