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Town comparisons › Morrison vs Wheat Ridge

Morrison vs Wheat Ridge

Morrison and Wheat Ridge are both in Jefferson County. There are 96 homes for sale in Morrison and 105 in Wheat Ridge as this page loaded. Morrison is the more expensive of the two: a median asking price of $772,463 against $550,000 in Wheat Ridge, about 40% higher. Homes are moving faster in Morrison — a median of 52 days on market against 58 in Wheat Ridge. On months of supply both are a balanced market right now.

Side by side

MeasureMorrisonWheat Ridge
Homes for sale96105
New in last 30 days3333
Median asking price$772,463$550,000
Median price per sq ft$341$345
Median size (sq ft)2,2601,427
Median bedrooms43
Median days on market5258
Months of supply3.93.0
Sold, last 12 months295427
Median sold price$800,000$640,000
Median days to sell6749
Sold vs asking price99.0%100.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Morrison is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
Wheat Ridge is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Morrison

96
Homes for sale
$772,463
Median asking price
$341
Median per sq ft
52
Median days on market

Wheat Ridge

105
Homes for sale
$550,000
Median asking price
$345
Median per sq ft
58
Median days on market

Look at either town on its own

Questions people ask

Is Morrison or Wheat Ridge more expensive?

Morrison is more expensive. The median asking price is $772,463 in Morrison against $550,000 in Wheat Ridge. By price per square foot, Morrison runs $341 and Wheat Ridge $345.

Which moves faster, Morrison or Wheat Ridge?

Homes for sale in Morrison have been on the market a median of 52 days, against 58 days in Wheat Ridge. Of the homes that actually closed in the last twelve months, Morrison took a median of 67 days and Wheat Ridge 49.

Is Morrison or Wheat Ridge the better market for a buyer?

Morrison is a balanced market and Wheat Ridge is a balanced market, measured on months of supply — 3.9 months in Morrison and 3.0 in Wheat Ridge. More months of supply means more choice and more room to negotiate, so on that measure Morrison is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Morrison and Wheat Ridge?

There are 96 homes for sale in Morrison and 105 in Wheat Ridge as this page loaded, 33 and 33 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.