The housing market in Morris, OK is booming! The median value of a home in Morris, OK is $159,300, which is significantly lower than the US house median value of $338,100. However, the 1 year appreciation rate for homes in Morris, OK is a whopping 13.34%, nearly 5% higher than the national average of 8.27%. Clearly there has been significant investment and growth in this area that make it an attractive option for potential homeowners.
The median home cost in Morris is $159,300. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Morris is up 14.5%.
Average Age of Homes
- The median age of Morris real estate is 35 years old
The Rental Market in Morris
- Renters make up 35.7% of the Morris population
- 2.4% of houses and apartments in 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.