Home Values

Morrison Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Morrison is $89,900.

Foreclosures will be a factor impacting home values in the next several years. In Morrison 28.1 homes are foreclosed (per 10,000). This is greater than the Noble County value of 3.2 and also greater than the national value of 4.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Morrison is 3.8%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Morrison homeowners underwater on their mortgage is 23.6%, which is higher than Noble County at 14.1%.

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Relative ZHVI
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Morrison Market Overview

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Morrison Market Health

Data through Oct 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 23.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Stillwater $155,800
Perkins $121,700
 

Listings & Sales

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Morrison Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $872 Noble County
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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