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Grundy Reporter

Monday, November 25, 2024

Morris home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Morris rose by $12,825 while total sales increased by 7.7%, according to BlockShopper.com.

From July through September of 2018, there were 84 homes sold, with a median sale price of $191,325 - a 7.2% increase over the $178,500 median sale price for the same period of the previous year. There were 78 homes sold in Morris in the third quarter of 2017.

The median sales tax in Morris for the most recent year with available data, 2017, was $3,764.20, approximately 2% of the median home sale price for the third quarter of 2018.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Channahon151315.4%$262,000$249,0005.2%
Lisbon North12-50%$254,000$245,5003.5%
Verona42100%$250,500$112,250123.2%
Minooka6075-20%$203,000$192,5005.5%
Morris84787.7%$191,325$178,5007.2%
Braceville47-42.9%$172,450$85,636101.4%
Diamond11757.1%$165,000$252,000-34.5%
Mazon880%$144,500$123,00017.5%
Gardner550%$142,000$128,00010.9%
Coal City312619.2%$137,000$149,000-8.1%
South Wilmington48-50%$102,450$51,000100.9%

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