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Featured local agent — Morrison, CO

Sarah Mitchell

CNESRESABR

Compass Real Estate · Morrison, CO

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Morrison, CO(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Morrison, CO Housing Market & Real Estate

Seller's market

Housing market overview · Updated monthly ·

$995,000median sale price

How is the Morrison, CO housing market right now?

The median home sale price in Morrison, CO is $995,000. Homes sell in an average of 4 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Morrison a buyer's or seller's market?

Seller's market3.0 months of supply4 avg. days on market

Morrison, CO is currently a seller's market, based on 3.0 months of supply and homes selling in about 4 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

4

Fast-moving

Active listings

3

3.0 months supply

Sale-to-list

100.0%

Above asking

What does the Morrison housing market data show?

Current housing market statistics for Morrison, CO
MetricValue
Median sale price$995,000
Average days on market4 days
Active inventory3 listings
Months of supply3.0 months
Sale-to-list price ratio100.0%
Median price per sq ft$626/sq ft
Homes sold (latest month)1
Listings with a price cut66.7%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Morrison by property type?

How the Morrison, CO market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Morrison, CO
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$995,000$626/sq ft14 days
Townhouse$855,000$322/sq ft14 days

Source: Redfin · Updated monthly

The Morrison housing market is currently classified as a seller's market with a median sale price of $995,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 4 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.2x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Morrison

There are currently 3 homes listed for sale in Morrison, Colorado.

Active listings

3

Homes on market

Avg. days on market

4

Days until sale

Price drops:66.7%of listings
Sale-to-list:100.0%

Who lives in Morrison?

Population

415

Median income

$116,667/yr

Median age

58 years

Owner-occupied

71.3%

College grads

43.7%

Avg commute

26.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Morrison?

Zillow home value

$723,163

Zillow rent index

$2,171/mo

Price-to-rent ratio

27.8x

Price-to-income

6.2x

Source: Zillow Research

What is it like to live in Morrison?

Morrison is a community of approximately 0K residents with a median age of 58 years.The median household income is $116,667, which reflects a relatively affluent area with strong earning potential. 43.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 71.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Morrison offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Morrison?

2 schools tracked · 675 students

The largest public schools serving Morrison, CO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Kendallvue Elementary School

Grades PK-5 · 401 students

Public

Red Rocks Elementary School

Grades PK-5 · 274 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Morrison, CO?

Want a head-to-head view? Compare Morrison side-by-side with any other U.S. city using our market-comparison tool.

Is Morrison a good real estate investment market?

For investors evaluating Morrison, the price-to-rent ratio of 27.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Morrison's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Morrison's median home price.

Frequently asked questions

What is the average home price in Morrison?

The median home sale price in Morrison is $995,000, down 0.0% from last year.

How long do homes stay on market in Morrison?

Homes typically spend 4 days on market before going under contract.

What is the median income in Morrison?

The median household income is $116,667 per year.

Is Morrison a buyer's or seller's market?

With 3.0 months of supply, Morrison is currently a seller's market.

What is the Zillow home value estimate for Morrison?

The Zillow Home Value Index (ZHVI) for Morrison is $723,163, representing the typical home value in the area.

How much does a single-family home cost in Morrison?

The median single-family home price in Morrison, CO is $995,000 (about $626 per square foot).

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