Morgan Hill, California is a moderately-sized city with a population of 41,839 inhabitants. With a population density of 3,277 people per square mile, Morgan Hill is well above the nation's average density level. Morgan Hill has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 80% of the population is classified as married and 53% have kids. Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Morgan Hill, there is no shortage of amazing local amenities and interesting things to do. Some of the interesting things to do and attractions include: Guglielmo Winery, Coyote Valley Sporting Clay, and Andy's Orchard.
Median real estate prices in Morgan Hill come in at $678,900, which is 65.9% higher than the California average. The home price to income ratio compares the median home prices to the median household income. In Morgan Hill, the home price to income ratio is 6.7, which is 4.7% higher than the California average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Morgan Hill were 8%, and the 5 year appreciation rates came in at 9.7%.
Morgan Hill Properties
About the Neighborhood
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