Morris, Illinois.
Typical home $314,234 (+3.4% in a year), asking rent $1,574 (+7.3%). Chicago-Naperville-Elgin, IL-IN-WI metro.
to buy the typical home at today's mortgage rate — +$811 (+97%) since Jan 2020.
- 1 year
- Up $10,271 +3%
- $303,962$314,234 since Sep 2025
- 5 years
- Up $64,935 +26%
- $249,299$314,234 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Morris$1,649
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in Morris, IL rose 3.4% over the past year — faster than the nation's +1.2%.
Asking rents in Morris, IL rose 7.3% over the past year — faster than the nation's +2.7%.
Owning the typical home in Morris runs $934/mo more than renting one. The gap peaked at $1,066 in Aug 2026.
That is $2,508 a month against $1,574 rent: a $1,649 mortgage payment, plus $522 property tax and $336 insurance & upkeep.
Owning vs renting — Morris
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,508
- Renting$1,574
- Mortgage only$1,649
Property tax · $522/mo 1.99% of value a year — the ACS 2020-2024 median bill over the median home value for Grundy County, IL
Insurance & upkeep · $336/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Morris, Grundy County, Illinois
Morris is a city of 14,163 people in Grundy County. Half its households earn more than $76,711 a year and half less, against $92,235 across Grundy County; 8% of its people live below the poverty line. 57% of its homes are lived in by their owners and 43% are rented. Unemployment in Grundy County was 4.9% in August 2026, and the county had 2.7% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Morris is a small city and the seat of Grundy County, with a population at about the middle of the range for towns of its kind. Residents tend to be somewhat older than the national picture, and most homes are lived in by their owners, though renters make up a real part of the community too. Household incomes here run below the county's, and winters are cold and snowy while summers turn warm.
Work. Many residents work in schools, hospitals and social care, followed by shops, then transport, warehouses and utilities, and manufacturing. Morris Hospital, Walmart and Jewel Food Stores are among the largest workplaces in town. Commutes are fairly short, and a modest share of people work from home.
Things to do. Gebhard Woods State Park and the Morris Wide Water Canal Boat Site, an archaeological site, are both in or beside town. A short drive away, Heidecke Lake State Fish and Wildlife Area is a protected area, and the Kankakee River is close by as well. For a longer outing, Midewin National Tallgrass Prairie is a protected area a longer drive away.
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- 6,484households
- 24%of adults have a degree
- 8%below the poverty line
- 22 mintypical commute
- 12%work from home
What residents work in
Employed residents by industry, from the Census survey. Grundy County had 22,954 jobs in 2025, 2.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 31° and lows near 16°; warmest in July, with highs near 85° and lows near 65°. About 25 inches of snow and 39 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Morris Northwest weather station, under a mile away (NOAA).
Largest workplaces in Morris
- Morris HospitalGeneral hospital1,182FTE
- WalmartWarehouse clubs and supercenters390
- Jewel Food StoresSupermarkets and other grocery stores165
- RyderGeneral warehousing and storage160
- Morris CHSD 101School district124FTE
- Arcadia Care of MorrisSkilled nursing facilities102
- Grundy County Spec Educ Coop SchoolsSchool district79FTE
- Sponge-CushionCushions, carpet and rug, urethane and other foam plastics, manufacturing65
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 11 workplaces with 20 or more staff, 1,979 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- Strong windVery high
- TornadoesVery high
- Inland floodingVery high
- Winter weatherRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Morris’ census tracts, against the rest of the country; all of them together, very high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Grundy County and the Chicago-Naperville-Elgin, IL-IN-WI metro.
Morris home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Morris$314,234
- Illinois$295,943
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Morris listings, and the typical home goes pending in 9 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Morris29.06%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Morris56
New listings per month
Sellers arriving at the market.
- Morris23
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Morris$339,207
- United States$371,407
Zip codes with a Morris address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Morris — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.