Call or Text (240) SELL-123
Downtown Fields of Saratoga Lisbon North

MORRIS, IL 60450

Real Estate Market Report  ·  Grundy County
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60450

Downtown · Fields of Saratoga · Lisbon North

Market Analysis

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

The MORRIS, IL real estate market (60450) currently shows 62 active listings, with 27 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 32 days on market compared to 37 days last year.

The median listing price has fallen 12.3% year-over-year, from $398,000 to $349,175.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MORRIS, IL 60450 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 20,729  ·  Density: 50.8/mi²  ·  Median household income: $82,295

Typical home value: $256,088  ·  Homeownership: 65.7%

Market Overview

Active Listings
62
⇧ 3.3% vs 60 last year
Pending
27
44% pending ratio
Median Price
$349,175
⇩ 12.3% vs $398,000 last year
Average Price
$417,928
⇩ 19.1% vs $516,371 last year
Days on Market
32
⇩ 13.5% vs 37 days last year

Price Per Square Foot

Median $/sqft
$179
⇩ 6.3% vs $191/sqft last year
Median Home Size
1,927 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 62 this year vs 60 last year
  • Days on market: 32 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $349,175 (-12.3% YoY)
  • Average: $417,928 (-19.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.1 miles — 349 listings ($163,202,617 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60450Morris, IL 604500.0 mi42$15,454,278$319,000$367,959
61360Seneca, IL 613609.2 mi6$3,221,598$412,000$536,933
60447Minooka, IL 604479.9 mi49$19,609,261$359,999$400,189
60541Newark, IL 6054111.3 mi7$3,121,244$464,450$445,892
60407Braceville, IL 6040713.1 mi2$723,950$361,975$361,975
61341Marseilles, IL 6134113.6 mi16$2,976,032$154,925$186,002
60424Gardner, IL 6042415.1 mi5$2,186,875$433,000$437,375
60474South Wilmington, IL 6047415.9 mi2$545,000$272,500$272,500
60560Yorkville, IL 6056016.4 mi116$70,076,296$454,000$604,106
60536Millbrook, IL 6053616.9 mi1$1,290,000$1,290,000$1,290,000
60586Plainfield, IL 6058617.4 mi87$37,287,591$415,500$428,593
60549Serena, IL 6054918.0 mi3$809,376$301,875$269,792
60421Elwood, IL 6042118.1 mi13$5,901,116$342,500$453,932

Frequently Asked Questions

How many homes are for sale in MORRIS, IL 60450?

As of September 2026, there are 62 active listings in MORRIS, IL (zip code 60450), compared to 60 the prior year.

What is the median home price in MORRIS, IL 60450?

The median listing price in MORRIS, IL 60450 is $349,175 as of September 2026, a 12.3% decrease from $398,000 the prior year.

How long do homes stay on the market in MORRIS, IL?

Homes in MORRIS, IL 60450 spend an average of 32 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in MORRIS, IL 60450?

Based on current inventory and days-on-market data as of September 2026, MORRIS, IL 60450 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 32 days on market compared to 37 days last year.

How much can I save on real estate commission in MORRIS, IL?

With SELL123.com's maximum 3% commission, sellers in MORRIS, IL 60450 save an estimated $6,984 compared to a typical 5% commission on the median listing price of $349,175. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.