Zip 61270 (Morrison, IL) Housing

In 61270 Morrison, IL the median house value is $135,800 which is substantially lower than the US median house value of $338,100. The one year appreciation rate in this area is 6.99%, which is slightly lower than the US average of 8.27%. Despite this difference in appreciation rate, housing in Morrison remains an attractive option for those looking to purchase a home at an affordable price.

The median home cost in Morrison (zip 61270) is $135,800. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Morrison (zip 61270) is up 8.3%.

Average Age of Homes

- The median age of Morrison (zip 61270) real estate is 61 years old

The Rental Market in Morrison (zip 61270)

- Renters make up 18.4% of the Morrison (zip 61270) population
- 0.8% of houses and apartments in Morrison (zip 61270), 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	Morrison, Illinois	United States
	3,038.0	139,647,020.0
	63	42
	$135,800	$338,100
	8.3%	16.6%
	28.5%	57.0%
	34.4%	101.1%
	$18.76	$10.98
	$2,576	$2,690
	74.3%	57.4%
	10.0%	11.2%
	15.7%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	3.3%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	2.0%	2.4%
	2.9%	2.8%
	9.4%	3.9%
	14.8%	4.5%
	25.1%	11.3%
	25.1%	13.0%
	11.1%	20.1%
	4.9%	13.6%
	2.7%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.8%	13.6%
	5.8%	13.6%
	6.6%	13.6%
	4.1%	13.2%
	12.5%	14.8%
	6.6%	13.6%
	13.4%	10.0%
	7.5%	4.7%
	31.7%	12.2%

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