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Grundy Reporter

Saturday, April 27, 2024

Morris home prices fall in April 2017

Re 12

The median sale price of a home sold in April 2017 in Morris fell by $22,500 while total sales increased by 83.3%, according to BlockShopper.com.

In April 2017, there were 22 homes sold, with a median sale price of $208,500 - a 9.7% decrease over the $231,000 median sale price for the same period of the previous year. There were 12 homes sold in Morris in April 2016.

The median sales tax in Morris for 2017 was $3,764. In 2016, the median sales tax was $3,724. This marks an increase of 1.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

The following table compares Morris to other Grundy County cities in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Channahon330%$215,900$231,000-6.5%
Lisbon North10-$213,000$0-
Morris221283.3%$208,500$231,000-9.7%
Diamond110%$155,000$160,000-3.1%
Minooka1623-30.4%$154,950$196,000-20.9%
Braceville10-$144,900$0-
Mazon62200%$136,000$192,500-29.4%
Gardner51400%$129,000$200,000-35.5%
Coal City714-50%$122,000$125,500-2.8%
South Wilmington110%$118,000$70,90066.4%
Verona00-$0$0-
Carbon Hill00-$0$0-

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