Is Morris a buyer's or seller's market right now?

Morris is currently a seller's market with 2.3 months of supply. 25% of homes sell above asking price, and 52.9% go pending within two weeks. The Ridley Sell Score for Morris is 64/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Morris?

The median home price in Morris is $281,500, up 12.6% year-over-year. The median price per square foot is $170. Homes sell in a median of 52 days with a sale-to-list ratio of 99.1%.

How much does it cost to sell a home in Morris, Illinois?

On a $281,500 home in Morris, a traditional listing agent charges around $8,445 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $22,520 or more. With Ridley Essentials ($999) you save $7,446, and with Ridley Pro ($3,499) you save $4,946 while getting full agent support.

How does Ridley's flat fee compare to a traditional Morris agent?

A traditional Morris listing agent typically charges 3% of the sale price — about $8,445 on a $281,500 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $7,446–$4,946 compared to a traditional agent.

How long does it take to sell a home in Morris?

The median home in Morris currently spends 52 days on the market before going under contract, up 7% from last year. 52.9% of homes go pending within two weeks. At a 99.1% sale-to-list ratio, sellers are getting very close to or above asking price. Only 25.9% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Illinois?

No. Illinois does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $281,500 home, that could save you up to $4,946.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Illinois. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $8,445 commission.

National/Illinois

Morris, IL

Is Now a Good Time to Sell in Morris, Illinois?

The median home in Morris sells for $281,500 with prices up 12.6% year-over-year. The average seller pays $8,445 in commissions — Ridley’s flat fee saves you $4,946.

Morris Real Estate Market Conditions — April 2026

64out of 100

Ridley Sell Score

How it's scored →

Moderate

64/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Morris market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Watch for competing listings dropping prices — come in sharp from day one. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

2.3 months of supply — below the 5-month balanced threshold — in line with the Illinois average of 2.3.

Price MomentumNeutral

Prices up 12.6% year-over-year — vs. +11.7% statewide.

Seller LeverageNeutral

Homes selling at 99.1% of asking — buyers are negotiating 0.9% below list. Illinois average is 96.8%.

Bidding ActivityNeutral

25% of homes selling above list price — 10% above the Illinois average of 22.8%.

Sale SpeedFavors sellers

52 median days on market — 23 days faster than the Illinois average.

Market UrgencyFavors sellers

52.9% of listings go pending within 2 weeks — vs. 25.8% statewide.

Price StabilityFavors buyers

25.9% of listings have dropped their price — accurate initial pricing is critical. Illinois average is 13.6%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$281,500

+12.6%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

+7%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$170

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

99.1%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.3

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

25%

Moderate demand

Price Drops

Percentage of active listings that had a price reduction.

25.9%

Pricing matters

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

52.9%

Fast-moving

12-Month Price Trend

$230,000 → $281,500

▲22.4%

$350K$300K$250K

MayJulSepNovJanMarApr

Data updated April 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Morris — delivered monthly.

Your savings

How much can you save selling your home in Morris?

The average Morris homeowner saves $4,946 by selling with Ridley instead of paying the traditional 3% listing commission on a $281,500 home.

$0Estimated savings

That could furnish your new living room — save 1.8% of your home value

Your Morris home value

$281,500

$50,000$10M

Traditional Agent (3%)

$8,445

Ridley Pro (flat fee)

$3,499

Ready to sell in Morris?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Morris?

The total cost to sell a house in Morris in 2026 ranges from $999 with Ridley Essentials to approximately $8,445 with a traditional 3% commission on a $281,500 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$8,445	$3,499	$999	$0
Buyer agent	$7,8822.8% avg	$5,630~2% avg	$5,630~2% avg	$7,8822.8% avg
Closing costs (~1.5%)	$4,223	$4,223	$4,223	$4,223
Total cost	$20,550	$13,352	$10,852	$12,105
Net proceeds	$260,950	$268,148	$270,648	$269,395
You save	—	$7,198	$9,698	$8,445No support