Morgan Hill, CA Real Estate
According to census data in the year 2000 there were 11,110 housing units in Morgan Hill.
This represents a 36.2% growth from 8,157 in 1990.
Of those housing units, 10,671 were located in either urbanized areas or urban clusters, and 439 were located in what is classified as a rural area.
Homeownership rate in Morgan Hill is about 72.8%.
Morgan Hill's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 3.05 people.
The majority of houses, apartments or condos in Morgan Hill were built after 1981.
|Housing Units by Size|
|Five Bedrooms or more||7.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.96|
|Median year structure was built||1982|
|Median Value of occupied units||$435,200|
|Median Price asked for vacant units||$608,000|
Rented Homes, Apartments and Condos
|Average Household Size||3.3|
|Median year structure was built||1979|
|Median Monthly Rent asked for vacant units||$1,100|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||12.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||23.4%|