Is Morris, CT 06763 a buyer’s or seller’s market?

The Morris housing market right now

In the three months ending August 31, 2026, 20% of homes in Morris, CT 06763 sold above their list price, the typical home went under contract in 75 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold more slowly (57 days then) and the median sale price fell 16% to $549,762. Overall, Morris is less competitive than a year ago, which gives buyers more room.

Within Litchfield County, homes here sell more slowly than in 74% of the county’s ZIP codes, and sell less often over asking than in 80%.

Nearby, buyers who want less competition could look at Cornwall Bridge 06754 (0% sold over asking) or East Canaan 06024 (0% sold over asking), while Northfield 06778 (100% sold over asking) and Oakville 06779 (78% sold over asking) are even more competitive.