Morrison, MN is a great place to live with the median value of housing being $261,900. While this number is lower than the US House Median Value of $338,100, homes in Morrison have appreciated in value more quickly than those across the US, at a rate of 12.38%. This means that owning a home here can be a great investment with potential for growth. The combination of affordability and appreciation make Morrison an attractive option for those looking to purchase a home.
The median home cost in Morrison is $261,900. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Morrison is up 20.4%.
Average Age of Homes
- The median age of Morrison real estate is 48 years old
The Rental Market in Morrison
- Renters make up 13.8% of the Morrison population
- 0.0% of houses and apartments in Morrison, 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.