Home prices
The median home value in Morrison is $95,600. Compared to its nearby areas it is about $5,480 (5%) lower.Compared to the United States as a whole it is roughly $121,900 (56%) lower, and is approximately $150,700 (61%) lower compared to the city of Madison.
Rents
In Morrison the median rent is $780 per month. Compared to other places in this area this is roughly $66 (9%) higher.In comparison to the rest of the nation it is approximately $282 (26%) lower, and in comparison to the city of Madison is approximately $338 (30%) lower.
Nearby places
Lyndon
Lyndon is about 6 miles south of Morrison. The real estate prices there are somewhat less expensive. Lyndon's median home cost is $79,400, which works out to $16,200 (20%) lower than Morrison. Its rents are somewhat more expensive. Lyndon's median rent is $850 a month, which works out to $70 (8%) higher than Morrison.
Prophetstown
Prophetstown is roughly 9 miles south from Morrison. Its housing prices are fairly similar. The price of the median home in Prophetstown is $96,300, which is very similar to Morrison. The rent there is somewhat less expensive. The median rent in Prophetstown is $707 per month, which comes out to $73 (10%) lower than Morrison.
Coleta
Coleta is roughly 9 miles northeast of Morrison. The housing prices there are a little less expensive. The median home in Coleta costs $85,600, which works out to $10,000 (11%) lower than Morrison. Rent there is a little less expensive. Coleta's median rent is $733 a month, which works out to $47 (6%) lower than Morrison.
Fulton
Fulton is roughly 9 miles northwest from Morrison. Housing prices there are a bit more expensive. The median home in Fulton is valued at $114,100, which is $18,500 (16%) higher than Morrison. The rent there is a bit less expensive. Fulton's median monthly rent is $676, which comes out to $104 (15%) lower than Morrison.
Erie
Erie is about 11 miles southwest of Morrison. Its real estate prices are a little more expensive. The median home in Erie costs $130,000, which comes out to $34,400 (26%) higher than Morrison. Its rents are somewhat less expensive. Erie's median monthly rent is $605, which is $175 (28%) lower than Morrison.