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

MORRIS, IL 60450

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

Neighborhoods in ZIP 60450

Downtown · Fields of Saratoga · Lisbon North

Market Analysis

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

The MORRIS, IL real estate market (60450) currently shows 42 active listings, with 18 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 39 days on market compared to 77 days last year.

The median listing price has risen 6.6% year-over-year, from $299,375 to $319,000.

Whether you are buying or selling in 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.

★ 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
42
⇧ 23.5% vs 34 last year
Pending
18
43% pending ratio
Median Price
$319,000
⇧ 6.6% vs $299,375 last year
Average Price
$367,959
⇩ 23.3% vs $479,826 last year
Days on Market
39
⇩ 49.4% vs 77 days last year

Price Per Square Foot

Median $/sqft
$172
⇧ 1.2% vs $170/sqft last year
Median Home Size
1,751 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 34 last year
  • Days on market: 39 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $319,000 (+6.6% YoY)
  • Average: $367,959 (-23.3% 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 19.5 miles — 308 listings ($113,775,200 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60450Morris, IL 604500.0 mi42$16,831,710$331,000$400,755
61360Seneca, IL 613609.2 mi5$3,242,375$479,450$648,475
60447Minooka, IL 604479.9 mi49$19,122,544$362,500$390,256
60541Newark, IL 6054111.3 mi6$3,009,180$559,000$501,530
60407Braceville, IL 6040713.1 mi2$990,000$495,000$495,000
61341Marseilles, IL 6134113.6 mi16$3,046,928$155,000$190,433
60424Gardner, IL 6042415.1 mi5$2,116,125$396,950$423,225
60431Joliet, IL 6043116.3 mi88$32,532,896$365,000$369,692
60481Wilmington, IL 6048116.8 mi38$13,861,564$267,450$364,778
60551Sheridan, IL 6055117.0 mi10$6,655,380$592,300$665,538
60470Ransom, IL 6047017.7 mi1$815,400$815,400$815,400
60436Joliet, IL 6043618.1 mi43$10,302,198$229,200$239,586
60935Essex, IL 6093519.5 mi3$1,248,900$339,000$416,300

Frequently Asked Questions

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

As of February 2026, there are 42 active listings in MORRIS, IL (zip code 60450), compared to 34 the prior year.

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

The median listing price in MORRIS, IL 60450 is $319,000 as of February 2026, a 6.6% increase from $299,375 the prior year.

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

Homes in MORRIS, IL 60450 spend an average of 39 days on the market before going under contract, compared to 77 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 February 2026, MORRIS, IL 60450 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 39 days on market compared to 77 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 $6,380 compared to a typical 5% commission on the median listing price of $319,000. 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.