Morris currently has 54 single family homes for sale with an average list price of $421,877, 2 condos for sale with an average list price of $156,850, and 65 lots for sale with an average list price of $487,945. The average annual property tax for Morris is $4,832.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Morris, i.e. what's hot and what's not.
See What's Hot & What's Not in MorrisMorris home sales for the month of October decreased in volume by 26.3% when compared to last year, while the median sale price decreased by 3.1% from $282,000 to $273,250. House sales decreased by 31.6%, while the median sale price rose by 0.7% from $282,000 to $284,000. Condo sales stayed the same, while the median sale price stayed the same.
251
|
301
|
236
|
197
|
2020 | 2021 | 2022 | 2023 |
# of sales per year |
$225,000
|
$260,000
|
$252,250
|
$275,000
|
2020 | 2021 | 2022 | 2023 |
median sale price per year |
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.