The housing market in 76671 Morgan, TX is doing remarkably well compared to other areas in the United States. The median value of houses in the area is $187,400, significantly lower than the US median house value of $338,100. Despite this difference in price, the 1 year appreciation rate for housing in 76671 Morgan, TX has risen by 17.68%, which is more than double the US average appreciation rate of 8.27%. This suggests that housing in 76671 Morgan, TX is a great investment opportunity and should be considered when looking for a new place to call home.
The median home cost in Morgan (zip 76671) is $187,400. Home appreciation the last 10 years has been 119.4%. Home Appreciation in Morgan (zip 76671) is up 21.3%.
Average Age of Homes
- The median age of Morgan (zip 76671) real estate is 41 years old
The Rental Market in Morgan (zip 76671)
- Renters make up 12.9% of the Morgan (zip 76671) population
- 1.0% of houses and apartments in Morgan (zip 76671), 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.