Morgan County, TN Housing

Morgan, TN County has seen a considerable growth in housing median value over the past year. The county's median value is now $169,800, which is significantly lower than the national average of $338,100. In addition to this relatively low median value, Morgan, TN County experienced an impressive 19.25% appreciation rate over the past year compared to the US average of 8.27%. This indicates that housing prices in Morgan, TN County have been climbing at a rapid pace and are expected to continue doing so in the foreseeable future.

The median home cost in Morgan County is $169,800. Home appreciation the last 10 years has been 112.2%. Home Appreciation in Morgan County is up 26.4%.

Average Age of Homes

- The median age of Morgan County real estate is 32 years old

The Rental Market in Morgan County

- Renters make up 16.6% of the Morgan County population
- 0.5% 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, Tennessee	United States
	8,559.0	139,647,020.0
	37	42
	$169,800	$338,100
	26.4%	16.6%
	86.7%	57.0%
	112.2%	101.1%
	$7.05	$10.98
	$735	$2,690
	67.7%	57.4%
	16.9%	11.2%
	15.4%	31.4%
Vacant Housing
	0.5%	1.9%
	0.1%	0.4%
	0.6%	0.7%
	0.3%	0.4%
	3.1%	3.6%
	12.4%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	7.7%	2.4%
	11.5%	2.8%
	10.0%	3.9%
	15.5%	4.5%
	20.1%	11.3%
	13.2%	13.0%
	11.7%	20.1%
	2.8%	13.6%
	1.3%	8.3%
	1.7%	9.7%
	0.2%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	14.4%	13.6%
	14.4%	13.6%
	16.5%	13.6%
	16.6%	13.2%
	14.7%	14.8%
	16.5%	13.6%
	9.1%	10.0%
	4.0%	4.7%
	7.6%	12.2%

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