The housing market in Morgan, MO County is booming! The median value of homes in the area is $203,320, which is much lower than the US median value of $338,100. The appreciation rate for the region has been rising at an impressive 13.45% over the past year, compared to a national average of 8.27%. This indicates that real estate in Morgan County is an attractive investment opportunity right now. There are plenty of new and existing homes on the market and buyers are finding great deals on properties in this area. The future of the housing industry looks bright for Morgan County as prices continue to rise and more people flock to this desirable part of Missouri.
The median home cost in Morgan County is $203,320. Home appreciation the last 10 years has been 82.6%. Home Appreciation in Morgan County is up 19.7%.
Average Age of Homes
- The median age of Morgan County real estate is 35 years old
The Rental Market in Morgan County
- Renters make up 11.5% of the Morgan County population
- 1.3% 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.