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Bankruptcy 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 $326,929.
In Morton, IL, how many homes are available?
There are currently 18 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 $12,374,089.
What is currently the cheapest priced home in Morton, IL?
The cheapest home for sale in Morton is priced at $18,188.

Living in Morton, IL

Morton, a charming village in Illinois, offers a delightful blend of suburban living with easy access to urban amenities. Known for its welcoming community and family-friendly environment, Morton boasts excellent schools and a variety of recreational options. With a great selection of local shops, parks, and eateries, residents enjoy a comfortable lifestyle.

Current Market Conditions in Morton, IL

The real estate market in Morton is currently experiencing steady growth, driven by demand for family homes in a safe and friendly environment. Prices have seen a moderate increase as buyers look for affordable options close to Peoria while seeking a suburban lifestyle.

As of the latest statistics, homes in Morton are selling well, with many listings receiving multiple offers. The inventory remains relatively low, increasing competition among buyers, which is influencing prices and encouraging sellers to take advantage of the market conditions.

Home Value Estimator For Morton, IL

There are currently 6,938 real estate properties in Morton, IL, with a median automated valuation model (AVM) price of $266,609.00. 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 $326,929.00, with the most expensive house in Morton, IL, topping out at $12,374,089.00 and the cheapest home in Morton, IL, clocking in at $18,188.00. 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 Bankruptcy Homes

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