Zip 70380 (Morgan City, LA) Housing

The housing market in 70380 Morgan City, LA is quite strong. The median value of housing in this area is $124,000, significantly lower than the US median value of $338,100. However, the 1 year house appreciation rate for this area is 10.21%, which is higher than the US average of 8.27%. This indicates that there is a large demand for housing in this area and that it has been increasing steadily over the past year.

The median home cost in Morgan City (zip 70380) is $124,000. Home appreciation the last 10 years has been 32.8%. Home Appreciation in Morgan City (zip 70380) is up 10.5%.

Average Age of Homes

- The median age of Morgan City (zip 70380) real estate is 43 years old

The Rental Market in Morgan City (zip 70380)

- Renters make up 31.6% of the Morgan City (zip 70380) population
- 4.4% of houses and apartments in Morgan City (zip 70380), 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	Morgan City, Louisiana	United States
	10,096.0	139,647,020.0
	51	42
	$124,000	$338,100
	10.5%	16.6%
	22.6%	57.0%
	32.8%	101.1%
	$3.27	$10.98
	$400	$2,690
	52.4%	57.4%
	18.3%	11.2%
	29.3%	31.4%
Vacant Housing
	4.4%	1.9%
	1.0%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	2.9%	3.6%
	9.2%	4.1%
Value of Owner-Occupied Housing
	10.3%	2.6%
	5.0%	2.4%
	3.8%	2.8%
	11.3%	3.9%
	9.1%	4.5%
	20.5%	11.3%
	20.5%	13.0%
	11.3%	20.1%
	2.9%	13.6%
	2.8%	8.3%
	2.1%	9.7%
	0.2%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	9.8%	13.6%
	9.8%	13.6%
	7.2%	13.6%
	13.6%	13.2%
	17.8%	14.8%
	7.2%	13.6%
	13.4%	10.0%
	5.5%	4.7%
	4.3%	12.2%

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