Morgan township, MN Housing


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United States / Minnesota / No Metro Area / Redwood County / Morgan township / Zip Codes
Morgan township, MN has a median housing value of $220,800, which is significantly lower than the US median house value of $338,100. Despite this lower value, the houses in Morgan township have seen a higher annual appreciation rate over the past year at 13.39%, compared to the national average of 8.27%. This suggests that prices in Morgan township are increasing faster than the national average and could indicate potential growth opportunity in the area.

The median home cost in Morgan township is $220,800. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Morgan township is up 12.6%.

Average Age of Homes
- The median age of Morgan township real estate is 47 years old
The Rental Market in Morgan township
- Renters make up 5.4% of the Morgan township population
- 0.0% of houses and apartments in Morgan township, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMorgan township, MinnesotaUnited States
  105.0139,647,020.0
  5042
  $220,800$338,100
  12.6%16.6%
  42.7%57.0%
  60.2%101.1%
  $10.10$10.98
  $1,643$2,690
  68.6%57.4%
  9.5%11.2%
  21.9%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  9.5%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  1.4%2.4%
  4.2%2.8%
  2.8%3.9%
  0.0%4.5%
  18.1%11.3%
  22.2%13.0%
  20.8%20.1%
  16.7%13.6%
  5.6%8.3%
  8.3%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  2.9%13.6%
  2.9%13.6%
  12.4%13.6%
  12.4%13.2%
  21.0%14.8%
  12.4%13.6%
  10.5%10.0%
  2.9%4.7%
  30.5%12.2%
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