Mount Morris, IL Home Values & Market Trends
Real estate market trends reflect that there have been 62 transactions over the past year in Mount Morris. The median value for residential home transactions that occurred over the previous year is $162,287. The number of current listings in Mount Morris is 52, and the percentage of properties for sale in the city is 52.00%. Mount Morris, IL currently has 5 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 52 properties for sale.
Mount Morris, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 61054 | $ 162,287 $ 113/sqft |
Housing Market Summary for Mount Morris, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $149.9K | $162.5K | 8.37% |
| Median Sold Price | $153K | $138.5K | -9.50% |
| Homes For Sale | 28 | 49 | 75.00% |
| Homes Sold | 28 | 22 | -21.43% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Mount Morris, IL
Browse Homes in Mount Morris, IL
Mount Morris home values range from $39,524 to $580,159. The median estimated value of a home in Mount Morris is $162,287. The median list price of a home is 160,000, and the total count of properties in the city is 84.
- Pre-ForeclosurePre-foreclosure homes account for 5.95% of all residential properties in Mount Morris, IL with 61054 containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mount Morris, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $198,866 in 61054 to the lowest home value of $129,432 in 61054.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mount Morris, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Mount Morris, IL. There is 1 zips within Mount Morris, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Mount Morris, IL. Auction homes and other auction properties account for 0% of all properties in Mount Morris, IL. There is 1 zips within Mount Morris, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Mount Morris, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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