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Foreclosure Homes in Mount Morris, IL

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Mount Morris, IL Foreclosures

How much do homes sell for in Mount Morris, IL?
The average home price is currently $152,959.
In Mount Morris, IL, how many homes are available?
There are currently 11 active home listings available in Mount Morris.
What’s the average rental cost in Mount Morris, IL?
The average rental price in Mount Morris is $1,063.
What is the most expensive home in Mount Morris?
The most expensive home sold in Mount Morris had a price of $2,254,919.
What is currently the cheapest priced home in Mount Morris, IL?
The cheapest home for sale in Mount Morris is priced at $12,720.

Living in Mount Morris, IL

Mount Morris offers a serene village lifestyle with a close-knit community feel. It boasts various local parks and recreational areas, making it an appealing option for nature lovers. With its rich history and small-town charm, Mount Morris is a great place for families and retirees alike.

Current Market Conditions in Mount Morris, IL

The real estate market in Mount Morris is currently stable, with a mix of family homes and investment properties. Prices remain affordable, making it accessible for first-time homebuyers and those seeking rental opportunities.

Home Value Estimator For Mount Morris, IL

There are currently 1,266 real estate properties in Mount Morris, IL, with a median automated valuation model (AVM) price of $139,875.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mount Morris, 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 Mount Morris, IL, is $152,959.00, with the most expensive house in Mount Morris, IL, topping out at $2,254,919.00 and the cheapest home in Mount Morris, IL, clocking in at $12,720.00. In other words, there’s something for every potential homebuyer or savvy investor in Mount Morris, IL!

Rent Prices In Mount Morris, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mount Morris, IL, is on a rollercoaster ride. The average rent price in Mount Morris, IL, is $1,063.00. Indeed, when looking to rent in Mount Morris, IL, you can expect to pay as little as $540.00 or as much as $2,010.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Mount Morris, 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.

Mount Morris, IL Foreclosures

Market Trend for Mount Morris, IL

Total Listings Available: 11

Market Values:

Home Prices from $12,720 to $2,254,919

Average Sales Price: $152,959

Rental Values:

Rental from $540 to $2,010

Average Rent Value: $1,063 / month

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