The housing market in Morton, PA is thriving with the median value of $313,100 being much lower than the US House Median Value of $338,100. This means that Morton offers great buying potential for those looking to get into their own home. The US 1 year House Appreciation rate is 8.27%, but the appreciation rate in Morton is even higher at 11.01%. This indicates that the housing market in this area is likely to continue to increase in value and provide a good return on investment.
The median home cost in Morton is $313,100. Home appreciation the last 10 years has been 64.0%. Home Appreciation in Morton is up 12.4%.
Average Age of Homes
- The median age of Morton real estate is 52 years old
The Rental Market in Morton
- Renters make up 33.4% of the Morton population
- 1.0% 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.