Is Morrison, IA 50657 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Morrison is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Morrison housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Grundy County, IA

Population	96
Median income	$66,250
Average income	$71,903
Median home value	$95,000
Owner-occupied	91% of homes
Median year built	1964

Natural hazard riskWinter storms (very high), tornadoes (relatively high), hail (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 50657; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 50657

Prefilled for 50657Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50657Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Conrad 50621 $106 /sq ft Dike 50624 $156 /sq ft Grundy Center 50638Buyer’s market $135 /sq ft Holland 50642Seller’s market $150 /sq ft Browse all markets →

Where Morrison is

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Questions about Morrison real estate

What are property taxes in Morrison?

About 1.14% of a home’s value a year in Grundy County, or roughly $4,560 on a $400,000 home.

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More tools for 50657

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Grundy County property taxes Grundy County loan limits Closing costs in Iowa Hottest ZIP codes in Iowa

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology