Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Morrison, IL. There are 9 discounted homes for sale in Morrison, IL we think you'll love.
Morrison, Illinois, is a charming small town located in Whiteside County. With its rich history and community-focused vibe, it offers residents a peaceful lifestyle combined with easy access to urban amenities. The town is known for its beautiful parks, quality schools, and a welcoming atmosphere that makes it an attractive place for families and retirees alike.
There are currently 2,591 real estate properties in Morrison, IL, with a median automated valuation model (AVM) price of $140,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morrison, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Morrison, IL, is $160,805.00, with the most expensive house in Morrison, IL, topping out at $5,025,610.00 and the cheapest home in Morrison, IL, clocking in at $12,730.00. In other words, there’s something for every potential homebuyer or savvy investor in Morrison, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morrison, IL, is on a rollercoaster ride. The average rent price in Morrison, IL, is $1,170.00. Indeed, when looking to rent in Morrison, IL, you can expect to pay as little as $630.00 or as much as $2,130.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Morrison, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Millions of people receive foreclosure alerts daily, don't miss out.
Learn more on Foreclosure homes
