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Saturday, December 28, 2024

Q3 real estate sales report: Morrison

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Median prices declined in Morrison over last year, and are down 17.3 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 39 homes sold in Morrison for a median price of $90,000. That's 13.9 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Morrison.

Median property tax for homeowners in Morrison was $2,288.59 in 2017 according to tax data from that year. That means homeowners pay 2.2 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Morrison real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
17
$108,810
-
2010
27
$114,000
4.8%
2011
22
$118,933
4.3%
2012
34
$84,475
-29%
2013
16
$96,930
14.7%
2014
42
$88,510
-8.7%
2015
46
$95,400
7.8%
2016
21
$122,850
28.8%
2017
48
$104,550
-14.9%
2018
39
$90,000
-13.9%

Median property tax
Median sale price
Effective property tax rate
2009
$2,374.37
$108,810
2.2%
2010
$2,647.55
$114,000
2.3%
2011
$2,524.89
$118,933
2.1%
2012
$2,155.34
$84,475
2.6%
2013
$2,175.35
$96,930
2.2%
2014
$2,258.94
$88,510
2.6%
2015
$2,339.50
$95,400
2.5%
2016
$2,087.48
$122,850
1.7%
2017
$2,288.59
$104,550
2.2%

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