Zip 84050 (Morgan, UT) Housing


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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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMorgan, UtahUnited States
  3,585.0139,647,020.0
  2442
  $643,400$338,100
  16.3%16.6%
  83.0%57.0%
  157.2%101.1%
  $5.59$10.98
  $2,557$2,690
  82.9%57.4%
  4.3%11.2%
  12.8%31.4%
  Vacant Housing
  0.6%1.9%
  0.0%0.4%
  0.0%0.7%
  1.6%0.4%
  1.6%3.6%
  0.5%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  0.0%2.4%
  0.2%2.8%
  0.2%3.9%
  0.0%4.5%
  0.6%11.3%
  2.3%13.0%
  14.8%20.1%
  20.4%13.6%
  19.8%8.3%
  28.8%9.7%
  8.6%3.9%
  2.3%2.2%
  0.7%0.8%
  1.1%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  23.0%13.6%
  23.0%13.6%
  13.7%13.6%
  4.4%13.2%
  12.7%14.8%
  13.7%13.6%
  2.4%10.0%
  2.3%4.7%
  11.9%12.2%
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