Zip 38946 (Morgan City, MS) Housing

The housing market in 38946 Morgan City, MS is significantly cheaper than the US median value of $338,100. The median value of a house in Morgan City is $96,900 and has seen much higher appreciation over the past year compared to the national average of 8.27%. In Morgan City, the 1 year house appreciation was 12.50%, making it an attractive option for potential homeowners who are looking for a more affordable housing market with strong potential for growth.

The median home cost in Morgan City (zip 38946) is $96,900. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Morgan City (zip 38946) is up 14.5%.

Average Age of Homes

- The median age of Morgan City (zip 38946) real estate is 38 years old

The Rental Market in Morgan City (zip 38946)

- Renters make up 25.3% of the Morgan City (zip 38946) population
- 1.5% of houses and apartments in Morgan City (zip 38946), 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, Mississippi	United States
	133.0	139,647,020.0
	35	42
	$96,900	$338,100
	14.5%	16.6%
	37.4%	57.0%
	51.9%	101.1%
	$11.06	$10.98
	$1,029	$2,690
	48.9%	57.4%
	36.1%	11.2%
	15.0%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.5%	0.4%
	4.5%	3.6%
	28.6%	4.1%
Value of Owner-Occupied Housing
	9.2%	2.6%
	0.0%	2.4%
	29.2%	2.8%
	26.2%	3.9%
	0.0%	4.5%
	30.8%	11.3%
	4.6%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	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%
	24.8%	13.6%
	24.8%	13.6%
	10.5%	13.6%
	37.6%	13.2%
	25.6%	14.8%
	10.5%	13.6%
	0.0%	10.0%
	0.0%	4.7%
	0.0%	12.2%

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