The housing market in Morton, WA is quite strong, with a median value of $348,700. This is slightly higher than the US median value of $338,100. Additionally, the 1 year house appreciation rate in Morton, WA is 6.79%, which is lower than the US average of 8.27%. Despite this lower rate of house appreciation, the overall housing market in Morton remains stable and relatively high compared to other areas of the country.
The median home cost in Morton is $348,700. Home appreciation the last 10 years has been 149.1%. Home Appreciation in Morton is up 13.6%.
Average Age of Homes
- The median age of Morton real estate is 65 years old
The Rental Market in Morton
- Renters make up 38.9% of the Morton population
- 3.0% 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.