Housing in Morton, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$245,000

Median List Price

$242,450

Price Per Sq Ft

$134

Days on Market

28

Active Inventory

16

Months of Supply

1.1

Seller's market

Zillow Home Value

$269,500

ZHVI — January 2026

Zillow Rent Index

$1,799

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 9.2%List Price 7.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

36.4%

Sale-to-List Ratio

97.5%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
36.4%
Listings with Price Drops
31.3%

Market Activity

Source: Redfin

Homes Sold

15

New Listings

12

Pending Sales

11

Homes Sold 11.8%New Listings 57.1%Pending 52.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$134

Median List $/SF

$123

Sale $/SF 14.5%List $/SF 7.0%Mar 24Jan 26

Morton vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Morton 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

$238,900

Median Rent

$1,001

Total Housing Units

7,416

Vacancy Rate

8.3%

Owner Occupied

78.2%

Renter Occupied

21.8%

Median Property Tax

$4,804

per year

Monthly Cost (w/ Mortgage)

$1,248

Housing Types

Single Family
76.0%
Multi-Family
16.9%
Mobile Home
7.0%

The current median sale price in Morton, IL is $245,000 according to Redfin data. Homes spend a median of 28 days on the market. 20.0% of homes sold above asking price. The market has 1.1 months of supply. The median price per square foot is $134. Zillow's observed rent index is $1,799/month. About 78.2% of housing units are owner-occupied. The median year homes were built is 1975. There are 7,416 total housing units.