The housing market in Morgan Farm, TX is very strong. The median value of a house in Morgan Farm is $189,700, which is significantly lower than the US median of $338,100. However, the appreciation rate of houses in Morgan Farm has increased 13.46% in the past year compared to 8.27% nationally. This indicates that Morgan Farm is an attractive market for potential home buyers and investors alike.
The median home cost in Morgan Farm is $189,700. Home appreciation the last 10 years has been 83.2%. Home Appreciation in Morgan Farm is up 14.1%.
Average Age of Homes
- The median age of Morgan Farm real estate is 35 years old
The Rental Market in Morgan Farm
- Renters make up 0.0% of the Morgan Farm population
- 0.0% of houses and apartments in Morgan Farm, 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.