Comprehensive market data and analysis• Updated Dec 2025
22.7 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 3 | 9 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | 2 | 2 | 2 |
| 5-10 acres | - | 2 | 2 | 6 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 6 | 9 | 20 |
Acreage buckets
The median price for land in Morris, Illinois is currently $49K per acre. For a typical parcel, the median sale price is $79K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $31K while premium lots reached $224K.
Morris, Illinois is currently a strong buyer's market with 22.7 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 1.9% year-over-year.
Morris, Illinois currently has 22.7 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Morris, Illinois averages $90K per acre. The median price per acre is $49K, which may be more representative of typical transactions. Most parcels sold are around 2.3 acres.
The median land price in Morris, Illinois stands at $79K. This translates to roughly $49K per acre for the typical parcel size. The average price is $147K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Morris, Illinois saw 22 properties sold, totaling $3.2M in sales volume. In just the last 3 months, 7 properties changed hands.
Land in Morris, Illinois typically sells within 183 days of listing. The median time on market is 78 days. Properties are moving slowly in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
