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Morton, IL
Full City Profile · Illinois · Tazewell County County
3.8
/5.0
B+
Good
16,503
Population
1,281/sq mi density
$87,760
Median Income
$46,532 per capita
$238,900
Home Value
$273,197 Zillow
$1,001
Median Rent
24.0% income on rent
52°F
Avg Temperature
275 sunny days/yr
185
Violent Crime/100K
475 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$87,760 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$238,900 home value, $1,001/mo rent
F
Safety
1.0 / 5.0
185 violent crimes/100K
A
Education
4.4 / 5.0
42.9% bachelor's degree or higher
Housing Overview
Median Home Value
$238,900
15% below
US avg: $281,900
Median Rent
$1,001/mo
14% below
US avg: $1,163/mo
Homeownership Rate
78.2%
20% above US avg (65.4%)
Total Housing Units
7,609
Median year built: 1974
Home Value by Source
Census Median
$238,900
Zillow (ZHVI)
$273,197
Median Sale Price
$280,000
Median List Price
$264,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.2%
Owner-Occupied
21.8%
Renter-Occupied
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:
$1,001/mo
Market Indicators (Redfin)
Median Days on Market
37 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
71.4%
of listings with price reduction
Price Per Sq Ft
$138
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
24.0%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
78.2%
Complete Housing Data
Home Values
| Census Median Value | $238,900 |
| Zillow Home Value (ZHVI) | $273,197 |
| Median Sale Price | $280,000 |
| Median List Price | $264,900 |
| Price Per Sq Ft | $138 |
Rent
| Census Median Rent | $1,001 |
| 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 Market | 37 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 71.4% |
| Homes Sold | 10 |
| Active Inventory | 14 |
| Price Per Sq Ft | $138 |
Ownership & Stock
| Owner-Occupied | 78.2% |
| Renter-Occupied | 21.8% |
| Homeownership Rate | 78.2% |
| Total Housing Units | 7,609 |
| Median Year Built | 1974 |
| Rent Burden | 24.0% |