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Illinois Valley Times

Saturday, November 16, 2024

Morris home prices rise in November 2017

Realestate3

The median sale price of a home sold in November 2017 in Morris rose by $15,000 while total sales increased by 35.3%, according to BlockShopper.com.

In November 2017, there were 23 homes sold, with a median sale price of $185,000 - a 8.8% increase over the $170,000 median sale price for the same period of the previous year. There were 17 homes sold in Morris in November 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%.

The following table compares Morris to other Grundy County cities in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Channahon7616.7%$280,000$233,45019.9%
Lisbon North30-$256,000$0-
Minooka201266.7%$212,500$172,75023%
Coal City660%$206,250$176,95016.6%
Morris231735.3%$185,000$170,0008.8%
Mazon30-$173,000$0-
Gardner21100%$136,500$133,0002.6%
Carbon Hill20-$106,500$0-
Verona30-$65,000$0-
South Wilmington110%$60,000$87,500-31.4%
Braceville13-66.7%$59,226$25,000136.9%
Diamond01-100%$0$263,000-100%

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