The median home in Morton, Illinois is valued at $269,500, up 6.5% year over year. Typical monthly rent is $1,799, producing a price-to-rent ratio of 12.5x — below the national average of 18x. Morton is part of the Peoria, IL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$269,500

+6.5%

Rent$1,799/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Morton.

Income (annual)

Down Payment

$53,900 on $269,500

Example: $75,000 household income. Change it above to see your own.

Stretch32.2% of income

Above 28% but manageable with cuts.

PITI$2,014

P/I32.2%

Afford$234K

Gap-$35K

P&I $1,363Tax $501Ins $150

Renting $215/mo cheaper ($1,799 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Morton with other housing markets across Illinois.

Kenilworth$1.93M Winnetka$1.73M Glencoe$1.51M Bannockburn$1.22M Golf$1.19M Hinsdale$1.18M Lake Forest$1.14M South Barrington$1.08M

Full Peoria, IL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Peoria, IL metro.

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Morton, IL