Zip 79062 (Morse, TX) Housing

Morse, TX is located in Cameron County and has a housing median value of $82,500, making it much lower than the national median value of $338,100. Despite being significantly lower than other areas, the 1 year house appreciation in Morse is 12.81%, which is higher than the US average of 8.27%. This appreciation indicates that there is an overall positive trend in the local housing market and that values are likely to increase over time.

The median home cost in Morse (zip 79062) is $82,500. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Morse (zip 79062) is up 11.4%.

Average Age of Homes

- The median age of Morse (zip 79062) real estate is 48 years old

The Rental Market in Morse (zip 79062)

- Renters make up 17.6% of the Morse (zip 79062) population
- 0.0% of houses and apartments in Morse (zip 79062), 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	Morse, Texas	United States
	132.0	139,647,020.0
	59	42
	$82,500	$338,100
	11.4%	16.6%
	36.8%	57.0%
	61.7%	101.1%
	$17.27	$10.98
	$1,650	$2,690
	60.6%	57.4%
	26.5%	11.2%
	12.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	26.5%	4.1%
Value of Owner-Occupied Housing
	8.8%	2.6%
	3.8%	2.4%
	8.8%	2.8%
	32.5%	3.9%
	8.8%	4.5%
	10.0%	11.3%
	12.5%	13.0%
	7.5%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	7.5%	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%
	9.1%	13.6%
	9.1%	13.6%
	1.5%	13.6%
	9.1%	13.2%
	21.2%	14.8%
	1.5%	13.6%
	31.8%	10.0%
	9.8%	4.7%
	6.1%	12.2%

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