Morrison, CO


Highest Appreciating Morrison Neighborhoods Since 2000

Morrison, CO Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Morrison Housing Market Information

With 434 people, 125 houses or apartments, and a median cost of homes of $503,112, Morrison house prices are not only among the most expensive in Colorado, Morrison real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Morrison, accounting for 90.98% of the town's housing units. Other types of housing that are prevalent in Morrison include large apartment complexes or high rise apartments ( 6.02%), duplexes, homes converted to apartments or other small apartment buildings ( 3.01%).

People in Morrison primarily live in small (one, two or no bedroom) single-family detached homes. Morrison has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Morrison's housing was primarily built during this period, from the '40s through the '60s. A full 47.37% of the town's housing hails from this era. Other housing ages represented in Morrison include homes built before 1939 ( 35.34%) and housing constructed between 1970-1999 ( 14.29%). There's also some housing in Morrison built between 2000 and later ( 3.01%).

Morrison Home Appreciation Rates

In the last 10 years, Morrison has experienced some of the highest home appreciation rates of any community in the nation. Morrison real estate appreciated 46.98% over the last ten years, which is an average annual home appreciation rate of 3.93%, putting Morrison in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Morrison definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Morrison that despite a nationwide downturn in the housing market, Morrison real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Morrison appreciation rates continue to be some of the highest in America, at 10.84%, which is higher than appreciation rates in 95.75% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Morrison. Morrison appreciation rates in the latest quarter were at 2.55%, which equates to an annual appreciation rate of 10.59%.

Importantly, this makes Morrison one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Colorado, our data show that Morrison's latest annual appreciation rate is higher than 70% of the other cities and towns in Colorado.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Morrison differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Morrison - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Morrison real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,383,000 5.1
$1,038,001 - $1,383,000 3.7
$692,001 - $1,038,000 16.0
$553,001 - $692,000 22.3
$415,001 - $553,000 16.1
$276,001 - $415,000 25.5
$138,001 - $276,000 5.7
$69,001 - $138,000 1.7
$0 - $69,000 3.9

Very High for CO
Very High for Nation

Value Relative to Nation Value Relative to State
5.84788468299543 14.8471615720524

Number Of Homes And Apartments:

Morrison Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
84.85% 3.63% 9 9
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,607 / per month

Homeownership Rate

Owners 45.00
Renters 55.00
Vacant 6.02

Housing Market Details


Age of Homes

2000 or Newer 3.0
1970 - 1999 14.3
1940 - 1969 47.4
1939 or Older 35.3

Types of Homes

Single-Family 91.0
Townhomes 0.0
Small Apt. Buildings 3.0
Apt. Complexes 6.0
Mobile Homes 0.0
Other 0.0

Home Size

No Bedroom 0.00
1 Bedroom 18.80
2 Bedrooms 32.33
3 Bedrooms 30.83
4 Bedrooms 10.53
5 or more bedrooms 7.52