Morris, IL Home Values & Market Trends
Real estate market trends reflect that there have been 305 transactions over the past year in Morris. The median value for residential home transactions that occurred over the previous year is $283,162.84. The number of current listings in Morris is 5, and the percentage of properties for sale in the city is 5.00%. Morris, IL currently has 10 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 5 properties for sale.
Morris, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60450 | $ 298,178 $ 129/sqft |
Housing Market Summary for Morris, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $249.6K | $277.3K | 11.07% |
| Median Sold Price | $280K | $277.3K | -0.98% |
| Homes For Sale | 5 | 2 | -60.00% |
| Homes Sold | 117 | 128 | 9.40% |
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 Morris, IL
Browse Homes in Morris, IL
Morris home values range from $30,834 to $2,656,940. The median estimated value of a home in Morris is $283,162.84. The median list price of a home is 314,000, and the total count of properties in the city is 5,779.
- Pre-ForeclosurePre-foreclosure homes account for 0.14% of all residential properties in Morris, IL with 60450 containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Morris, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $419,297 in 60450 to the lowest home value of $136,348 in 60450.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 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 Morris, IL. There is 1 zips within Morris, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60450 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Morris, IL. Auction homes and other auction properties account for 0.03% of all properties in Morris, IL. There is 1 zips within Morris, IL; of that zips, the median estimated home value for homes going to auction ranges from $394,550 in 60450 to the lowest value of $341,835 in 60450.
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