The housing market in Morley, MO is a great option for people looking to buy their first home. The median value of housing in the city is $90,600, which is significantly lower than the US median value of $338,100. Recently, there has been a noticeable increase in home appreciation with Morley's one year appreciation rate at 13.66%, much higher than the national average of 8.27%. This makes it an ideal place to invest in real estate as you're almost guaranteed to see a return on your investment.
The median home cost in Morley is $90,600. Home appreciation the last 10 years has been 55.7%. Home Appreciation in Morley is up 15.3%.
Average Age of Homes
- The median age of Morley real estate is 41 years old
The Rental Market in Morley
- Renters make up 16.0% of the Morley population
- 0.0% of houses and apartments in Morley, 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.