$450,000
10.25 Acres
Land
Harelis Santis, Listing Office: CENTURY 21 LAKE & LAND MYERS REALTY
Is Morriston, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Morriston was a Seller's 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
$300,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,000(+20.0%)
Key Takeaway
Homes in Morriston have sold for 20% more than they did a year ago.
Summary: The median home sold price in Morriston was $300,000 in October 2024, up 20% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $449.5K | $111K | -75.3% |
| 2 Bedrooms | $179.5K | $151.9K | -15.4% |
| 3 Bedrooms | $252K | $362.5K | +43.8% |
| 4 Bedrooms | $246K | $299K | +21.5% |
| 5+ Bedrooms | - | $599K | N/A |
Summary: Morriston housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.3%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 43.8%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Morriston | $250K | $300K | +20.0% |
| Williston-Bronson | $240.7K | $252K | +4.7% |
| Fellowship | $299.8K | $305K | +1.7% |
Housing Supply in Morriston, FL
How many homes are available in Morriston, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The Morriston real estate market had 14 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Morriston housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was 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. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Morriston in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 138 Days | +245.0% |
Summary: Homes in Morriston had an average of 138 days on market in Oct 2024, up by 245% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Morriston has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Morriston; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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