Home prices
The median home in Morrison costs $98,300. In comparison to nearby areas it is about $7,380 (6%) lower.It is about $119,200 (54%) lower compared to the nation as a whole, and compared to the city of Huntsville is roughly $84,600 (46%) lower.
Rents
The median rent in Morrison is $388 per month. It is about $221 (36%) lower compared to nearby areas.It is roughly $674 (63%) lower compared to the United States as a whole, and in comparison to the city of Huntsville is about $439 (53%) lower.
Nearby places
Centertown
Centertown is about 8 miles north from Morrison. The housing prices there are somewhat less expensive. The median home in Centertown costs $89,700, which comes out to $8,600 (9%) lower than Morrison. Rents there are substantially more expensive. Centertown's median monthly rent is $606, which works out to $218 (35%) higher than Morrison.
McMinnville
McMinnville is about 8 miles northeast from Morrison. Its housing prices are pretty similar. The price of the median home in McMinnville is $98,400, which is very similar to Morrison. Rent there is significantly more expensive. The median rent in McMinnville is $637 per month, which comes out to $249 (39%) higher than Morrison.
Manchester
Manchester is about 13 miles southwest of Morrison. Housing prices there are a bit more expensive. The median home in Manchester costs $129,700, which works out to $31,400 (24%) higher than Morrison. Rent there is significantly more expensive. In Manchester the median monthly rent is $709, which works out to $321 (45%) higher than Morrison.
Hillsboro
Hillsboro is approximately 14 miles south of Morrison. The real estate prices there are somewhat more expensive. The cost of the median home in Hillsboro is $136,800, which comes out to $38,500 (28%) higher than Morrison. Its rents are a little more expensive. Hillsboro's median rent is $477 per month, which comes out to $89 (18%) higher than Morrison.
Altamont
Altamont is approximately 14 miles southeast of Morrison. Its real estate prices are substantially less expensive. The value of the median home in Altamont is $73,800, which works out to $24,500 (33%) lower than Morrison. Rents there are significantly more expensive. The median rent in Altamont is $618 a month, which comes out to $230 (37%) higher than Morrison.