The housing market in Morgan, MN is thriving. The median value of homes in Morgan is $95,500, which is significantly lower than the US median value of $338,100. In the past year, the appreciation rate for homes in Morgan has been an impressive 13.39%, while the US rate was 8.27%. This suggests that the housing market in Morgan is a strong one with solid prospects for growth moving forward.
The median home cost in Morgan is $95,500. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Morgan is up 12.6%.
Average Age of Homes
- The median age of Morgan real estate is 58 years old
The Rental Market in Morgan
- Renters make up 20.7% of the Morgan population
- 7.6% of houses and apartments in Morgan, 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.