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Tuesday, November 26, 2024

Morrison home prices fall in February 2017

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The median sale price of a home sold in February 2017 in Morrison fell by $8,500 while total sales increased by 166.7%, according to BlockShopper.com.

In February 2017, there were eight homes sold, with a median sale price of $66,500 - a 11.3% decrease over the $75,000 median sale price for the same period of the previous year. There were three homes sold in Morrison in February 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 3.3%.

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

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Erie21100%$177,500$17,500914.3%
Fulton8560%$109,750$125,500-12.5%
Sterling191618.8%$80,000$76,2504.9%
Grimes Addition110%$77,500$30,000158.3%
Prophetstown21100%$69,500$65,0006.9%
Morrison83166.7%$66,500$75,000-11.3%
Rock Falls811-27.3%$39,750$54,000-26.4%
Albany10-$20,000$0-
Tampico13-66.7%$17,000$75,000-77.3%
Fenton01-100%$0$18,100-100%
Como00-$0$0-
Yeoward Addition00-$0$0-
Lyndon01-100%$0$169,500-100%
Little Oklahoma00-$0$0-
Douglas Park01-100%$0$40,000-100%

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