Zip 61054 (Mount Morris, IL) Housing

The housing market in Mount Morris, IL (61054) is currently quite healthy. The median value of houses in the area is $121,600, which is well below the national median value of $338,100. In the past year, homes in Mount Morris have appreciated by 7.18%, slightly below the US average appreciation rate of 8.27%. This indicates that there is a steady demand for housing in Mount Morris and buyers are generally willing to pay a fair price for homes in this area.

The median home cost in Mount Morris (zip 61054) is $121,600. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Mount Morris (zip 61054) is up 14.1%.

Average Age of Homes

- The median age of Mount Morris (zip 61054) real estate is 63 years old

The Rental Market in Mount Morris (zip 61054)

- Renters make up 26.5% of the Mount Morris (zip 61054) population
- 0.0% of houses and apartments in Mount Morris (zip 61054), 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	Mount Morris, Illinois	United States
	1,937.0	139,647,020.0
	66	42
	$121,600	$338,100
	14.1%	16.6%
	42.4%	57.0%
	50.3%	101.1%
	$25.10	$10.98
	$2,929	$2,690
	58.5%	57.4%
	5.5%	11.2%
	35.9%	31.4%
Vacant Housing
	0.0%	1.9%
	1.2%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	11.1%	2.8%
	15.5%	3.9%
	12.7%	4.5%
	28.9%	11.3%
	19.0%	13.0%
	7.0%	20.1%
	5.7%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.7%	13.6%
	6.7%	13.6%
	2.9%	13.6%
	10.0%	13.2%
	12.4%	14.8%
	2.9%	13.6%
	16.9%	10.0%
	13.8%	4.7%
	27.8%	12.2%

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