Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 5 | 9 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 5 | 9 |
Acreage buckets
The median price for land in Morton, Illinois is currently $133K per acre. For a typical parcel, the median sale price is $62K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $45K while premium lots reached $73K.
Land in Morton, Illinois typically sells within 374 days of listing. The median time on market is 217 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Morton, Illinois saw 9 properties sold, totaling $527K in sales volume.
There are currently 8 active listings in Morton, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $70K.
Land in Morton, Illinois averages $142K per acre. The median price per acre is $133K, which may be more representative of typical transactions. Most parcels sold are around 20,908 sq ft.
The median land price in Morton, Illinois stands at $62K. This translates to roughly $133K per acre for the typical parcel size. The average price is $59K, showing a fairly consistent market.
The 12-month rate is 9.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
