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Sunday, November 24, 2024

Morrison home prices rise in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Morrison rose by $23,750 while total sales increased by 52.4%, according to BlockShopper.com.

From April through June of 2019, there were 32 homes sold, with a median sale price of $105,750 - a 29% increase over the $82,000 median sale price for the same period of the previous year. There were 21 homes sold in Morrison in the second quarter of 2018.

The median sales tax in Morrison for the most recent year with available data, 2018, was $2,339, approximately 2.2% of the median home sale price for the second quarter of 2019.

The following table compares Morrison to other Whiteside County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Erie613-53.8%$131,500$106,90023%
Albany28-75%$106,250$122,500-13.3%
Fulton382272.7%$106,250$99,0007.3%
Morrison322152.4%$105,750$82,00029%
Prophetstown22220%$98,500$71,40038%
Sterling7983-4.8%$85,000$77,9009.1%
Lyndon37-57.1%$79,000$27,000192.6%
Rock Falls675521.8%$70,000$69,0001.4%
Douglas Park12-50%$65,000$59,00010.2%
Grimes Addition10-$63,900$0-
Tampico6450%$61,750$69,500-11.2%

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