Morton, MS is a great place to buy a home. The median housing value in Morton is much lower than the US median at $73,800 compared to $338,100 respectively. Furthermore, the house appreciation rate in Morton is significantly higher than the national average with 16.65% compared to 8.27%. This makes Morton an attractive area for potential home buyers looking for an affordable home with good appreciation potential.
The median home cost in Morton is $73,800. Home appreciation the last 10 years has been 45.0%. Home Appreciation in Morton is up 15.2%.
Average Age of Homes
- The median age of Morton real estate is 44 years old
The Rental Market in Morton
- Renters make up 27.1% of the Morton population
- 3.3% of houses and apartments in Morton, 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.