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Morehouse, MO Real Estate


According to census data in the year 2000 there were 498 housing units in Morehouse. This represents a 3.3% decline from 515 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 498 were located in what is classified as a rural area.

Homeownership rate in Morehouse is about 78.4%. Morehouse's vacancy rate, including seasonal lodging, is about 12.7%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Morehouse were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.60%
Two Bedrooms47.80%
Three Bedrooms43.20%
Four Bedrooms2%
Five Bedrooms or more0.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1961
Median Value of occupied units$23,700
Median Price asked for vacant units$27,500

Rented Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1952
Median Monthly Rent asked for vacant units$256

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.70%
Home Equity Loan2.20%
Simple Mortgage45%
Debt Free52%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%