The housing market in Morrison, MO (65061) is currently thriving, as evidenced by the median value of houses being $118,200. This is significantly lower than the US house median value of $338,100. Furthermore, the 1 year house appreciation rate in Morrison is 10.43%, which is more than the US rate of 8.27%. This indicates that housing values in Morrison have been increasing at a faster pace than the national average over the past year. It appears that this trend will continue in Morrison, making it an excellent place to buy a home for those looking for a great deal.
The median home cost in Morrison (zip 65061) is $118,200. Home appreciation the last 10 years has been 83.2%. Home Appreciation in Morrison (zip 65061) is up 19.9%.
Average Age of Homes
- The median age of Morrison (zip 65061) real estate is 51 years old
The Rental Market in Morrison (zip 65061)
- Renters make up 7.8% of the Morrison (zip 65061) population
- 0.0% of houses and apartments in Morrison (zip 65061), 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.