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Foreclosure Homes in Morton, IL

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Morton, IL Foreclosures

How much do homes sell for in Morton, IL?
The average home price is currently $326,491.
In Morton, IL, how many homes are available?
There are currently 23 active home listings available in Morton.
What’s the average rental cost in Morton, IL?
The average rental price in Morton is $1,655.
What is the most expensive home in Morton?
The most expensive home sold in Morton had a price of $12,176,244.
What is currently the cheapest priced home in Morton, IL?
The cheapest home for sale in Morton is priced at $17,940.

Living in Morton, IL

Morton, IL is a charming suburb that prides itself on community spirit and excellent educational opportunities. With parks and recreational facilities scattered throughout, it is an ideal location for families who enjoy an active outdoor lifestyle. This welcoming town also provides easy access to nearby urban centers while maintaining a peaceful environment.

Current Market Conditions in Morton, IL

The real estate market in Morton is currently characterized by rising property values, reflecting the area's appeal to families and investors alike. Homes sell quickly, indicating strong demand and a competitive market environment fueled by its excellent schools and community-oriented lifestyle.

Recent trends show an influx of young professionals and families looking for affordable housing options while enjoying suburban amenities. This trend is likely to continue as more people recognize the benefits of living in Morton, contributing to a solid investment opportunity for real estate investors.

Home Value Estimator For Morton, IL

There are currently 6,934 real estate properties in Morton, IL, with a median automated valuation model (AVM) price of $265,038.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morton, 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 Morton, IL, is $326,491.00, with the most expensive house in Morton, IL, topping out at $12,176,244.00 and the cheapest home in Morton, IL, clocking in at $17,940.00. In other words, there’s something for every potential homebuyer or savvy investor in Morton, IL!

Rent Prices In Morton, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morton, IL, is on a rollercoaster ride. The average rent price in Morton, IL, is $1,655.00. Indeed, when looking to rent in Morton, IL, you can expect to pay as little as $580.00 or as much as $3,480.00, with the average rent median estimated to be $1,590.00. The good news is that finding an affordable and desirable property to rent in Morton, 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.

Morton, IL Foreclosures

Market Trend for Morton, IL

Total Listings Available: 23

Market Values:

Home Prices from $17,940 to $12,176,244

Average Sales Price: $326,491

Rental Values:

Rental from $580 to $3,480

Average Rent Value: $1,655 / month

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