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Area data

Morton, IL — ZIP 61550

Population: 18,792 (Census ACS)

The median home value in ZIP 61550 (Morton, IL) is $291,605 — up 6.5% over the past year. Homes sell for a median $270,250 after a median 20.5 days on market. 7 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with coldwave, strongwind, tornado the top-rated hazards. Cost of living is 2.7% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$291,605

Median home value

+6.5%

1-year change

20.5

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$291,605
1-year appreciation
+6.5%
3-year appreciation
+20.0%
5-year appreciation
+32.8%
10-year appreciation
+48.8%
All-time peak (2026-07)
$291,605
House Price Index (state)
325.3 (+6.1% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$270,250
Median list price
$305,000
Median price per sqft
$125
1-year sale-price change
+7.0%
Median days on market
20.5 days
Homes sold (recent period)
52
For-sale inventory
29
Sale-to-list ratio
101.6%
Active listings
14
1-year forecast
+2.8%
New listings (monthly)
17

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$780/mo
1BR fair-market rent
$975/mo
2BR fair-market rent
$1,220/mo
3BR fair-market rent
$1,586/mo
4BR fair-market rent
$1,830/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
7
Elementary schools
4
Middle schools
1
High schools
1
Schools include
Grundy Elem School, Jefferson Elem School, Lincoln Elem School, Morton High School, Morton Jr High School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
coldWave, strongWind, tornado, drought, hail
Notable hazard ratings (county)
coldWave: Relatively High · drought: Relatively Moderate · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Moderate · iceStorm: Relatively Moderate
Wildfire risk to homes (county)
Higher than 5% of US counties
Buildings in wildfire direct-exposure zone
18.5%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
41.4 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
8.3 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
31,869
Jobs reachable by transit (45 min)
26,560

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Springfield 1908 Race Riot National Monument (57 mi)
National parks include
Springfield 1908 Race Riot National Monument, Lincoln Home National Historic Site
Airports within 30 mi
28
Nearest airport
Weishaupt Airport (8 mi)
Nearest major airport
General Wayne A. Downing Peoria International Airport (PIA) (14 mi)
Hospitals nearby (~15 mi)
3
Hospitals include
CARLE HEALTH PEKIN HOSPITAL, CARLE EUREKA HOSPITAL, HOPEDALE HOSPITAL
Avg hospital rating (CMS)
2.0 / 5
Best hospital rating nearby (CMS)
2.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+116 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,974
Housing built before 1970
41.4%
Housing built 2000 or later
19.4%
Median annual property tax
$4,727
Mean commute to work
15 min
Households with broadband internet
84.0%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
39,597
Average weekly wage
$1,064
Top industries (by employment)
Accommodation & Food, Health Care, Construction
Annual residential building permits (county)
64

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 61550State medianUS median
Median home value$291,605$195,432$289,727
Median sale price$270,250$212,000$325,000
Median days on market21 days48 days51 days
Median annual property tax$4,727$2,696$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 61550?
$291,605.
What is the median sale price in ZIP 61550?
$270,250.
How long do homes take to sell in ZIP 61550?
Median days on market: 20.5 days.
What is typical rent in ZIP 61550?
2-bedroom fair-market rent: $1,220/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 61550?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: coldWave, strongWind, tornado, drought, hail.
What is the wildfire risk in ZIP 61550?
Risk to homes is higher than 5% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 61550?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 61550?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 61550?
7 schools (4 elementary, 1 middle, 1 high) (NCES, 2022-23).
Is ZIP 61550 walkable?
Walkability index: 8.3/20 (EPA Smart Location Database).
What is the cost of living in ZIP 61550?
Regional Price Parity: 97.3 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents