$35,000
1.10 Acres
Land
MARCUS DE MATOS, Listing Office: STAR BAY REALTY CORP.
Is Morriston, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Morriston has remained a Neutral Market.
Key Takeaway
Morriston is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Morriston, FL
How much do homes in Morriston, FL cost?
Median Sold Price
$350,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$100,000(+40.0%)
Key Takeaway
Homes in Morriston have sold for 40% more than they did a year ago.
Summary: The median home sold price in Morriston was $350,000 in November 2024, up 40% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $699K | $111K | -84.1% |
| 2 Bedrooms | $179.5K | $151.9K | -15.4% |
| 3 Bedrooms | $250K | $383.2K | +53.3% |
| 4 Bedrooms | $246K | $299K | +21.5% |
| 5+ Bedrooms | - | $599K | N/A |
Summary: Morriston housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 84.1%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 53.3%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Morriston | $250K | $350K | +40.0% |
| Williston-Bronson | $245K | $255K | +4.1% |
| Fellowship | $299.5K | $304.1K | +1.5% |
| Cedar Key-Yankeetown | $279.9K | $280K | 0.0% |
Housing Supply in Morriston, FL
How many homes are available in Morriston, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Morriston real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Morriston housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Morriston, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Morriston in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Morriston, FL
How long does it take to sell a home in Morriston, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 62 Days | +264.7% |
Summary: Homes in Morriston had an average of 62 days on market in Nov 2024, up by 264.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Morriston has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Morriston; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with a Broker Reciprocity logo provided. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2024 Highlands Association of Realtors. All rights reserved.