Housing in Morrison, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$128,500
Median List Price
$114,900
Price Per Sq Ft
$50
Days on Market
99
Active Inventory
22
Months of Supply
11.0
Buyer's market
Zillow Home Value
$160,674
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
87.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
5
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$50
Median List $/SF
$86
Morrison vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Morrison is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$117,300
Median Rent
$1,104
Total Housing Units
1,594
Vacancy Rate
10.5%
Owner Occupied
78.3%
Renter Occupied
21.6%
Median Property Tax
$2,470
per year
Monthly Cost (w/ Mortgage)
$742
Housing Types
The current median sale price in Morrison, IL is $128,500 according to Redfin data. Homes spend a median of 99 days on the market. 0.0% of homes sold above asking price. The market has 11.0 months of supply. The median price per square foot is $50. The median rent is $1,104 per month (Census ACS). About 78.3% of housing units are owner-occupied. The median year homes were built is 1955. There are 1,594 total housing units.