Grundy Reporter

Grundy Reporter

Thursday, October 17, 2019

Q2 real estate sales report: Morris

Real Estate

By Local Labs News Service | Dec 9, 2018


Median prices declined in Morris over last year, and are down 8.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 83 homes sold in Morris for a median price of $170,000. That's 3.4 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Morris.

Median property tax for homeowners in Morris was $3,618.13 in 2017 according to tax data from that year. That means homeowners pay 2.1 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Morris real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
39
$186,615
-
2010
55
$190,950
2.3%
2011
31
$136,730
-28.4%
2012
49
$183,120
33.9%
2013
56
$171,720
-6.2%
2014
65
$164,300
-4.3%
2015
68
$175,430
6.8%
2016
63
$188,475
7.4%
2017
80
$175,950
-6.6%
2018
83
$170,000
-3.4%

Median property tax
Median sale price
Effective property tax rate
2009
$3,674.08
$186,615
2%
2010
$4,902.66
$190,950
2.6%
2011
$3,528.94
$136,730
2.6%
2012
$3,876.75
$183,120
2.1%
2013
$3,782.09
$171,720
2.2%
2014
$3,719.11
$164,300
2.3%
2015
$3,485.92
$175,430
2%
2016
$3,763.38
$188,475
2%
2017
$3,618.13
$175,950
2.1%

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