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Saturday, November 23, 2024

Morris home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Morris rose by $5,000 while total sales increased by 25%, according to BlockShopper.com.

In March 2017, there were 20 homes sold, with a median sale price of $171,750 - a 3% increase over the $166,750 median sale price for the same period of the previous year. There were 16 homes sold in Morris in March 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 March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Channahon45-20%$208,500$155,00034.5%
Morris201625%$171,750$166,7503%
Diamond21100%$157,500$298,000-47.1%
Coal City990%$155,000$140,00010.7%
Minooka171241.7%$149,000$155,000-3.9%
Mazon20-$121,000$0-
Carbon Hill21100%$117,450$85,00038.2%
Braceville21100%$29,000$156,500-81.5%
South Wilmington00-$0$0-
Verona00-$0$0-
Gardner02-100%$0$102,500-100%
Lisbon North01-100%$0$181,900-100%

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