Zip 56267 (Morris, MN) Housing

The housing market in 56267 Morris, MN is thriving. The median value of a home in the area is $176,000 which is significantly lower than the U.S. median value of $338,100. What's more exciting is that Morris has seen a 13.39% increase in housing appreciation over the last year compared to the 8.27% for the country as a whole. This shows that Morris is a great place for prospective homeowners looking for strong returns on their investments.

The median home cost in Morris (zip 56267) is $176,000. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Morris (zip 56267) is up 12.6%.

Average Age of Homes

- The median age of Morris (zip 56267) real estate is 48 years old

The Rental Market in Morris (zip 56267)

- Renters make up 32.5% of the Morris (zip 56267) population
- 2.8% of houses and apartments in Morris (zip 56267), 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, Minnesota	United States
	2,923.0	139,647,020.0
	50	42
	$176,000	$338,100
	12.6%	16.6%
	42.7%	57.0%
	60.2%	101.1%
	$9.78	$10.98
	$1,765	$2,690
	56.7%	57.4%
	8.3%	11.2%
	34.9%	31.4%
Vacant Housing
	2.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.4%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	1.9%	2.4%
	1.1%	2.8%
	6.0%	3.9%
	6.0%	4.5%
	18.0%	11.3%
	23.0%	13.0%
	23.0%	20.1%
	8.7%	13.6%
	3.3%	8.3%
	5.9%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.3%	13.6%
	9.3%	13.6%
	9.0%	13.6%
	12.2%	13.2%
	13.9%	14.8%
	9.0%	13.6%
	9.6%	10.0%
	8.7%	4.7%
	16.3%	12.2%

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