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Featured local agent — Morrison, IA
Sarah Mitchell
Compass Real Estate · Morrison, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Morrison, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$257,000median sale price
How is the Morrison, IA housing market right now?
The median home sale price in Morrison, IA is $257,000. Homes sell in an average of 180 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of April 2024 — 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?
Morrison, IA is currently a leaning buyer's and homes selling in about 180 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
180
Average pace
Active listings
—
Sale-to-list
98.9%
Below asking
What does the Morrison housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $257,000 |
| Average days on market | 180 days |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $126/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Morrison by property type?
How the Morrison, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $257,000 | $126/sq ft | 1 | 180 days |
Source: Redfin · Updated monthly
The Morrison housing market is currently classified as a leaning buyer's with a median sale price of $257,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 180 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Morrison
Explore homes currently listed for sale in Morrison, Iowa across major real estate platforms.
Who lives in Morrison?
Population
125
Median income
$88,750/yr
Median age
39.9 years
Owner-occupied
91.5%
College grads
24.1%
Avg commute
18.3 min
Source: U.S. Census Bureau ACS
What is it like to live in Morrison?
Morrison is a community of approximately 0K residents with a median age of 39.9 years.The median household income is $88,750, which reflects a relatively affluent area with strong earning potential. 24.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 91.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.3 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 cities are near Morrison, IA?
Want a head-to-head view? Compare Morrison side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Morrison?
The median home sale price in Morrison is $257,000, down 0.0% from last year.
How long do homes stay on market in Morrison?
Homes typically spend 180 days on market before going under contract.
What is the median income in Morrison?
The median household income is $88,750 per year.
How much does a single-family home cost in Morrison?
The median single-family home price in Morrison, IA is $257,000 (about $126 per square foot).
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