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MOUNT MORRIS, IL 61054

Real Estate Market Report  ·  Ogle County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
7
⇧ 40% vs 5 last year
Pending
4
57% pending ratio
Median Price
$159,000
⇩ 5.9% vs $169,000 last year
Average Price
$159,000
⇩ 8.6% vs $173,917 last year
Days on Market
85
⇧ 193.1% vs 29 days last year

Market Context

Population: 3,633  ·  Density: 33.6/mi²  ·  Median household income: $48,387

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

Market Analysis

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

The MOUNT MORRIS, IL real estate market (61054) currently shows 7 active listings, with 4 pending sales. Homes are averaging 85 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 taking longer to sell, averaging 85 days on market compared to 29 days last year.

The median listing price has fallen 5.9% year-over-year, from $169,000 to $159,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 5 last year
  • Days on market: 85 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $159,000 (-5.9% YoY)
  • Average: $159,000 (-8.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.9 miles — 281 listings ($67,462,390 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61054Mount Morris, IL 610540.0 mi7$1,113,000$159,000$159,000
61047Leaf River, IL 610477.2 mi3$1,327,350$442,450$442,450
61064Polo, IL 610648.6 mi9$1,631,187$155,000$181,243
61010Byron, IL 6101010.7 mi13$3,867,162$335,658$297,474
61015Chana, IL 6101513.3 mi1$349,900$349,900$349,900
61021Dixon, IL 6102115.7 mi51$15,142,206$207,000$296,906
61031Franklin Grove, IL 6103116.8 mi3$3,262,500$1,087,500$1,087,500
61067Ridott, IL 6106717.3 mi2$599,800$299,900$299,900
61088Winnebago, IL 6108817.7 mi15$4,726,470$287,000$315,098
61020Davis Junction, IL 6102018.2 mi10$2,655,470$271,215$265,547
61102Rockford, IL 6110219.1 mi35$7,611,345$219,900$217,467
61032Freeport, IL 6103220.4 mi84$14,854,224$169,900$176,836
61081Sterling, IL 6108120.9 mi48$10,321,776$159,900$215,037

Frequently Asked Questions

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

As of January 2026, there are 7 active listings in MOUNT MORRIS, IL (zip code 61054), compared to 5 the prior year.

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

The median listing price in MOUNT MORRIS, IL 61054 is $159,000 as of January 2026, a 5.9% decrease from $169,000 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 85 days on the market before going under contract, compared to 29 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 January 2026, MOUNT MORRIS, IL 61054 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 29 days last year.

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 $3,180 compared to a typical 5% commission on the median listing price of $159,000. 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.