224 homes sold in Morton in the last year, at a typical $280K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Morton homes are listed.
Every place Morton homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Morton.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
7% of Morton’s sales are condos, at $98K less than a house
204 houses and 16 condos sold in the year to May 2026. Condos sell faster.
typical sale · 204 sold in 12 months
- Per square foot
- $133IL $180
- Days to sell
- 17
- Sold over asking
- 47%
- Listings with a price cut
- 42%
typical sale · 16 sold in 12 months
- Per square foot
- $130IL $251
- Days to sell
- 9
- Sold over asking
- 44%
- Listings with a price cut
- 67%
Multi-family (2–4 units): 3 sold, typical $289K
Townhouses: 1 sold, typical $550K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.5 times the 2016 price
224 sales in the last year, against 307 in 2021 and a low of 191 in 2023. The typical sale went from $185K in 2016 to $280K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Morton
Check a listing against what Morton homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Morton are more common than before the pandemic, but 79% fewer homes come up for sale
We read every month of Morton’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 224 sales.
If you’re buying in Morton
- Shop in July. It brings about 27 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
- Bid near asking. Buyers paid 101.1% of the list price on average; 46% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 28 a month), but June is the most competitive: 26% of June sales close over asking. July offers nearly as much choice with fewer homes bid up (18%). January has the least competition (10%) but only about 13 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than Illinois
| Morton now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 46% | 6% | 27% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 53% | 4% | 2% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 41% | — | — | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 101.1% | 96.6% | 99.3% | 99.2% |
| Days to sellMedian days from listing to contract | 15 | 94 | 61 | 49 |
19 homes for sale on a typical day
That’s 1.2 times the 2023 low (16), 79% fewer than in 2017–19 and well under 2016’s 107.
1 in 2 listings has cut its price
41% in the last year, against — in 2017–19 and 19% across Illinois.
Since 2019, houses are up 66%, condos 13%
A house typically sold for $286K in the last year (204 sales), a condo for $188K (16).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Morton ranks 51st of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Morton is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Morton home costs about $1,925 a month
Price: Morton’s typical sale, last 12 months. Property tax at Morton’s 2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Morton is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 9.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $280K home, about $5,570 a year.
Taxes vs. neighborsSchools
The schools grade for Morton, from test results, graduation and how much students grow.
Schools in MortonCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
East Peoria, Tremont, Creve Coeur, Marquette Heights and Pekin sell for less a square foot
The busier markets within 25 miles of Morton, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Pekin | 472 | $132K | $95 | 35% | 21 |
| East Peoria | 294 | $178K | $117 | 45% | 14 |
| Morton | 224 | $280K | $133 | 46% | 15 |
| Washington | 216 | $267K | $132 | 44% | 13 |
| Creve Coeur | 77 | $114K | $88 | 39% | 31 |
| Marquette Heights | 42 | $147K | $111 | 36% | 24 |
| Tremont | 24 | $218K | $122 | 25% | 28 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Morton, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Morton. People who follow the town see it, and so do people comparing Morton with their own town. No commission, no listing fee.
Questions about buying a home in Morton
What do homes sell for in Morton, IL?
224 homes sold in the year to May 2026 at a typical $280K, $133 a square foot. Houses sold for about $286K, condos for about $188K.
Is Morton a buyer’s or seller’s market?
A seller’s market: 17 homes were for sale in May 2026 and 21 sold, about 0.8 months of supply. Buyers paid 101.1% of asking on average, and 41% of listings cut their price.
When is the best time to buy in Morton?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Morton?
About 2% of a home’s value a year. On a $280K home that’s near $5,570.
Where can I see homes for sale in Morton?
Zillow, Redfin, Realtor.com and Homes.com all carry Morton’s MLS listings; the search links above open each one filtered to Morton.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).