Let's take a look at the Morton IL real estate market trends over the past six months. This report consists of properties that are located in Morton High School District. It includes all residential properties including single family and single family attached properties but does not include lots.
Morton IL Real Estate - Homes for Sale
There are currently (08/09/2020) 50 properties for sale. The average days on market is 51 and the median days on market is 29 days. The average list price is $268,938 and the median asking price is $247,400.
Morton homes that sold within the past 6 months
There have been 158 properties that have sold and closed within the last six months. The average original asking price was $241,699 and the final asking price (after price reductions) was $236,791. The average sales price was $229,958 so the final list price to sales price ratio was 97%. The median original asking price was $195,500 and the final median asking price was $195,000. The median sale price was $192,400 so the final median asking price to sales price ration was 99%.
The average days on market for sold properties was 53 days and the median days on market for sold properties was 17 days.
Morton homes that did not sell
There were 32 homes in the real estate market of Morton IL that were listed for sale that came off of the market without selling. Listings may fail to sell for many reasons such as being priced too high, having been inadequately marketed, the property was in poor condition, or perhaps the owner had second thoughts about selling at this particular time.
Average Asking Price$268,938
Median Asking Price$247,400
Average Sold Price$229,958
Median Sold Price$192,400
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