Morrison, MO is a great place to be for those looking for affordable housing. The median value of houses in Morrison is much lower than the US median at $123,800, making it more cost-effective and accessible to residents. In addition, the one year house appreciation rate in Morrison is higher than the U.S. average at 10.43%, meaning that homeowners can benefit from greater equity in their homes over time. With its low prices and high appreciation rates, Morrison is an ideal location to buy a home or invest in real estate.
The median home cost in Morrison is $123,800. Home appreciation the last 10 years has been 83.2%. Home Appreciation in Morrison is up 19.9%.
Average Age of Homes
- The median age of Morrison real estate is 78 years old
The Rental Market in Morrison
- Renters make up 27.0% 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.