Morton home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Morton rose by $47,250 while total sales increased by 55%, according to BlockShopper.com.

In October 2020, there were 31 homes sold, with a median sale price of $189,500 - a 33.2% increase over the $142,250 median sale price for the same period of the previous year. There were 20 homes sold in Morton in October 2019.

The median sales tax in Morton for the most recent year with available data, 2019, was $3,984, approximately 2.1% of the median home sale price for October 2020.

The following table compares Morton to other Tazewell County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Hopedale45-20%$250,000$87,000187.4%
Morton312055%$189,500$142,25033.2%
Heritage Lake13-66.7%$185,000$147,59025.3%
Mackinaw59-44.4%$160,000$153,0004.6%
Armington10-$160,000$0-
Washington40378.1%$155,250$170,000-8.7%
Delavan37-57.1%$153,000$90,00070%
East Peoria3746-19.6%$139,900$131,0006.8%
Green Valley21100%$139,000$153,900-9.7%
Tremont46-33.3%$135,000$164,950-18.2%
Minier4333.3%$126,000$156,250-19.4%

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