Mount Morris, IL

Seller's market-16.8% YoY

Housing market overview · Updated weekly

$157,500median sale price

Homes sold

3

Last 12 weeks

Days on market

52

Average pace

Active listings

2

0.7 months supply

Sale-to-list

96.1%

Below asking

The Mount Morris housing market is currently classified as a seller's market with a median sale price of $157,500. Prices have fallen 16.8% compared to last year, with homes spending an average of 52 days on market, indicating 0.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Mount Morris

There are currently 2 homes listed for sale in Mount Morris, Illinois. The median listing price is $113K.

Active listings

2

Homes on market

Median list price

$113K

Avg. days on market

52

Days until sale

New this week

3

Newly listed

Sale-to-list:96.1%

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Frequently asked questions

What is the average home price in Mount Morris?

The median home sale price in Mount Morris is $157,500, down 16.8% from last year.

How long do homes stay on market in Mount Morris?

Homes typically spend 52 days on market before going under contract.

Is Mount Morris a buyer's or seller's market?

With 0.7 months of supply, Mount Morris is currently a seller's market.

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