From January through December of 2017, there were 273 homes sold, with a median sale price of $175,400 - a 6.4% increase over the $164,900 median sale price for the previous year. There were 239 homes sold in Morris in 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 2.1%.
The following table compares Morris to other Grundy County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lisbon North | 8 | 3 | 166.7% | $247,950 | $181,900 | 36.3% |
Channahon | 66 | 72 | -8.3% | $246,000 | $228,125 | 7.8% |
Diamond | 24 | 27 | -11.1% | $220,000 | $225,000 | -2.2% |
Minooka | 216 | 184 | 17.4% | $195,500 | $181,000 | 8% |
Morris | 273 | 239 | 14.2% | $175,400 | $164,900 | 6.4% |
Carbon Hill | 12 | 8 | 50% | $159,000 | $125,000 | 27.2% |
Coal City | 114 | 118 | -3.4% | $152,500 | $149,000 | 2.3% |
Mazon | 36 | 9 | 300% | $135,500 | $155,000 | -12.6% |
Gardner | 31 | 30 | 3.3% | $129,000 | $110,000 | 17.3% |
Verona | 6 | 4 | 50% | $112,250 | $320,000 | -64.9% |
Braceville | 21 | 13 | 61.5% | $99,501 | $95,000 | 4.7% |