From January to March, 16 homes sold in Morrison for a median price of $91,225. That's 10.6 percent lower than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Morrison.
Median property tax for homeowners in Morrison was $2,158.19 in 2016 according to tax data from that year. That means homeowners pay 3.1 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Morrison real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
18
$92,430
-
2010
6
$104,880
13.5%
2011
11
$83,620
-20.3%
2012
15
$89,925
7.5%
2013
14
$114,750
27.6%
2014
20
$88,245
-23.1%
2015
30
$77,645
-12%
2016
19
$70,350
-9.4%
2017
23
$102,000
45%
2018
16
$91,225
-10.6%
Median property tax
Median sale price
Effective property tax rate
2009
$2,169.06
$92,430
2.3%
2010
$3,325.76
$104,880
3.2%
2011
$2,013.70
$83,620
2.4%
2012
$2,148.69
$89,925
2.4%
2013
$2,905.09
$114,750
2.5%
2014
$2,109.68
$88,245
2.4%
2015
$2,292.84
$77,645
3%
2016
$2,158.19
$70,350
3.1%
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