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Friday, November 22, 2024

Morrison home prices rise in January 2017

Realestate4

The median sale price of a home sold in January 2017 in Morrison rose by $3,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In January 2017, there were five homes sold, with a median sale price of $60,000 - a 5.3% increase over the $57,000 median sale price for the same period of the previous year. There were seven homes sold in Morrison in January 2016.

The median sales tax in Morrison for 2017 was $2,219. In 2016, the median sales tax was $2,091. This marks an increase of 6.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.

The following table compares Morrison to other Whiteside County cities in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Fulton310-70%$100,000$85,00017.6%
Rock Falls1011-9.1%$72,750$41,00077.4%
Morrison57-28.6%$60,000$57,0005.3%
Sterling208150%$46,950$76,150-38.3%
Prophetstown23-33.3%$37,500$84,000-55.4%
Erie330%$31,250$78,000-59.9%
Tampico10-$17,000$0-
Douglas Park00-$0$0-
Fenton00-$0$0-
Albany01-100%$0$115,000-100%
Como00-$0$0-
Yeoward Addition01-100%$0$6,000-100%
Lyndon02-100%$0$51,250-100%
Little Oklahoma00-$0$0-
Grimes Addition02-100%$0$22,000-100%

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