Mount Morris, MN is a great place to live if you're looking for a home with good value. The median value of homes in the area is $399,300, which is slightly higher than the US median value of $338,100. Over the past year, house prices in Mount Morris have appreciated by 7.75%, slightly lower than the national appreciation rate of 8.27%. Investing in housing in Mount Morris could be an excellent opportunity for anyone looking to get into a higher-value home.
The median home cost in Mount Morris is $399,300. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Mount Morris is up 13.6%.
Average Age of Homes
- The median age of Mount Morris real estate is 33 years old
The Rental Market in Mount Morris
- Renters make up 14.9% of the Mount Morris population
- 0.0% of houses and apartments in Mount Morris, 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.