Morris median home prices fell by 4.2% in May 2021

Morris median home prices fell by 4.2% in May 2021
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The median sale price of a home sold in May 2021 in Morris fell by $8,000 while total sales increased by 109.1%, according to BlockShopper.com.

In May 2021, there were 23 homes sold, with a median sale price of $184,000 – a 4.2% decrease over the $192,000 median sale price for the same period of the previous year. There were 11 homes sold in Morris in May 2020.

The median sales tax in Morris for the most recent year with available data, 2018, was $3,998, approximately 2.2% of the median home sale price for May 2021.

The following table compares Morris to other Grundy County cities with similar median sale prices in May 2021:

City May 2021 Home Sales May 2020 Home Sales % change (Total Home Sales) May 2021 Median Sales Price May 2020 Median Sales Price % change (Median Sales Price)
Braceville 2 1 100% $310,000 $138,000 124.6%
Diamond 4 0 – $278,000.50 $0 –
Channahon 2 10 -80% $271,000 $252,400 7.4%
Carbon Hill 1 2 -50% $220,000 $192,500 14.3%
Minooka 18 16 12.5% $210,000 $240,000 -12.5%
Mazon 3 0 – $190,000 $0 –
Morris 23 11 109.1% $184,000 $192,000 -4.2%
Coal City 8 4 100% $176,000 $137,000 28.5%
Lisbon North 1 0 – $155,155 $0 –
South Wilmington 4 0 – $91,250 $0 –
Verona 1 1 0% $57,000 $80,000 -28.8%


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