Is Morris, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Morris has remained a Buyer's Market.
Key Takeaway
Morris is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Morris, CT
How much do homes in Morris, CT cost?
Median Sold Price
$525,000
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Morris have sold for 23.5% more than they did a year ago.
Summary: The median home sold price in Morris was $525,000 in March 2024, up 23.5% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $450.5K | N/A |
| 2 Bedrooms | $241K | $462K | +91.7% |
| 3 Bedrooms | $470K | $464K | -1.3% |
| 4 Bedrooms | $600K | $735.5K | +22.6% |
| 5+ Bedrooms | $1.3M | $1.0M | -18.5% |
Summary: Morris housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 91.7%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes decreased by 18.5%.
Housing Supply in Morris, CT
How many homes are available in Morris, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The Morris real estate market had 10 homes for sale in March 2024, a 11.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Morris housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Morris, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Morris in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Morris, CT
We’re sorry, we don't have information for this market at the moment
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