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County Overview

Morgan County, IL

Aggregate real estate market report across county ZIPs
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Morgan County, IL real estate market currently shows 89 active listings, with 45 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 39 days on market compared to 32 days last year.

The median listing price has fallen 1.6% year-over-year, from $154,900 to $152,475.

Whether you are buying or selling in Morgan County, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 32,721  ·  Density: 41.5/mi²  ·  Median household income: $61,769

Typical home value: $127,934  ·  Homeownership: 71%

Included Areas

Jacksonville: 62650, 62651

Alexander: 62601

Chapin: 62628

Concord: 62631

Franklin: 62638

Literberry: 62660

Meredosia: 62665

Murrayville: 62668

Waverly: 62692

Woodson: 62695

Area Map

Market Overview

Active Listings
89
⇧ 41.3% vs 63 last year
Pending
45
51% pending ratio
Median Price
$152,475
⇩ 1.6% vs $154,900 last year
Average Price
$175,565
⇧ 0.2% vs $175,175 last year
Days on Market
39
⇧ 21.9% vs 32 days last year

Price Per Square Foot

Median $/sqft
$97
⇧ 11.5% vs $87/sqft last year
Median Home Size
1,478 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇩ 5.2% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %