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Featured local agent — Mount Morris, IL
Sarah Mitchell
Compass Real Estate · Mount Morris, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mount Morris, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$160,000median sale price
How is the Mount Morris, IL housing market right now?
The median home sale price in Mount Morris, IL is $160,000. Homes sell in an average of 6 days with 4 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Mount Morris a buyer's or seller's market?
Mount Morris, IL is currently a balanced market, based on 4.0 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
6
Fast-moving
Active listings
4
4.0 months supply
Sale-to-list
97.0%
Below asking
What does the Mount Morris housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $160,000 |
| Median list price | $179,900 |
| Average days on market | 6 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $69/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Mount Morris by property type?
How the Mount Morris, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $160,000 | $69/sq ft | 1 | 6 days |
| Condo / Co-op | $170,000 | $140/sq ft | 1 | 8 days |
Source: Redfin · Updated monthly
The Mount Morris housing market is currently classified as a balanced market with a median sale price of $160,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 6 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Mount Morris
There are currently 4 homes listed for sale in Mount Morris, Illinois. The median listing price is $180K.
Active listings
4
Homes on market
Median list price
$180K
Avg. days on market
6
Days until sale
New this week
3
Newly listed
Who lives in Mount Morris?
Population
2,679
Median income
$38,162/yr
Median age
48.6 years
Owner-occupied
68.9%
College grads
23.9%
Avg commute
24.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Mount Morris?
Zillow home value
$153,941
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Mount Morris?
Mount Morris is a community of approximately 3K residents with a median age of 48.6 years.The median household income is $38,162, which represents a working-class community with solid middle-income opportunities. 23.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mount Morris offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Mount Morris, IL?
Want a head-to-head view? Compare Mount Morris side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Mount Morris?
The median home sale price in Mount Morris is $160,000, down 0.0% from last year.
How long do homes stay on market in Mount Morris?
Homes typically spend 6 days on market before going under contract.
What is the median income in Mount Morris?
The median household income is $38,162 per year.
Is Mount Morris a buyer's or seller's market?
With 4.0 months of supply, Mount Morris is currently a balanced market.
What is the Zillow home value estimate for Mount Morris?
The Zillow Home Value Index (ZHVI) for Mount Morris is $153,941, representing the typical home value in the area.
What is the median condo price in Mount Morris?
The median condo/co-op sale price in Mount Morris, IL is $170,000, compared to $160,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Mount Morris?
The median single-family home price in Mount Morris, IL is $160,000 (about $69 per square foot).
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