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.