Morgan Park—21251
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morgan Park
Morgan Park lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
No data available
Rental Trends — Morgan Park
Morgan Park lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
No data available
Property Listings — Morgan Park
Morgan Park lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Morgan Park
As of the latest ACS Survey released in 2023, Morgan Park has a population of 249, which has decreased by -73.3% over the past 5 years. Morgan Park is a less popular place for families, as children make up 0.0% of the population. The area has a highly educated workforce, with 62.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 249 | -73.3% |
% Under 18 | 0.0% | -100.0% |
% Seniors | 0.0% | N/A |
% WFH | 24.4% | -17.3% |
% w/ College Degree | 62.5% | ∞% |
As of the latest ACS Survey released in 2023, Morgan Park is a predominantly black area, with 46.6% of the population identifying as black. The black population has shrunk by 35.0% in the last 5 years. The second most common race or ethnicity in Morgan Park is white, making up 40.2% of the population. Foreign-born residents account for 8.0% of the population in Morgan Park, and this percentage has increased by 70.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 40.2% | 171.6% |
% Black | 46.6% | -35.0% |
% Hispanic | 2.0% | -71.0% |
% Asian | 6.0% | 33.3% |
% Foreign Born | 8.0% | 70.2% |
Mortgage and Risk — Morgan Park
Morgan Park lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Morgan Park
Morgan Park lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,430 |
| 2 Bedroom | N/A | N/A | $1,750 |
| 3 Bedroom | N/A | N/A | $2,270 |
| 4 Bedroom | N/A | N/A | $2,570 |
Affordability — Morgan Park
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |