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MORTON, IL 61550

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

Market Analysis

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

The MORTON, IL real estate market (61550) currently shows 31 active listings, with 19 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are selling faster, averaging 30 days on market compared to 53 days last year.

The median listing price has risen 15.5% year-over-year, from $273,675 to $316,150.

Whether you are buying or selling in MORTON, 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: 18,483  ·  Density: 173.1/mi²  ·  Median household income: $88,159

Typical home value: $231,503  ·  Homeownership: 79.9%

Market Overview

Active Listings
31
⇧ 47.6% vs 21 last year
Pending
19
61% pending ratio
Median Price
$316,150
⇧ 15.5% vs $273,675 last year
Average Price
$439,590
⇧ 44.9% vs $303,412 last year
Days on Market
30
⇩ 43.4% vs 53 days last year

Price Per Square Foot

Median $/sqft
$134
⇧ 6.3% vs $126/sqft last year
Median Home Size
2,382 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 21 last year
  • Days on market: 30 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $316,150 (+15.5% YoY)
  • Average: $439,590 (+44.9% 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 15.6 miles — 293 listings ($70,252,615 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61550Morton, IL 615500.0 mi26$10,358,868$269,900$398,418
61571Washington, IL 615716.6 mi38$11,983,870$219,900$315,365
61755Mackinaw, IL 617557.9 mi10$2,761,750$234,950$276,175
61610Creve Coeur, IL 616108.6 mi11$1,737,263$172,450$157,933
61603Peoria, IL 616039.9 mi57$4,862,670$64,000$85,310
61606Peoria, IL 6160610.9 mi21$2,803,836$129,900$133,516
61729Congerville, IL 6172911.4 mi3$660,000$220,000$220,000
61616Peoria Heights, IL 6161611.7 mi14$5,599,538$269,000$399,967
61607Peoria, IL 6160713.0 mi23$4,215,440$192,450$183,280
61614Peoria, IL 6161413.4 mi68$17,002,516$214,945$250,037
61759Minier, IL 6175913.6 mi3$768,999$260,000$256,333
61548Metamora, IL 6154813.8 mi15$6,107,865$360,000$407,191
61547Mapleton, IL 6154715.6 mi4$1,390,000$347,500$347,500

Frequently Asked Questions

How many homes are for sale in MORTON, IL 61550?

As of February 2026, there are 31 active listings in MORTON, IL (zip code 61550), compared to 21 the prior year.

What is the median home price in MORTON, IL 61550?

The median listing price in MORTON, IL 61550 is $316,150 as of February 2026, a 15.5% increase from $273,675 the prior year.

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

Homes in MORTON, IL 61550 spend an average of 30 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in MORTON, IL 61550?

Based on current inventory and days-on-market data as of February 2026, MORTON, IL 61550 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 30 days on market compared to 53 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MORTON, IL 61550 save an estimated $6,323 compared to a typical 5% commission on the median listing price of $316,150. 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.