Morgan County, IN Housing

The housing market in Morgan, IN County is very strong. The median value of houses in the county is $245,300, which is significantly lower than the US median house value of $338,100. In the last year, house appreciation in Morgan County has been even higher than the national average. At 9.67%, homes in Morgan County have increased substantially in value over the past year compared to the 8.27% appreciation rate across the US.

The median home cost in Morgan County is $245,300. Home appreciation the last 10 years has been 95.7%. Home Appreciation in Morgan County is up 17.9%.

Average Age of Homes

- The median age of Morgan County real estate is 36 years old

The Rental Market in Morgan County

- Renters make up 21.7% of the Morgan County population
- 2.1% of houses and apartments in Morgan County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Morgan, Indiana	United States
	29,175.0	139,647,020.0
	41	42
	$245,300	$338,100
	17.9%	16.6%
	66.2%	57.0%
	95.7%	101.1%
	$5.04	$10.98
	$871	$2,690
	75.4%	57.4%
	7.7%	11.2%
	16.9%	31.4%
Vacant Housing
	2.1%	1.9%
	0.1%	0.4%
	0.4%	0.7%
	0.4%	0.4%
	0.5%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	2.2%	2.4%
	2.4%	2.8%
	4.1%	3.9%
	5.9%	4.5%
	20.9%	11.3%
	22.1%	13.0%
	21.8%	20.1%
	10.8%	13.6%
	3.6%	8.3%
	2.0%	9.7%
	0.4%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	14.1%	13.6%
	14.1%	13.6%
	21.2%	13.6%
	8.4%	13.2%
	13.2%	14.8%
	21.2%	13.6%
	9.5%	10.0%
	4.8%	4.7%
	11.9%	12.2%

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