Morgan City, MS

Morgan City is a small town located in the southwestern corner of the state of Mississippi. The population was just over 10,000 in 2010 and has been growing at a rate of about 2% each year since then. Morgan City is located on U.S. Highway 61, which makes it an important transportation hub for the region. The city has seen steady growth over the past few years as businesses and residents have discovered its many benefits, including its close proximity to major cities such as Jackson and Biloxi, as well as its affordable housing and excellent schools.

Real estate in Morgan City is very affordable compared to other areas of Mississippi. The median home price was just $105,000 in 2016, which is less than half of what it costs to buy a home in Jackson or Biloxi. Additionally, there are plenty of homes available for sale within the city limits, so buyers don't have to worry about being unable to find a property that meets their needs. There are also a number of homes for sale outside of the city limits that are still within easy reach by car.

One reason why real estate in Morgan City is so affordable is because there isn't much development taking place within the city limits right now. This means that there aren't many new homes being built or converted into apartments, which drives down prices overall because developers can't make money off of these properties until they're sold or rented out. In addition, there isn't much demand for luxury homes or condos within Morgan City right now because most people who live here are either working locally or commuting to jobs in larger cities nearby. As long as current trends continue and development doesn't pick up too quickly, prices should stay low relative to other areas of Mississippi for years to come.