Zip 46160 (Morgantown, IN) Housing

Morgantown, IN has a median housing value of $275,800 and it is far lower than the US median of $338,100. However, the appreciation rate for housing in Morgantown was significantly higher than the US average at 13.55%. This shows that despite the lower cost of living in this city compared to other areas in the country, it is still an attractive option for potential homebuyers due to its rapid increase in value over time.

The median home cost in Morgantown (zip 46160) is $275,800. Home appreciation the last 10 years has been 95.7%. Home Appreciation in Morgantown (zip 46160) is up 17.9%.

Average Age of Homes

- The median age of Morgantown (zip 46160) real estate is 40 years old

The Rental Market in Morgantown (zip 46160)

- Renters make up 12.7% of the Morgantown (zip 46160) population
- 0.0% of houses and apartments in Morgantown (zip 46160), 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	Morgantown, Indiana	United States
	2,908.0	139,647,020.0
	49	42
	$275,800	$338,100
	17.9%	16.6%
	66.2%	57.0%
	95.7%	101.1%
	$4.50	$10.98
	$862	$2,690
	75.2%	57.4%
	11.8%	11.2%
	13.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.9%	0.4%
	3.5%	3.6%
	7.4%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	0.9%	2.4%
	1.7%	2.8%
	4.0%	3.9%
	6.2%	4.5%
	18.4%	11.3%
	20.6%	13.0%
	29.4%	20.1%
	7.8%	13.6%
	5.4%	8.3%
	3.3%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.1%	13.6%
	7.1%	13.6%
	14.9%	13.6%
	10.7%	13.2%
	17.1%	14.8%
	14.9%	13.6%
	7.5%	10.0%
	7.1%	4.7%
	15.1%	12.2%

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