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MORRISON, IL 61270

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

Market Analysis

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

The MORRISON, IL real estate market (61270) currently shows 35 active listings, with 10 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 63 days on market compared to 83 days last year.

The median listing price has fallen 12.1% year-over-year, from $164,900 to $144,900.

Whether you are buying or selling in MORRISON, 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: 7,096  ·  Density: 18.1/mi²  ·  Median household income: $82,054

Typical home value: $148,762  ·  Homeownership: 81.4%

Market Overview

Active Listings
35
⇧ 16.7% vs 30 last year
Pending
10
29% pending ratio
Median Price
$144,900
⇩ 12.1% vs $164,900 last year
Average Price
$225,330
⇧ 15.9% vs $194,433 last year
Days on Market
63
⇩ 24.1% vs 83 days last year

Price Per Square Foot

Median $/sqft
$93
⇧ 10.7% vs $84/sqft last year
Median Home Size
1,497 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 35 this year vs 30 last year
  • Days on market: 63 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $144,900 (-12.1% YoY)
  • Average: $225,330 (+15.9% 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 22.3 miles — 156 listings ($38,553,687 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61270Morrison, IL 612700.0 mi33$7,354,116$143,675$222,852
61252Fulton, IL 612528.1 mi19$4,461,561$208,675$234,819
61014Chadwick, IL 6101410.8 mi3$569,775$189,925$189,925
61285Thomson, IL 6128512.1 mi8$1,858,200$214,500$232,275
61230Albany, IL 6123014.2 mi8$1,258,160$159,900$157,270
61071Rock Falls, IL 6107115.5 mi25$4,684,200$165,675$187,368
61277Prophetstown, IL 6127715.7 mi9$2,317,032$189,000$257,448
61283Tampico, IL 6128318.9 mi1$84,900$84,900$84,900
52730Camanche, IA 5273019.9 mi15$3,723,405$232,850$248,227
61046Lanark, IL 6104620.5 mi20$8,770,340$382,000$438,517
61257Hillsdale, IL 6125721.2 mi2$720,000$360,000$360,000
52070Sabula, IA 5207021.7 mi2$950,000$475,000$475,000
61064Polo, IL 6106422.3 mi11$1,801,998$162,500$163,818

Frequently Asked Questions

How many homes are for sale in MORRISON, IL 61270?

As of March 2026, there are 35 active listings in MORRISON, IL (zip code 61270), compared to 30 the prior year.

What is the median home price in MORRISON, IL 61270?

The median listing price in MORRISON, IL 61270 is $144,900 as of March 2026, a 12.1% decrease from $164,900 the prior year.

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

Homes in MORRISON, IL 61270 spend an average of 63 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in MORRISON, IL 61270?

Based on current inventory and days-on-market data as of March 2026, MORRISON, IL 61270 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 63 days on market compared to 83 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MORRISON, IL 61270 save an estimated $2,898 compared to a typical 5% commission on the median listing price of $144,900. 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.