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Grundy Reporter

Friday, April 19, 2024

Morris home prices fall in the second quarter of 2018

Realestate1

The median sale price of a home sold in the second quarter of 2018 in Morris fell by $2,500 while total sales increased by 3.8%, according to BlockShopper.com.

From April through June of 2018, there were 83 homes sold, with a median sale price of $170,000 - a 1.4% decrease over the $172,500 median sale price for the same period of the previous year. There were 80 homes sold in Morris in the second quarter of 2017.

The median sales tax in Morris for the most recent year with available data, 2017, was $3,764.20, approximately 2.2% of the median home sale price for the second quarter of 2018.

The following table compares Morris to other Grundy County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Lisbon North220%$201,200$179,00012.4%
Verona40-$185,611.12$0-
Mazon514-64.3%$180,000$140,50028.1%
Coal City33330%$180,000$152,00018.4%
Minooka5367-20.9%$175,000$205,000-14.6%
Morris83803.8%$170,000$172,500-1.4%
Diamond12119.1%$167,000$200,000-16.5%
Carbon Hill23-33.3%$145,000$162,000-10.5%
Gardner512-58.3%$133,000$137,500-3.3%
Braceville8560%$125,000$137,500-9.1%
South Wilmington330%$84,500$40,000111.3%

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