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MOUNT MORRIS, IL 61054

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

Market Analysis

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

The MOUNT MORRIS, IL real estate market (61054) currently shows 8 active listings, with 4 pending sales. Homes are averaging 29 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 29 days on market compared to 27 days last year.

The median listing price has fallen 4.1% year-over-year, from $181,175 to $173,750.

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
⇩ 11.1% vs 9 last year
Pending
4
50% pending ratio
Median Price
$173,750
⇩ 4.1% vs $181,175 last year
Average Price
$171,875
⇧ 4.6% vs $164,321 last year
Days on Market
29
⇧ 7.4% vs 27 days last year

Price Per Square Foot

Median $/sqft
$140
⇧ 118.8% vs $64/sqft last year
Median Home Size
1,340 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 9 last year
  • Days on market: 29 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $173,750 (-4.1% YoY)
  • Average: $171,875 (+4.6% 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
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 June 2026, there are 8 active listings in MOUNT MORRIS, IL (zip code 61054), compared to 9 the prior year.

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

The median listing price in MOUNT MORRIS, IL 61054 is $173,750 as of June 2026, a 4.1% decrease from $181,175 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 29 days on the market before going under contract, compared to 27 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 June 2026, MOUNT MORRIS, IL 61054 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 29 days on market compared to 27 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 $3,475 compared to a typical 5% commission on the median listing price of $173,750. 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.