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Condo Foreclosures in Mount Morris, IL

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Mount Morris, IL Foreclosures

Current Market Conditions in in Mount Morris, IL As of March 2026?
Over the past month, the Mount Morris real estate market has seen a slight increase in home sales, indicating a growing interest among buyers. Listings are beginning to attract more offers, particularly for family-sized homes and properties with expansive yards. The overall inventory remains stable, providing buyers with a variety of options while ensuring a healthy market turnover.
How much do homes sell for in Mount Morris, IL?
The average home price is currently $178,100.
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 $2,721,807.
What is currently the cheapest priced home in Mount Morris, IL?
The cheapest home for sale in Mount Morris is priced at $11,569.

Living in Mount Morris, IL

Nestled in Ogle County, Mount Morris, IL, is a charming village that embodies small-town charm with a focus on community living. The scenic beauty of parks and the Rock River enhances its appeal, making it a family-friendly environment. Residents enjoy a peaceful lifestyle with easy access to nearby urban conveniences.

Buyer vs Seller Market in Mount Morris, IL

The real estate market in Mount Morris is characterized by stable home prices with a slight upward trend due to growing interest in the area. The small-town charm and affordable living attract homebuyers, particularly first-time buyers looking for spacious properties with land.

Currently, there is a good balance between supply and demand, with homes generally selling within a few months on the market. The influx of new residents seeking a peaceful lifestyle continues to foster market growth.

Home Value Estimator For Mount Morris, IL

There are currently 1,369 real estate properties in Mount Morris, IL, with a median automated valuation model (AVM) price of $139,857.00. 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 $178,100.00, with the most expensive house in Mount Morris, IL, topping out at $2,721,807.00 and the cheapest home in Mount Morris, IL, clocking in at $11,569.00. 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 Condos

Market Trend for Mount Morris, IL

Total Listings Available: 0

Market Values:

Home Prices from $11,569 to $2,721,807

Average Sales Price: $178,100

Rental Values:

Rental from $540 to $2,010

Average Rent Value: $1,063 / month

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