Zip 56270 (Morton, MN) Housing

The housing market in Morton, MN (56270) is a great place to invest right now. The median value of houses in this area is $114,600, which is much lower than the US median value of $338,100. It also has seen an impressive 1 year appreciation rate of 13.39%, which is much higher than the 8.27% US average for the same period. This means that investing in Morton's housing market can provide good returns and profits over time.

The median home cost in Morton (zip 56270) is $114,600. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Morton (zip 56270) is up 12.6%.

Average Age of Homes

- The median age of Morton (zip 56270) real estate is 45 years old

The Rental Market in Morton (zip 56270)

- Renters make up 19.3% of the Morton (zip 56270) population
- 0.0% of houses and apartments in Morton (zip 56270), 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	Morton, Minnesota	United States
	483.0	139,647,020.0
	47	42
	$114,600	$338,100
	12.6%	16.6%
	42.7%	57.0%
	60.2%	101.1%
	$11.24	$10.98
	$911	$2,690
	80.7%	57.4%
	10.1%	11.2%
	9.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	9.1%	4.1%
Value of Owner-Occupied Housing
	5.1%	2.6%
	16.4%	2.4%
	10.3%	2.8%
	12.6%	3.9%
	13.8%	4.5%
	14.9%	11.3%
	11.5%	13.0%
	8.5%	20.1%
	5.4%	13.6%
	0.0%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	1.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	8.7%	13.6%
	8.7%	13.6%
	19.0%	13.6%
	9.9%	13.2%
	13.7%	14.8%
	19.0%	13.6%
	6.0%	10.0%
	5.0%	4.7%
	26.1%	12.2%

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