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Grundy Reporter

Tuesday, November 5, 2024

Morris home prices fall in the first half of 2017

Realestate5

The median sale price of a home sold in the first half of 2017 in Morris fell by $950 while total sales increased by 17.9%, according to BlockShopper.com.

From January through June of 2017, there were 125 homes sold, with a median sale price of $170,000 - a 0.6% decrease over the $170,950 median sale price for the same period of the previous year. There were 106 homes sold in Morris in the first half of 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 2.2%.

The following table compares Morris to other Grundy County cities in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Channahon3032-6.3%$240,000$206,90016%
Diamond151225%$195,000$200,000-2.5%
Minooka95914.4%$185,000$178,0003.9%
Lisbon North220%$179,000$157,45013.7%
Morris12510617.9%$170,000$170,950-0.6%
Carbon Hill82300%$159,000$137,50015.6%
Coal City5865-10.8%$152,500$142,0007.4%
Mazon213600%$145,000$132,0009.8%
Gardner161414.3%$137,500$113,00021.7%
South Wilmington6520%$130,450$70,90084%
Braceville9580%$119,500$95,00025.8%
Verona00-$0$0-

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