Housing Prices in Mount Morris, IL

How much do homes in Mount Morris, IL cost?

Median List Price

$124,900

$86/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$4,350(-3.4%)

Key Takeaway

The list price of homes in Mount Morris has decreased by 3.4% since last year.

Summary: The median home list price in Mount Morris was $124,900 in April 2024, down 3.4% from the previous year, and the median price per square foot was $86.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $109.9K$106.9K
-2.7%
3 $144.9K$129.9K
-10.3%
4 $155K$132.4K
-14.6%
5+ $89.9K$199.9K
+122.4%

Summary: Mount Morris housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes increased by 122.4%.

Median List Price Compared To Nearby Cities

Mount Morris
-3.4%
Mount Morris Township
-3.8%

Housing Supply in Mount Morris, IL

How many homes are available in Mount Morris, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
68+33.3%

Summary: The Mount Morris real estate market had 8 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 14
+300.0%
4 22
0.0%
5+ 10
-100.0%

Summary: The Mount Morris housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 300%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Days on Market for Mount Morris, IL

How long does it take to sell a home in Mount Morris, IL?

Average Listing Age

Apr 2023Apr 2024CHANGE
158 Days44 Days-72.0%

Summary: Homes in Mount Morris had an average listing age of 44 days in Apr 2024, down by 72% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in Mount Morris, IL

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