Morris median home prices rose by 9.1% in the second half of 2021

Morris median home prices rose by 9.1% in the second half of 2021
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The median sale price of a home sold in the second half of 2021 in Morris rose by $20,000 while total sales decreased by 8.3%, according to BlockShopper.com.

From July through December of 2021, there were 143 homes sold, with a median sale price of $240,000 – a 9.1% increase over the $220,000 median sale price for the same period of the previous year. There were 156 homes sold in Morris in the second half of 2020.

The median sales tax in Morris for the most recent year with available data, 2018, was $3,998, approximately 1.7% of the median home sale price for the second half of 2021.

The following table compares Morris to other Grundy County cities with similar median sale prices in the second half of 2021:

City July – Dec. 2021 Home Sales July – Dec. 2020 Home Sales % change (Total Home Sales) July – Dec. 2021 Median Sales Price July – Dec. 2020 Median Sales Price % change (Median Sales Price)
Channahon 29 36 -19.4% $335,000 $264,000 26.9%
Lisbon North 4 2 100% $287,500 $181,000 58.8%
Diamond 19 26 -26.9% $250,000 $219,750 13.8%
Morris 143 156 -8.3% $240,000 $220,000 9.1%
Minooka 84 100 -16% $232,500 $229,000 1.5%
Verona 3 2 50% $230,000 $442,500 -48%
Coal City 82 64 28.1% $202,500 $165,000 22.7%
Braceville 15 11 36.4% $192,000 $170,000 12.9%
Carbon Hill 6 3 100% $175,000 $125,000 40%
Gardner 16 11 45.5% $140,750 $134,900 4.3%
Mazon 12 9 33.3% $116,250 $169,000 -31.2%


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