Is Morrison, MO 65061 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 list0%Share of sales, last 3 months
Median sale-to-list91.5%Sold price ÷ list price
Median days on market109Listing to accepted offer
Median price per sq ft$85▼ −16.2% vs. last year

The Morrison housing market right now

In the three months ending August 31, 2026, 0% of homes in Morrison, MO 65061 sold above their list price and the typical home went under contract in 109 days. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (68 days then) and the median sale price fell 30% to $98,957. Overall, Morrison is less competitive than a year ago, which gives buyers more room.

Within Gasconade County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Owensville 65066 (14% sold over asking) is even more competitive.

Nearby markets

Bland 65014Buyer’s market $82 /sq ftHermann 65041Balanced $179 /sq ftOwensville 65066Balanced $140 /sq ftRosebud 63091Buyer’s market $78 /sq ft Browse all markets →

Where Morrison is

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Questions about Morrison real estate

How fast do homes sell in Morrison?

The typical home went under contract in 109 days in the latest three months.

Do homes in Morrison sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.5% of the list price.

What are property taxes in Morrison?

About 0.73% of a home’s value a year in Gasconade County, or roughly $2,920 on a $400,000 home.

What is the median home price in Morrison?

The median sale price was $98,957 in the three months ending August 31, 2026, about $85 per square foot.

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