CT Real Estate Housing Market Report | September - October 2025




Key Insights for Buyers and Sellers

Morris remains a relatively niche and quiet market—leaning balanced to slightly seller-favored. Home values are holding steady or rising modestly. Inventory is very limited, and buyer activity is moderate. Properties that are well-maintained and correctly priced tend to attract attention, but less ideal homes may take longer to move. Sellers maintain an edge when strategy, pricing, and presentation align; buyers who are patient and well-prepared can still find opportunity.

Market Performance Overview

  • The average home value in Morris is roughly $540,000, reflecting modest appreciation over the past year.

  • In recent months, a handful of homes have sold for prices around $645,000, particularly in premium segments with desirable land or finishes.

  • Days on market have extended: while some homes may still move in 20 to 40 days, many are taking 40 to 65 days depending on condition, location, and pricing.

  • Sales-to-list price ratios remain generally favorable; many homes close at or slightly above asking, but aggressive bidding premiums are less frequent than in earlier spring/summer.

Inventory & Market Conditions

  • Active listings are very limited—often under 15 to 20 homes available across single-family inventory.

  • New listings appear occasionally, but many are absorbed quickly, especially those in the better condition or locations.

  • Multiple-offer situations still occur on highly desirable properties, though not as broadly as earlier in the year.

  • Homes needing improvements, with dated interiors or less ideal layouts, are seeing more market exposure before securing buyers.

Market Insights & Buyer/Seller Considerations

Buyers

  • Be fully vetted and ready to act when the right property appears.

  • Prioritize homes in strong condition and desirable settings—those will continue to outperform.

  • Clean offers with minimal contingencies and terms favorable to sellers are more likely to edge out competition.

  • Use the extended timelines to inspect thoroughly and confirm your decision, but be ready to move when opportunity strikes.

Sellers

  • Precise pricing is crucial—overpricing risks extended showing periods.

  • Strong presentation (staging, updates, curb appeal) can significantly boost buyer interest.

  • Consider listing before deep winter when buyer activity typically wanes.

  • Pay attention to feedback—if showings are low, be willing to adjust marketing or pricing.

Popular Places to Visit in Morris

  • Bantam Lake — A large private/chartered lake offering beauty, water views, and seasonal relaxation.

  • Riverton Historic District — A charming riverside village with local history and quaint atmosphere.

  • Pleasant Valley & Scenic Trails — Rural roads and paths for walking, biking, and enjoying nature.

  • Morris Village Center & Historic Sites — Featuring preserved homesteads, village charm, and heritage landmarks.

  • Community Fall Events & Harvest Festivals — Seasonal fairs, local craft shows, and town gatherings define the autumn experience.

What This Means for You

Buyers: You have a thoughtful market—less wild than peak periods, but competitive homes still don’t last long. Be ready, be selective, and make compelling offers.

Sellers: You remain in a favorable environment, especially for well-presented homes. But with slower market pace, your listing must stand out in price, condition, and marketing to capture interest.

Bottom Line

Morris’s real estate market remains stable and slightly seller-tilted: average values near $540,000, very limited inventory, and buyer interest concentrated on well-positioned homes. However, the pace is easing—days on market are lengthening and bidding premiums are softer. Sellers who excel in presentation and pricing will continue to capture strong offers; buyers with preparation, insight, and readiness can still find quality opportunities in this scenic, small-market environment.

Ready to Make Your Move? Let’s Talk

Whether you are considering selling your home or buying in Morris, The Via Domus Team is here to guide you through every step of the process. With our award-winning service and in-depth market expertise, we will help you navigate the Morris real estate market with confidence.

Reach out today for a complimentary seller or buyer consultation.
Helping You Find (and Sell) the Way Home.

Contact us for more market information on the Morris market, or if there is another town you would like housing market information on.