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Morris, IL

Full City Profile · Illinois · Grundy County County

3.3 /5.0
B Good
14,775 Population 1,192/sq mi density
$72,357 Median Income $39,035 per capita
$244,400 Home Value $303,098 Zillow
$1,141 Median Rent 26.3% income on rent
51°F Avg Temperature 275 sunny days/yr
113 Violent Crime/100K 1,883 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$72,357 median income, 2.1% unemployment
A+
Affordability
4.8 / 5.0
$244,400 home value, $1,141/mo rent
F
Safety
1.0 / 5.0
113 violent crimes/100K
B
Education
3.0 / 5.0
25.5% bachelor's degree or higher

Housing Overview

Median Home Value
$244,400
13% below
US avg: $281,900
Median Rent
$1,141/mo
2% below
US avg: $1,163/mo
Homeownership Rate
56.7%
13% below US avg (65.4%)
Total Housing Units
6,343
Median year built: 1980

Home Value by Source

Census Median
$244,400
Zillow (ZHVI)
$303,098
Median Sale Price
$281,500
Median List Price
$275,625
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

56.7%
Owner-Occupied
43.3%
Renter-Occupied
57%
43%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,141/mo · Zillow rent: $1,289/mo

Market Indicators (Redfin)

Median Days on Market
52 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
25.9%
of listings with price reduction
Price Per Sq Ft
$170
Active Inventory
27
homes for sale

Affordability & Housing Stock

Rent Burden
26.3%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
56.7%

Complete Housing Data

Home Values

Census Median Value$244,400
Zillow Home Value (ZHVI)$303,098
Median Sale Price$281,500
Median List Price$275,625
Price Per Sq Ft$170

Rent

Census Median Rent$1,141
Zillow Rent (ZORI)$1,289
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market52
Sale-to-List Ratio1.0%
Price Drops25.9%
Homes Sold12
Active Inventory27
Price Per Sq Ft$170

Ownership & Stock

Owner-Occupied56.7%
Renter-Occupied43.3%
Homeownership Rate56.7%
Total Housing Units6,343
Median Year Built1980
Rent Burden26.3%