Zip 06763 (Morris, CT) Housing

Housing in Morris, CT (06763) is more expensive than the US median value. The median value of housing in Morris is $420,200 while the US median value is just $338,100. Furthermore, house appreciation has been higher in Morris than the national average. The US 1 year house appreciation rate stands at 8.27%, but in Morris it is 11.76%. This indicates that housing prices are increasing faster in Morris than they are nationally, making buying a home here an attractive option for people looking for an investment opportunity.

The median home cost in Morris (zip 06763) is $420,200. Home appreciation the last 10 years has been 52.2%. Home Appreciation in Morris (zip 06763) is up 13.4%.

Average Age of Homes

- The median age of Morris (zip 06763) real estate is 56 years old

The Rental Market in Morris (zip 06763)

- Renters make up 12.1% of the Morris (zip 06763) population
- 0.0% of houses and apartments in Morris (zip 06763), 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	Morris, Connecticut	United States
	1,295.0	139,647,020.0
	63	42
	$420,200	$338,100
	13.4%	16.6%
	49.3%	57.0%
	52.2%	101.1%
	$17.18	$10.98
	$5,357	$2,690
	56.4%	57.4%
	36.3%	11.2%
	7.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	24.4%	3.6%
	10.8%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.7%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	3.4%	11.3%
	14.4%	13.0%
	28.3%	20.1%
	27.2%	13.6%
	11.4%	8.3%
	11.8%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.7%	0.8%
	1.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.1%	13.6%
	12.1%	13.6%
	6.3%	13.6%
	10.0%	13.2%
	7.0%	14.8%
	6.3%	13.6%
	17.8%	10.0%
	6.3%	4.7%
	28.8%	12.2%

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