The present housing market in Morrison is down with high active listings and low sales volume. The median home price has fallen to $157,337, a significant 65.8% decrease year-over-year. With 6 active listings, inventory is 100% higher than seasonal norms. Homes are now taking an average of 68 days to sell, significantly longer than the 23 days typical for this market. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Morrison market with the affordability index at 1322.2. Based on current market indicators, home prices in Morrison are projected to increase by approximately 3.9% over the next month.