The housing market in 84050 Morgan, UT is quite strong and healthy. The median value for homes in this area is $643,400, which is significantly higher than the U.S. median house value of $338,100. Furthermore, the 1-year appreciation rate for households in 84050 Morgan is 8.44%, slightly higher than the national average of 8.27%. This shows that prices are increasing steadily in this area and it could be a beneficial time to invest in real estate in this location.
The median home cost in Morgan (zip 84050) is $643,400. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Morgan (zip 84050) is up 16.3%.
Average Age of Homes
- The median age of Morgan (zip 84050) real estate is 23 years old
The Rental Market in Morgan (zip 84050)
- Renters make up 12.7% of the Morgan (zip 84050) population
- 0.6% of houses and apartments in Morgan (zip 84050), 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.