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MOUNT MORRIS, IL 61054

Real Estate Market Report  ·  Ogle County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MOUNT MORRIS, IL real estate market (61054) currently shows 8 active listings, with 3 pending sales. Homes are averaging 28 days on the market before going under contract.

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

The median listing price has fallen 25% year-over-year, from $247,400 to $185,475.

Whether you are buying or selling in MOUNT MORRIS, 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: 3,633  ·  Density: 33.6/mi²  ·  Median household income: $48,387

Typical home value: $126,171  ·  Homeownership: 65.9%

Market Overview

Active Listings
8
⇧ 33.3% vs 6 last year
Pending
3
38% pending ratio
Median Price
$185,475
⇩ 25% vs $247,400 last year
Average Price
$195,317
⇩ 21.1% vs $247,400 last year
Days on Market
28
vs 28 days last year

Price Per Square Foot

Median $/sqft
$116
⇩ 25.2% vs $155/sqft last year
Median Home Size
1,769 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 6 last year
  • Days on market: 28 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $185,475 (-25% YoY)
  • Average: $195,317 (-21.1% 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 22.2 miles — 166 listings ($48,039,722 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61054Mount Morris, IL 610540.0 mi6$1,151,802$181,450$191,967
61047Leaf River, IL 610477.2 mi4$1,425,952$238,225$356,488
61064Polo, IL 610648.6 mi11$1,801,998$162,500$163,818
61010Byron, IL 6101010.7 mi17$5,010,291$324,953$294,723
61084Stillman Valley, IL 6108413.9 mi7$4,042,556$602,500$577,508
61078Shannon, IL 6107816.5 mi6$1,973,400$345,000$328,900
61051Milledgeville, IL 6105117.0 mi7$978,075$114,975$139,725
61043Holcomb, IL 6104317.5 mi2$399,800$199,900$199,900
61006Ashton, IL 6100618.2 mi4$860,332$204,750$215,083
61063Pecatonica, IL 6106318.5 mi6$2,648,880$357,500$441,480
61046Lanark, IL 6104619.2 mi20$8,770,340$382,000$438,517
61068Rochelle, IL 6106820.9 mi32$9,783,904$294,450$305,747
61109Rockford, IL 6110922.2 mi44$9,192,392$196,225$208,918

Frequently Asked Questions

How many homes are for sale in MOUNT MORRIS, IL 61054?

As of March 2026, there are 8 active listings in MOUNT MORRIS, IL (zip code 61054), compared to 6 the prior year.

What is the median home price in MOUNT MORRIS, IL 61054?

The median listing price in MOUNT MORRIS, IL 61054 is $185,475 as of March 2026, a 25% decrease from $247,400 the prior year.

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

Homes in MOUNT MORRIS, IL 61054 spend an average of 28 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in MOUNT MORRIS, IL 61054?

Based on current inventory and days-on-market data as of March 2026, MOUNT MORRIS, IL 61054 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

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

With SELL123.com's maximum 3% commission, sellers in MOUNT MORRIS, IL 61054 save an estimated $3,710 compared to a typical 5% commission on the median listing price of $185,475. 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.