The housing market in the Fort Morgan, CO Metro Area is performing very well, with the median house value being $307,000. This is significantly lower than the US median house value of $338,100 and offers a great opportunity for potential buyers. In addition to this, the 1-year house appreciation rate in Fort Morgan has been 13.77%, which is higher than the national average of 8.27%. This means that homes are increasing in value at a greater rate here than elsewhere, making it an attractive market for homebuyers and investors alike.
The median home cost in Fort Morgan Metro Area is $307,000. Home appreciation the last 10 years has been 126.0%. Home Appreciation in Fort Morgan Metro Area is up 19.3%.
Average Age of Homes
- The median age of Fort Morgan Metro Area real estate is 46 years old
The Rental Market in Fort Morgan Metro Area
- Renters make up 33.6% of the Fort Morgan Metro Area population
- 1.8% of houses and apartments in Fort Morgan Metro Area, 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.