Is Mount Morris, IL 61054 a buyer’s or seller’s market?
Mount Morris is a seller’s market. With about 0.9 months of supply and 55% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply0.9Under 4 months = seller’s market
Sold above original list54.5%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$103▼ −1.4% vs. last year
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Nearby markets
Baileyville 61007 — /sq ftByron 61010Seller’s market $147 /sq ftChana 61015Seller’s market $190 /sq ftCreston 60113 — /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology