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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 $327,280.
In Morton, IL, how many homes are available?
There are currently 26 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 $12,272,406.
What is currently the cheapest priced home in Morton, IL?
The cheapest home for sale in Morton is priced at $18,162.

Living in Morton, IL

Morton, IL is a welcoming community with a strong sense of togetherness, known for its family-friendly events and outdoor recreational opportunities. Its convenient access to local amenities and quality schools makes it an ideal place for families and individuals looking for a friendly neighborhood atmosphere.

Current Market Conditions in Morton, IL

The real estate market in Morton, IL is currently strong, characterized by steady demand for homes due to the community's appeal. With a mix of traditional and modern homes available, buyers are seeing a variety of options to choose from. The market has been witnessing a slight increase in property values, reflecting the overall growth in Tazewell County.

Rent prices have also been on the rise, as more individuals and families are showing interest in relocating to Morton. The town's reputation for quality schools and a secure environment is driving demand, making it a favorable time for sellers.

Home Value Estimator For Morton, IL

There are currently 6,995 real estate properties in Morton, IL, with a median automated valuation model (AVM) price of $266,280.00. 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 $327,280.00, with the most expensive house in Morton, IL, topping out at $12,272,406.00 and the cheapest home in Morton, IL, clocking in at $18,162.00. 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: 26

Market Values:

Home Prices from $18,162 to $12,272,406

Average Sales Price: $327,280

Rental Values:

Rental from $580 to $3,480

Average Rent Value: $1,655 / month

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