Is Morrison, IL 61270 a buyer’s or seller’s market?
Morrison is a seller’s market. With about 2.5 months of supply and 31% 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 supply2.5Under 4 months = seller’s market
Sold above original list30.8%Share of sales, last 3 months
Median sale-to-list95.4%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$101▲ +2.4% vs. last year
Run the numbers for 61270
Nearby markets
Albany 61230Seller’s market $121 /sq ftDeer Grove 61243 — /sq ftErie 61250Seller’s market $95 /sq ftFenton 61251Seller’s market $171 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology