Zip 60450 (Morris, IL) Housing

Morris, IL has an impressive housing market. Median house values in Morris are around $244,600, which is significantly lower than the US median of $338,100. However, Morris still experiences a positive rate of appreciation with values increasing by 9.35% over the past year. This figure stands above the national average of 8.27%, indicating that Morris homes provide a great investment opportunity for prospective buyers and current homeowners alike.

The median home cost in Morris (zip 60450) is $244,600. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Morris (zip 60450) is up 13.7%.

Average Age of Homes

- The median age of Morris (zip 60450) real estate is 41 years old

The Rental Market in Morris (zip 60450)

- Renters make up 26.7% of the Morris (zip 60450) population
- 1.1% of houses and apartments in Morris (zip 60450), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Morris, Illinois	United States
	8,811.0	139,647,020.0
	41	42
	$244,600	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$21.20	$10.98
	$4,698	$2,690
	61.5%	57.4%
	4.0%	11.2%
	34.5%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	0.5%	2.4%
	0.2%	2.8%
	0.4%	3.9%
	2.9%	4.5%
	13.6%	11.3%
	23.9%	13.0%
	32.3%	20.1%
	13.1%	13.6%
	9.3%	8.3%
	1.7%	9.7%
	0.4%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.9%	13.6%
	12.9%	13.6%
	17.9%	13.6%
	15.2%	13.2%
	13.6%	14.8%
	17.9%	13.6%
	6.7%	10.0%
	2.4%	4.7%
	16.6%	12.2%

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