Zip 47963 (Morocco, IN) Housing

The housing median value in 47963 Morocco, IN is $161,500 which is much lower than the US Housing Median Value of $338,100. Home appreciate fairly quickly in this area as the house 1 year appreciation rate is 10.75%, which is significantly higher than the US 1 year House Appreciation rate of 8.27%. This makes Morocco, IN a great option for those looking to invest in real estate as they will likely experience a larger return on their investment compared to other areas.

The median home cost in Morocco (zip 47963) is $161,500. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Morocco (zip 47963) is up 14.6%.

Average Age of Homes

- The median age of Morocco (zip 47963) real estate is 69 years old

The Rental Market in Morocco (zip 47963)

- Renters make up 21.2% of the Morocco (zip 47963) population
- 0.5% of houses and apartments in Morocco (zip 47963), 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	Morocco, Indiana	United States
	959.0	139,647,020.0
	68	42
	$161,500	$338,100
	14.6%	16.6%
	58.9%	57.0%
	84.4%	101.1%
	$11.19	$10.98
	$1,331	$2,690
	75.4%	57.4%
	7.5%	11.2%
	17.1%	31.4%
Vacant Housing
	0.5%	1.9%
	0.8%	0.4%
	0.4%	0.7%
	0.7%	0.4%
	0.7%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	3.5%	2.4%
	6.9%	2.8%
	10.8%	3.9%
	12.4%	4.5%
	28.2%	11.3%
	10.0%	13.0%
	17.6%	20.1%
	2.9%	13.6%
	6.9%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.0%	13.6%
	5.0%	13.6%
	10.0%	13.6%
	3.4%	13.2%
	18.2%	14.8%
	10.0%	13.6%
	7.8%	10.0%
	8.1%	4.7%
	39.7%	12.2%

Reviews for Morocco

See all (0)

Write a Review

Start Your Review of Morocco

Commute

The premier source for comprehensive city data for over 30 years.