Morocco, IN—47963
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morocco, IN
As of Oct '25, the median home price in Morocco, IN is $187,000, with a year-over-year change of 5.3%. This indicates that home prices in Morocco, IN are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $187,000 | 5.3% |
| Single Family | $188,000 | 5.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $137,000 | 7.0% |
3 Bed | $208,000 | 6.1% |
4 Bed | $248,000 | 2.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Morocco, IN
Morocco, IN 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
Property Listings — Morocco, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Morocco, IN is 51. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $211,000 | -18.0% |
Listing Count | 12 | 139.0% |
| Listings as % of Homes | 0.8% | 139.0% |
Days on Market | 51 | -17.0% |
Demographics — Morocco, IN
As of the latest ACS Survey released in 2023, Morocco, IN has a population of 2,360, which has increased by 21.2% over the past 5 years. Morocco, IN is a moderately popular place for families, as children make up 24.4% of the population. The area has a poorly educated workforce, with 11.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,360 | 21.2% |
% Under 18 | 24.4% | 35.6% |
% Seniors | 16.5% | -27.9% |
% WFH | 5.4% | 315.4% |
% w/ College Degree | 11.9% | -25.2% |
As of the latest ACS Survey released in 2023, Morocco, IN is a predominantly white area, with 94.5% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Morocco, IN is hispanic, making up 2.8% of the population. Foreign-born residents account for 2.2% of the population in Morocco, IN, and this percentage has increased by 37.5% 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 | 94.5% | -2.9% |
% Black | 0.0% | N/A |
% Hispanic | 2.8% | 27.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.2% | 37.5% |
Mortgage and Risk — Morocco, IN
According to HUD data as of 2023, there were 68 mortgage originations in Morocco, IN, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Morocco, IN. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 68 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Morocco, IN
Morocco, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,230 |
Affordability — Morocco, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $187,000 |
| Median Household Income | $74,300 |