Morrison, IL
Housing market overview · Updated weekly
$130,000median sale price
Homes sold
3
Last 12 weeks
Days on market
92
Average pace
Active listings
28
9.3 months supply
Sale-to-list
92.2%
Below asking
The Morrison housing market is currently classified as a buyer's market with a median sale price of $130,000. Prices have risen 1.4% compared to last year, with homes spending an average of 92 days on market, indicating 9.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Morrison
There are currently 28 homes listed for sale in Morrison, Illinois. The median listing price is $140K.
Active listings
28
Homes on market
Median list price
$140K
Avg. days on market
92
Days until sale
New this week
9
Newly listed
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Frequently asked questions
What is the average home price in Morrison?
The median home sale price in Morrison is $130,000, up 1.4% from last year.
How long do homes stay on market in Morrison?
Homes typically spend 92 days on market before going under contract.
Is Morrison a buyer's or seller's market?
With 9.3 months of supply, Morrison is currently a buyer's market.
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