Housing in Morrill, NE is very affordable compared to the national median housing value. According to statistics, the median home value in Morrill, NE is $125,600 whereas the US house median value is $338,100. The US 1 year house appreciation rate is 8.27% while in Morrill, NE it is 10.45%. This indicates that housing prices in Morrill are appreciating faster than the national average, making them an attractive investment opportunity for many people. The affordability of housing makes Morrill a great option for those looking to purchase a home or invest in real estate.
The median home cost in Morrill is $125,600. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Morrill is up 15.2%.
Average Age of Homes
- The median age of Morrill real estate is 60 years old
The Rental Market in Morrill
- Renters make up 23.0% of the Morrill population
- 3.3% of houses and apartments in Morrill, 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.